Filing Flows › Hamilton Insurance Group (HG) › Q2 2026
Hamilton Insurance Group (HG) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Hamilton Insurance Group (HG) reported revenue of $840M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +11% from the quarter before. Operating margin was 30.6%, net earnings $255M (30.3% of revenue).
Hamilton Insurance Group, Q2 2026: revenue $840M (+13% year over year), operating margin 30.6%, net earnings $255M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $840M | +11% | +13% |
| Operating profit | $257M | +17% | -5% |
| Net earnings | $255M | +17% | -5% |
| Operating cash flow | $125M | +24% | -43% |
What changed
Revenue was $839.6M in Q2 2026, up 13% year over year and up 11% from the previous quarter.
Operating profit was $257.3M, a 30.6% margin (down 5.9 points year over year). Operating profit fell $13.2M even though revenue rose $98.8M versus Q2 2025, so costs grew faster than sales. Total costs grew 24% against revenue growth of 13%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $254.8M, down 5% year over year. The effective tax rate was 1.0%.
Operating cash flow was $125.3M (down 43% year over year), 49% of net earnings. Non-cash charges added back $4.0M of depreciation and amortization and $6.8M of share-based compensation. Working capital and other items used $140.3M.
Questions
What was Hamilton Insurance Group's revenue in the second quarter 2026?
Hamilton Insurance Group (HG) reported revenue of $840M for the second quarter 2026 (Q2 2026), +13% from a year earlier and +11% from the quarter before.
Was Hamilton Insurance Group profitable in the second quarter 2026?
Operating profit was $257M (30.6% of revenue) and net earnings $255M.