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James River Group Holdings (JRVR) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 10, 2026 · James River Group Holdings (JRVR) Q2 2026 earnings results →
Q2 2026 Revenue down 8% year over year to $161M · 4¢ of every $1 of revenue kept as net profit · operating margin 5.2%
James River Group Holdings made $161M in Q2 2026 (-8% Y/Y). Operating margin 5.2%, net earnings $6.4M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 10, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $161.3M in Q2 2026, down 8% year over year and up 7% from the previous quarter.
Operating profit was $8.5M, a 5.2% margin (up 1.1 points year over year). Total costs fell 9% while revenue fell 8%. Net earnings were $6.4M, up 34% year over year. The effective tax rate was 22.3%.
Operating cash flow was −$5.1M. Non-cash charges added back $1.2M of share-based compensation. Working capital and other items used $12.7M. Capital expenditures of $855K exceeded it, leaving free cash flow of −$5.9M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 10, 2026 | $161M | -8% | 5.2% | $6.4M | −$5.1M |
| Q1 2026 | 10-Q | May 5, 2026 | $151M | -12% | -7.0% | −$8.9M | −$684K |
| Q4 2025 | 10-K | Mar 3, 2026 | $168M | +32% | 14.6% | $32.1M | −$26.8M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $173M | -10% | 1.5% | $1.0M | $34.3M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $175M | -7% | 4.2% | $4.8M | $25.2M |
| Q1 2025 | 10-Q | May 6, 2025 | $172M | -14% | 9.3% | $9.6M | −$51.5M |
| Q4 2024 | 10-K | Mar 4, 2025 | $127M | -42% | -57.0% | −$64.8M | $7.5M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About James River Group Holdings
James River Group Holdings, Inc. owns and operates a group of specialty property and casualty insurance companies focused on underwriting small and middle market casualty risks within the U.S. excess and surplus (“E&S”) lines market. For the year ended December 31, 2025, approximately 84.5% of our gross written premiums and 95.9% of our net written premiums originated from the E&S lines market, which we believe puts us among the top publicly traded insurers as ranked by highest concentrations of E&S risk. Substantially all of our business is casualty insurance, and for the year ended December 31, 2025, 96.7% of our gross written premiums were derived from casualty insurance. Our objective is to generate compelling returns on tangible common equity, while limiting underwriting and investment volatility.
In its own words, from its 10-K, filed Mar 3, 2026.
James River Group Holdings against its Fire, Marine & Casualty Insurance peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -8% against the peers' median +2%. Operating margin: 5.2% against the peers' median 15.1%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| JRVR James River Group Holdings | Q2 2026 | $161M | -8% | 5.2% |
| BRK-B Berkshire Hathaway | Q2 2026 | $101.8B | +10% | 15.5% |
| PGR Progressive | Q3 2026 | $23.2B | +3% | 14.0% |
| ALL Allstate | Q3 2026 | $17.3B | +0.5% | 15.1% |
| CB Chubb | Q3 2026 | $16.2B | +0.3% | 21.0% |
| TRV Travelers Companies | Q3 2026 | $12.4B | -0.5% | 19.1% |
| AIG American International Group | Q3 2026 | $7.4B | +17% | 15.0% |
| HIG Hartford Insurance Group | Q3 2026 | $7.2B | +4% | 21.9% |
| L Loews | Q3 2026 | $4.8B | +2% | 8.5% |
Source: James River Group Holdings 10-Q on SEC EDGAR · CIK 1620459 · Fire, Marine & Casualty Insurance
13F: who owns JRVR and who is buying
More on JRVR
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results