Filing Flows › Kinsale Capital Group (KNSL) › Q3 2025
Kinsale Capital Group (KNSL) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 23, 2025
Kinsale Capital Group (KNSL) reported revenue of $498M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +6% from the quarter before. Operating margin was 36.0%, net earnings $142M (28.5% of revenue).
Kinsale Capital Group, Q3 2025: revenue $498M (+19% year over year), operating margin 36.0%, net earnings $142M, operating cash flow $303M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $498M | +6% | +19% |
| Operating profit | $179M | +6% | +24% |
| Net earnings | $142M | +6% | +24% |
| Operating cash flow | $303M | +13% | +11% |
| Free cash flow | $290M | +15% | +8% |
What changed
Revenue was $497.5M in Q3 2025, up 19% year over year and up 6% from the previous quarter.
Operating profit was $178.9M, a 36.0% margin (up 1.4 points year over year). Of the extra revenue versus a year earlier, 43% reached operating profit, above the 35% margin then. Total costs grew 16% against revenue growth of 19%. Net earnings were $141.6M, up 24% year over year. The effective tax rate was 20.8%.
Operating cash flow was $303.5M (up 11% year over year), 214% of net earnings. Non-cash charges added back $4.7M of share-based compensation. Working capital and other items added $157.1M. Capital expenditures of $13.9M left free cash flow of $289.5M.
Questions
What was Kinsale Capital Group's revenue in the third quarter 2025?
Kinsale Capital Group (KNSL) reported revenue of $498M for the third quarter 2025 (Q3 2025), +19% from a year earlier and +6% from the quarter before.
Was Kinsale Capital Group profitable in the third quarter 2025?
Operating profit was $179M (36.0% of revenue) and net earnings $142M.