Filing Flows › Erie Indemnity (ERIE) › Q2 2026 › vs Q1 2026
Erie Indemnity (ERIE) Q2 2026 vs Q1 2026 (quarter over quarter)
Erie Indemnity's revenue rose $77.9M (+8%) from $1.0B in Q1 2026 to $1.1B in Q2 2026. The biggest changes: Management fee revenue - policy issuance and renewal services +$76.5M (+10%); Administrative services reimbursement revenue +$1.5M (+0.7%); Service agreement revenue −$197K (-3%). Operating margin 18.7% against 16.5% (+2.2 pts).
Erie Indemnity, Q2 2026: revenue $1.1B (+3% year over year), operating margin 18.7%, net earnings $180M, operating cash flow $215M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 18.7% | 16.5% | +2.2 pts |
| Net margin | 16.5% | 14.9% | +1.7 pts |
| Free cash flow margin | 15.9% | 5.4% | +10.5 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Management fee revenue - policy issuance and renewal services | $863M | $786M | $76.5M | +10% |
| Administrative services reimbursement revenue | $202M | $200M | $1.5M | +0.7% |
| Management fee revenue - administrative services | $19.6M | $19.5M | $144K | +0.7% |
| Service agreement revenue | $5.7M | $5.9M | −$197K | -3% |
| Revenue | $1.1B | $1.0B | $77.9M | +8% |
| Other income, net | $24.0M | $23.5M | $415K | +2% |
| Operating profit | $204M | $167M | $37.3M | +22% |
| Costs & expenses | $886M | $845M | $40.5M | +5% |
| Pre-tax earnings | $228M | $190M | $37.8M | +20% |
| Net earnings | $180M | $150M | $29.8M | +20% |
| Income tax | $47.8M | $39.9M | $7.9M | +20% |
| Working capital & other | $34.6M | −$58.6M | $93.2M | — |
| Operating cash flow | $215M | $91.9M | $123M | +134% |
| Free cash flow (OCF − capex) | $173M | $54.5M | $119M | +218% |
| Capital expenditures | $41.5M | $37.4M | $4.1M | +11% |
Questions
How much did Erie Indemnity's revenue grow quarter over quarter in Q2 2026?
Erie Indemnity's revenue rose $77.9M (+8%) from $1.0B in Q1 2026 to $1.1B in Q2 2026.
What drove Erie Indemnity's revenue change in Q2 2026?
Management fee revenue - policy issuance and renewal services +$76.5M (+10%); Administrative services reimbursement revenue +$1.5M (+0.7%); Service agreement revenue −$197K (-3%).