Filing Flows › Kinsale Capital Group (KNSL) › Q1 2026
Kinsale Capital Group (KNSL) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 23, 2026
Kinsale Capital Group (KNSL) reported revenue of $467M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -3% from the quarter before. Operating margin was 29.9%, net earnings $113M (24.1% of revenue).
Kinsale Capital Group, Q1 2026: revenue $467M (+10% year over year), operating margin 29.9%, net earnings $113M, operating cash flow $249M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $467M | -3% | +10% |
| Operating profit | $140M | -20% | +24% |
| Net earnings | $113M | -19% | +26% |
| Operating cash flow | $249M | +3% | +8% |
| Free cash flow | $241M | +5% | +11% |
What changed
Revenue was $466.7M in Q1 2026, up 10% year over year and down 3% from the previous quarter.
Operating profit was $139.7M, a 29.9% margin (up 3.4 points year over year). Of the extra revenue versus Q1 2025, 63% reached operating profit, above the 27% margin then. Total costs grew 5% against revenue growth of 10%. Net earnings were $112.6M, up 26% year over year. The effective tax rate was 19.4%.
Operating cash flow was $248.9M (up 8% year over year), 221% of net earnings. Non-cash charges added back $5.0M of share-based compensation. Working capital and other items added $131.3M. Capital expenditures of $7.5M left free cash flow of $241.3M.
Questions
What was Kinsale Capital Group's revenue in the first quarter 2026?
Kinsale Capital Group (KNSL) reported revenue of $467M for the first quarter 2026 (Q1 2026), +10% from a year earlier and -3% from the quarter before.
Was Kinsale Capital Group profitable in the first quarter 2026?
Operating profit was $140M (29.9% of revenue) and net earnings $113M.