Filing Flows › Erie Indemnity (ERIE) › Q2 2025
Erie Indemnity (ERIE) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Erie Indemnity (ERIE) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +7% from the quarter before. Operating margin was 18.8%, net earnings $175M (16.5% of revenue).
Erie Indemnity, Q2 2025: revenue $1.1B (+7% year over year), operating margin 18.8%, net earnings $175M, operating cash flow $178M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.1B | +7% | +7% |
| Operating profit | $199M | +32% | +5% |
| Net earnings | $175M | +26% | +7% |
| Operating cash flow | $178M | +50% | +35% |
| Free cash flow | $157M | +78% | +52% |
What changed
Revenue was $1.1B in Q2 2025, up 7% year over year and up 7% 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 $0.06B year over year (up 8%), 90% of the total change. Service agreement revenue declined 18%.
Operating profit was $0.20B, a 18.8% margin (down 0.4 points year over year). Of the extra revenue versus a year earlier, 13% reached operating profit, below the 19% margin then. Total costs grew 8% against revenue growth of 7%. Net earnings were $0.17B, up 7% year over year. The effective tax rate was 20.9%.
Operating cash flow was $0.18B (up 35% year over year), 102% of net earnings. Capital expenditures of $0.02B left free cash flow of $0.16B.
Questions
What was Erie Indemnity's revenue in the second quarter 2025?
Erie Indemnity (ERIE) reported revenue of $1.1B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +7% from the quarter before.
Was Erie Indemnity profitable in the second quarter 2025?
Operating profit was $199M (18.8% of revenue) and net earnings $175M.
Source: Erie Indemnity 10-Q on SEC EDGAR.