Filing Flows › Hamilton Insurance Group (HG) › Q1 2026
Hamilton Insurance Group (HG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Hamilton Insurance Group (HG) reported revenue of $759M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before. Operating margin was 28.9%, net earnings $217M (28.6% of revenue).
Hamilton Insurance Group, Q1 2026: revenue $759M (-1% year over year), operating margin 28.9%, net earnings $217M, operating cash flow $101M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $759M | +4% | -1% |
| Operating profit | $219M | +16% | +19% |
| Net earnings | $217M | +1% | +20% |
| Operating cash flow | $101M | -66% | +189% |
What changed
Revenue was $758.9M in Q1 2026, down 1% year over year and up 4% from the previous quarter.
Operating profit was $219.4M, a 28.9% margin (up 4.9 points year over year). Total costs fell 8% while revenue fell 1%. Net earnings were $217.0M, up 20% year over year. The effective tax rate was 1.1%.
Operating cash flow was $100.8M (up 189% year over year), 46% of net earnings. Non-cash charges added back $4.4M of depreciation and amortization and $5.7M of share-based compensation. Working capital and other items used $126.2M.
Questions
What was Hamilton Insurance Group's revenue in the first quarter 2026?
Hamilton Insurance Group (HG) reported revenue of $759M for the first quarter 2026 (Q1 2026), -1% from a year earlier and +4% from the quarter before.
Was Hamilton Insurance Group profitable in the first quarter 2026?
Operating profit was $219M (28.9% of revenue) and net earnings $217M.