Filing Flows › Erie Indemnity (ERIE) › Q1 2026
Erie Indemnity (ERIE) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Erie Indemnity (ERIE) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +2% from a year earlier and +6% from the quarter before. Operating margin was 16.5%, net earnings $150M (14.9% of revenue).
Erie Indemnity, Q1 2026: revenue $1.0B (+2% year over year), operating margin 16.5%, net earnings $150M, operating cash flow $91.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +6% | +2% |
| Operating profit | $167M | +6% | +10% |
| Net earnings | $150M | +137% | +9% |
| Operating cash flow | $91.9M | -46% | -22% |
| Free cash flow | $54.5M | -61% | -38% |
What changed
Revenue was $1.0B in Q1 2026, up 2% year over year and up 6% from the previous quarter. Management fee revenue - policy issuance and renewal services was the largest line at 78% of revenue. Management fee revenue - policy issuance and renewal services added $0.03B year over year (up 4%), 139% of the total change. Service agreement revenue declined 8%.
Operating profit was $0.17B, a 16.5% margin (up 1.2 points year over year). Of the extra revenue versus Q1 2025, 68% reached operating profit, above the 15% margin then. Total costs grew 1% against revenue growth of 2%. Net earnings were $0.15B, up 9% year over year. The effective tax rate was 20.9%.
Operating cash flow was $0.09B (down 22% year over year), 61% of net earnings. Working capital and other items used $0.06B. Capital expenditures of $0.04B left free cash flow of $0.05B.
Questions
What was Erie Indemnity's revenue in the first quarter 2026?
Erie Indemnity (ERIE) reported revenue of $1.0B for the first quarter 2026 (Q1 2026), +2% from a year earlier and +6% from the quarter before.
Was Erie Indemnity profitable in the first quarter 2026?
Operating profit was $167M (16.5% of revenue) and net earnings $150M.
Source: Erie Indemnity 10-Q on SEC EDGAR.