Filing Flows › Heritage Insurance Holdings (HRTG) › Q1 2026
Heritage Insurance Holdings (HRTG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Heritage Insurance Holdings (HRTG) reported revenue of $213M for the first quarter 2026 (Q1 2026), +0.5% from a year earlier and -1% from the quarter before. Operating margin was 23.9%, net earnings $36.5M (17.2% of revenue).
Heritage Insurance Holdings, Q1 2026: revenue $213M (+0.5% year over year), operating margin 23.9%, net earnings $36.5M, operating cash flow $24.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $213M | -1% | +0.5% |
| Operating profit | $50.8M | -43% | +20% |
| Net earnings | $36.5M | -45% | +20% |
| Operating cash flow | $24.9M | +80% | 30× |
| Free cash flow | $23.0M | +111% | — |
What changed
Revenue was $212.7M in Q1 2026, up 1% year over year and down 1% from the previous quarter.
Operating profit was $50.8M, a 23.9% margin (up 3.8 points year over year). Of the extra revenue versus Q1 2025, 737% reached operating profit, above the 20% margin then. Total costs fell 4% while revenue rose 1%. Net earnings were $36.5M, up 20% year over year. The effective tax rate was 25.6%.
Operating cash flow was $24.9M (up 2871% year over year), 68% of net earnings. Non-cash charges added back $3.2M of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items used $15.8M. Capital expenditures of $1.8M left free cash flow of $23.0M.
Questions
What was Heritage Insurance Holdings' revenue in the first quarter 2026?
Heritage Insurance Holdings (HRTG) reported revenue of $213M for the first quarter 2026 (Q1 2026), +0.5% from a year earlier and -1% from the quarter before.
Was Heritage Insurance Holdings profitable in the first quarter 2026?
Operating profit was $50.8M (23.9% of revenue) and net earnings $36.5M.