Filing Flows › Essent Group (ESNT) › Q2 2026
Essent Group (ESNT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Essent Group (ESNT) reported revenue of $363M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +8% from the quarter before. Operating margin was 63.5%, net earnings $190M (52.3% of revenue).
Essent Group, Q2 2026: revenue $363M (+14% year over year), operating margin 63.5%, net earnings $190M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $363M | +8% | +14% |
| Operating profit | $230M | +11% | -0.4% |
| Net earnings | $190M | +10% | -3% |
| Operating cash flow | $197M | +3% | +4% |
| Free cash flow | $196M | +3% | +4% |
What changed
Revenue was $362.7M in Q2 2026, up 14% year over year and up 8% from the previous quarter.
Operating profit was $230.3M, a 63.5% margin (down 8.9 points year over year). Operating profit fell $856K even though revenue rose $43.5M versus Q2 2025, so costs grew faster than sales. Total costs grew 50% against revenue growth of 14%. Net earnings were $189.7M, down 3% year over year. The effective tax rate was 17.6%.
Operating cash flow was $197.1M (up 4% year over year), 104% of net earnings. Non-cash charges added back $1.2M of depreciation and amortization and $3.4M of share-based compensation. Capital expenditures of $1.0M left free cash flow of $196.1M.
Questions
What was Essent Group's revenue in the second quarter 2026?
Essent Group (ESNT) reported revenue of $363M for the second quarter 2026 (Q2 2026), +14% from a year earlier and +8% from the quarter before.
Was Essent Group profitable in the second quarter 2026?
Operating profit was $230M (63.5% of revenue) and net earnings $190M.
Source: Essent Group 10-Q on SEC EDGAR.