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Horace Mann Educators (HMN) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 8, 2026

Horace Mann Educators (HMN) reported revenue of $429M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -1% from the quarter before. Operating margin was 11.7%, net earnings $41.2M (9.6% of revenue).

Revenue$429M
Year over year+3%
Quarter over quarter-1%
Operating margin11.7%
Net earnings$41.2M

Horace Mann Educators, Q1 2026: revenue $429M (+3% year over year), operating margin 11.7%, net earnings $41.2M, operating cash flow $61.3M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$429M-1%+3%
Operating profit$50.2M+10%+6%
Net earnings$41.2M+14%+8%
Operating cash flow$61.3M-53%-56%

What changed

Revenue was $429.3M in Q1 2026, up 3% year over year and down 1% from the previous quarter.

Operating profit was $50.2M, a 11.7% margin (up 0.3 points year over year). Of the extra revenue versus Q1 2025, 21% reached operating profit, above the 11% margin then. Total costs grew 3% against revenue growth of 3%. Net earnings were $41.2M, up 8% year over year. The effective tax rate was 17.9%.

Operating cash flow was $61.3M (down 56% year over year), 149% of net earnings. Non-cash charges added back $6.7M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $11.2M.

Questions

What was Horace Mann Educators' revenue in the first quarter 2026?

Horace Mann Educators (HMN) reported revenue of $429M for the first quarter 2026 (Q1 2026), +3% from a year earlier and -1% from the quarter before.

Was Horace Mann Educators profitable in the first quarter 2026?

Operating profit was $50.2M (11.7% of revenue) and net earnings $41.2M.

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Source: Horace Mann Educators 10-Q on SEC EDGAR.