Filing Flows › Employers Holdings (EIG) › Q4 2025
Employers Holdings (EIG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Employers Holdings (EIG) reported revenue of $170M for the fourth quarter 2025 (Q4 2025), -21% from a year earlier and -29% from the quarter before. Operating margin was -17.4%, net loss $23.4M (13.7% of revenue).
Employers Holdings, Q4 2025: revenue $170M (-21% year over year), operating margin -17.4%, net loss $23.4M, operating cash flow $700K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $170M | -29% | -21% |
| Operating profit | −$29.6M | — | — |
| Net earnings | −$23.4M | — | — |
| Operating cash flow | $700K | -98% | -95% |
| Free cash flow | $500K | -98% | -96% |
What changed
Revenue was $170.5M in Q4 2025, down 21% year over year and down 29% from the previous quarter.
Operating costs exceeded revenue by $29.6M, an operating margin of -17.4%. Total costs grew 10% against a revenue fall of 21%. The quarter ended with a net loss of $23.4M, wider than the previous quarter's $8.3M loss.
Operating cash flow was $700K (down 95% year over year). Non-cash charges added back $3.8M of depreciation and amortization and $1.1M of share-based compensation. Working capital and other items added $19.2M. Capital expenditures of $200K left free cash flow of $500K.
Questions
What was Employers Holdings' revenue in the fourth quarter 2025?
Employers Holdings (EIG) reported revenue of $170M for the fourth quarter 2025 (Q4 2025), -21% from a year earlier and -29% from the quarter before.
Was Employers Holdings profitable in the fourth quarter 2025?
Operating loss was $29.6M (-17.4% of revenue) and net loss $23.4M.
Source: Employers Holdings 10-K on SEC EDGAR.