Filing Flows › James River Group Holdings (JRVR) › Q2 2025
James River Group Holdings (JRVR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
James River Group Holdings (JRVR) reported revenue of $175M for the second quarter 2025 (Q2 2025), -7% from a year earlier and +1% from the quarter before. Operating margin was 4.2%, net earnings $4.8M (2.7% of revenue).
James River Group Holdings, Q2 2025: revenue $175M (-7% year over year), operating margin 4.2%, net earnings $4.8M, operating cash flow $25.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $175M | +1% | -7% |
| Operating profit | $7.3M | -54% | -64% |
| Net earnings | $4.8M | -50% | -38% |
| Operating cash flow | $25.2M | — | — |
| Free cash flow | $24.7M | — | — |
What changed
Revenue was $174.8M in Q2 2025, down 7% year over year and up 1% from the previous quarter.
Operating profit was $7.3M, a 4.2% margin (down 6.5 points year over year). Total costs fell 0% while revenue fell 7%. Net earnings were $4.8M, down 38% year over year. The effective tax rate was 31.7%.
Operating cash flow was $25.2M, 529% of net earnings. Non-cash charges added back $834K of share-based compensation. Working capital and other items added $19.6M. Capital expenditures of $459K left free cash flow of $24.7M.
Questions
What was James River Group Holdings' revenue in the second quarter 2025?
James River Group Holdings (JRVR) reported revenue of $175M for the second quarter 2025 (Q2 2025), -7% from a year earlier and +1% from the quarter before.
Was James River Group Holdings profitable in the second quarter 2025?
Operating profit was $7.3M (4.2% of revenue) and net earnings $4.8M.