Filing Flows › Essent Group (ESNT) › Q3 2026
Essent Group (ESNT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Essent Group (ESNT) reported revenue of $374M for the third quarter 2026 (Q3 2026), +20% from a year earlier and +3% from the quarter before. Operating margin was 53.2%, net earnings $163M (43.7% of revenue).
Essent Group, Q3 2026: revenue $374M (+20% year over year), operating margin 53.2%, net earnings $163M, operating cash flow $239M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $374M | +3% | +20% |
| Operating profit | $199M | -14% | -0.1% |
| Net earnings | $163M | -14% | -0.5% |
| Operating cash flow | $239M | +21% | +11% |
| Free cash flow | $238M | +21% | +13% |
What changed
Revenue was $374.2M in Q3 2026, up 20% year over year and up 3% from the previous quarter.
Operating profit was $199.0M, a 53.2% margin (down 10.7 points year over year). Operating profit fell $117K even though revenue rose $62.4M versus Q3 2025, so costs grew faster than sales. Total costs grew 55% against revenue growth of 20%. Net earnings were $163.4M, down 1% year over year. The effective tax rate was 17.9%.
Operating cash flow was $239.0M (up 11% year over year), 146% of net earnings. Non-cash charges added back $1.8M of depreciation and amortization and $2.9M of share-based compensation. Working capital and other items added $70.9M. Capital expenditures of $1.2M left free cash flow of $237.9M.
Questions
What was Essent Group's revenue in the third quarter 2026?
Essent Group (ESNT) reported revenue of $374M for the third quarter 2026 (Q3 2026), +20% from a year earlier and +3% from the quarter before.
Was Essent Group profitable in the third quarter 2026?
Operating profit was $199M (53.2% of revenue) and net earnings $163M.
Source: Essent Group 10-Q on SEC EDGAR.