Filing Flows › Kingstone Companies (KINS) › Q1 2025
Kingstone Companies (KINS) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Kingstone Companies (KINS) reported revenue of $50.5M for the first quarter 2025 (Q1 2025), +41% from a year earlier and +20% from the quarter before. Operating margin was 9.3%, net earnings $3.9M (7.7% of revenue).
Kingstone Companies, Q1 2025: revenue $50.5M (+41% year over year), operating margin 9.3%, net earnings $3.9M, operating cash flow $17.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $50.5M | +20% | +41% |
| Operating profit | $4.7M | -29% | +161% |
| Net earnings | $3.9M | -29% | +172% |
| Operating cash flow | $17.9M | -22% | +193% |
| Free cash flow | $17.0M | -24% | +206% |
What changed
Revenue was $50.5M in Q1 2025, up 41% year over year and up 20% from the previous quarter.
Operating profit was $4.7M, a 9.3% margin (up 4.3 points year over year). Of the extra revenue versus a year earlier, 20% reached operating profit, above the 5% margin then. Total costs grew 35% against revenue growth of 41%. Net earnings were $3.9M, up 172% year over year. The effective tax rate was 17.7%.
Operating cash flow was $17.9M (up 193% year over year), 460% of net earnings. Non-cash charges added back $624K of depreciation and amortization and $339K of share-based compensation. Working capital and other items added $13.0M. Capital expenditures of $863K left free cash flow of $17.0M.
Questions
What was Kingstone Companies' revenue in the first quarter 2025?
Kingstone Companies (KINS) reported revenue of $50.5M for the first quarter 2025 (Q1 2025), +41% from a year earlier and +20% from the quarter before.
Was Kingstone Companies profitable in the first quarter 2025?
Operating profit was $4.7M (9.3% of revenue) and net earnings $3.9M.