Filing Flows › HCI Group (HCI) › Q1 2026
HCI Group (HCI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
HCI Group (HCI) reported revenue of $243M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -1% from the quarter before. Operating margin was 47.5%, net earnings $73.4M (30.2% of revenue).
HCI Group, Q1 2026: revenue $243M (+12% year over year), operating margin 47.5%, net earnings $73.4M, operating cash flow $149M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $243M | -1% | +12% |
| Operating profit | $115M | -20% | +15% |
| Net earnings | $73.4M | -25% | +5% |
| Operating cash flow | $149M | +34% | -8% |
| Free cash flow | $148M | +35% | -7% |
What changed
Revenue was $242.9M in Q1 2026, up 12% year over year and down 1% from the previous quarter.
Operating profit was $115.4M, a 47.5% margin (up 1.1 points year over year). Of the extra revenue versus Q1 2025, 57% reached operating profit, above the 46% margin then. Total costs grew 10% against revenue growth of 12%. Net earnings were $73.4M, up 5% year over year. The effective tax rate was 26.3%.
Operating cash flow was $148.8M (down 8% year over year), 175% of net income including minority interests. Non-cash charges added back $2.2M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items added $58.2M. Capital expenditures of $335K left free cash flow of $148.5M.
Questions
What was HCI Group's revenue in the first quarter 2026?
HCI Group (HCI) reported revenue of $243M for the first quarter 2026 (Q1 2026), +12% from a year earlier and -1% from the quarter before.
Was HCI Group profitable in the first quarter 2026?
Operating profit was $115M (47.5% of revenue) and net earnings $73.4M.
Source: HCI Group 10-Q on SEC EDGAR.