Filing Flows › Global Indemnity Group, LLC (GBLI) › Q1 2026
Global Indemnity Group, LLC (GBLI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 5, 2026
Global Indemnity Group, LLC (GBLI) reported revenue of $109M for the first quarter 2026 (Q1 2026), +0.5% from a year earlier and -6% from the quarter before. Operating margin was 5.1%, net earnings $4.2M (3.9% of revenue).
Global Indemnity Group, LLC, Q1 2026: revenue $109M (+0.5% year over year), operating margin 5.1%, net earnings $4.2M, operating cash flow −$17.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $109M | -6% | +0.5% |
| Operating profit | $5.5M | -40% | — |
| Net earnings | $4.2M | -34% | — |
| Operating cash flow | −$17.9M | — | -845% |
What changed
Revenue was $109.2M in Q1 2026, roughly flat year over year and down 6% from the previous quarter.
Operating profit was $5.5M, a 5.1% margin (up 9.7 points year over year). Total costs fell 9% while revenue was flat. Net earnings were $4.2M. The effective tax rate was 23.0%.
Operating cash flow was −$17.9M. Non-cash charges added back $1.6M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $24.7M.
Questions
What was Global Indemnity Group, LLC's revenue in the first quarter 2026?
Global Indemnity Group, LLC (GBLI) reported revenue of $109M for the first quarter 2026 (Q1 2026), +0.5% from a year earlier and -6% from the quarter before.
Was Global Indemnity Group, LLC profitable in the first quarter 2026?
Operating profit was $5.5M (5.1% of revenue) and net earnings $4.2M.