Filing Flows › Erie Indemnity (ERIE) › How it makes money
How Erie Indemnity (ERIE) makes money
Erie Indemnity (ERIE) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +0.3% from a year earlier. Management fee revenue - policy issuance and renewal services brought in $847M (79%); Administrative services reimbursement revenue brought in $198M (18%); Management fee revenue - administrative services brought in $19.7M (2%). Of every dollar of revenue, 19¢ was left as operating profit, 17¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Management fee revenue - policy issuance and renewal services | $847M | 79.2% | — | +3% |
| Administrative services reimbursement revenue | $198M | 18.5% | — | -8% |
| Management fee revenue - administrative services | $19.7M | 1.8% | — | +5% |
| Service agreement revenue | $5.7M | 0.5% | — | -19% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100.0% |
| Operating profit | $207M | 19.4% |
| Income tax | $50.8M | 4.7% |
| Net earnings | $182M | 17.0% |
| Operating cash flow | $213M | 19.9% |
| Free cash flow | $185M | 17.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.1B | +0.3% |
| Q2 2026 | $1.1B | +3% |
| Q1 2026 | $1.0B | +2% |
| Q4 2025 | $951M | +3% |
| Q3 2025 | $1.1B | +7% |
| Q2 2025 | $1.1B | +7% |
| Q1 2025 | $989M | +12% |
From Erie Indemnity's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does Erie Indemnity make money?
Erie Indemnity (ERIE) made $1.1B of revenue in the third quarter 2026 (Q3 2026), +0.3% from a year earlier. Management fee revenue - policy issuance and renewal services brought in $847M (79%); Administrative services reimbursement revenue brought in $198M (18%); Management fee revenue - administrative services brought in $19.7M (2%). Of every dollar of revenue, 19¢ was left as operating profit, 17¢ was left as net earnings.
What is Erie Indemnity's biggest business?
Management fee revenue - policy issuance and renewal services: $847M in the third quarter 2026, 79% of revenue, +3% from a year earlier.
What is Erie Indemnity's profit margin?
Net earnings were $182M, 17.0% of revenue, in the third quarter 2026; the operating margin was 19.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.