Filing Flows › Erie Indemnity (ERIE) › Q2 2026 › vs Q2 2025
Erie Indemnity (ERIE) Q2 2026 vs Q2 2025 (year over year)
Erie Indemnity's revenue rose $29.7M (+3%) from $1.1B in Q2 2025 to $1.1B in Q2 2026. The biggest changes: Management fee revenue - policy issuance and renewal services +$39.0M (+5%); Administrative services reimbursement revenue −$11.1M (-5%); Management fee revenue - administrative services +$1.3M (+7%). Operating margin 18.7% against 18.8% (-0.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 18.7% | 18.8% | -0.1 pts |
| Net margin | 16.5% | 16.5% | +0.1 pts |
| Free cash flow margin | 15.9% | 14.8% | +1.1 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Management fee revenue - policy issuance and renewal services | $863M | $824M | $39.0M | +5% |
| Administrative services reimbursement revenue | $202M | $213M | −$11.1M | -5% |
| Management fee revenue - administrative services | $19.6M | $18.3M | $1.3M | +7% |
| Service agreement revenue | $5.7M | $5.3M | $440K | +8% |
| Revenue | $1.1B | $1.1B | $29.7M | +3% |
| Other income, net | $24.0M | $21.6M | $2.4M | +11% |
| Operating profit | $204M | $199M | $5.0M | +2% |
| Costs & expenses | $886M | $861M | $24.7M | +3% |
| Pre-tax earnings | $228M | $221M | $7.3M | +3% |
| Net earnings | $180M | $175M | $5.6M | +3% |
| Income tax | $47.8M | $46.1M | $1.7M | +4% |
| Working capital & other | $34.6M | $2.9M | $31.7M | 12× |
| Operating cash flow | $215M | $178M | $37.3M | +21% |
| Free cash flow (OCF − capex) | $173M | $157M | $16.1M | +10% |
| Capital expenditures | $41.5M | $20.3M | $21.3M | +105% |
Questions
How much did Erie Indemnity's revenue grow year over year in Q2 2026?
Erie Indemnity's revenue rose $29.7M (+3%) from $1.1B in Q2 2025 to $1.1B in Q2 2026.
What drove Erie Indemnity's revenue change in Q2 2026?
Management fee revenue - policy issuance and renewal services +$39.0M (+5%); Administrative services reimbursement revenue −$11.1M (-5%); Management fee revenue - administrative services +$1.3M (+7%).