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Erie Indemnity (ERIE) Q3 2026 earnings results (third quarter 2026)

10-Q filed Oct 29, 2026

Erie Indemnity (ERIE) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +0.3% from a year earlier and -2% from the quarter before. Operating margin was 19.4%, net earnings $182M (17.0% of revenue).

Revenue$1.1B
Year over year+0.3%
Quarter over quarter-2%
Operating margin19.4%
Net earnings$182M

Erie Indemnity, Q3 2026: revenue $1.1B (+0.3% year over year), operating margin 19.4%, net earnings $182M, operating cash flow $213M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.1B-2%+0.3%
Operating profit$207M+2%-0.7%
Net earnings$182M+0.9%-0.5%
Operating cash flow$213M-0.7%-3%
Free cash flow$185M+7%+0.5%

What changed

Revenue was $1.1B in Q3 2026, roughly flat year over year and down 2% from the previous quarter. Management fee revenue - policy issuance and renewal services was the largest line at 79% of revenue. Management fee revenue - policy issuance and renewal services added $0.02B year over year (up 3%), 683% of the total change. Service agreement revenue declined 19%.

Operating profit was $0.21B, a 19.4% margin (down 0.2 points year over year). Operating profit fell $1.5M even though revenue rose $3.2M versus Q3 2025, so costs grew faster than sales. Total costs grew 1% against flat revenue. Net earnings were $0.18B, roughly flat year over year. The effective tax rate was 21.8%.

Operating cash flow was $0.21B (down 3% year over year), 117% of net earnings. Working capital and other items added $0.03B. Capital expenditures of $0.03B left free cash flow of $0.19B.

Questions

What was Erie Indemnity's revenue in the third quarter 2026?

Erie Indemnity (ERIE) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), +0.3% from a year earlier and -2% from the quarter before.

Was Erie Indemnity profitable in the third quarter 2026?

Operating profit was $207M (19.4% of revenue) and net earnings $182M.

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Source: Erie Indemnity 10-Q on SEC EDGAR.