Filing Flows › Employers Holdings (EIG) › Q1 2026
Employers Holdings (EIG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 1, 2026
Employers Holdings (EIG) reported revenue of $208M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +22% from the quarter before. Operating margin was 6.2%, net earnings $10.2M (4.9% of revenue).
Employers Holdings, Q1 2026: revenue $208M (+2% year over year), operating margin 6.2%, net earnings $10.2M, operating cash flow $2.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $208M | +22% | +2% |
| Operating profit | $12.8M | — | -19% |
| Net earnings | $10.2M | — | -20% |
| Operating cash flow | $2.2M | +214% | -85% |
| Free cash flow | $1.3M | +160% | -91% |
What changed
Revenue was $207.6M in Q1 2026, up 2% year over year and up 22% from the previous quarter.
Operating profit was $12.8M, a 6.2% margin (down 1.7 points year over year). Operating profit fell $3.1M even though revenue rose $5.0M versus Q1 2025, so costs grew faster than sales. Total costs grew 4% against revenue growth of 2%. Net earnings were $10.2M, down 20% year over year. The effective tax rate was 20.3%.
Operating cash flow was $2.2M (down 85% year over year), 22% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items used $12.6M. Capital expenditures of $900K left free cash flow of $1.3M.
Questions
What was Employers Holdings' revenue in the first quarter 2026?
Employers Holdings (EIG) reported revenue of $208M for the first quarter 2026 (Q1 2026), +2% from a year earlier and +22% from the quarter before.
Was Employers Holdings profitable in the first quarter 2026?
Operating profit was $12.8M (6.2% of revenue) and net earnings $10.2M.
Source: Employers Holdings 10-Q on SEC EDGAR.