Filing Flows › Kinsale Capital Group (KNSL) › Q4 2025
Kinsale Capital Group (KNSL) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Kinsale Capital Group (KNSL) reported revenue of $483M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and -3% from the quarter before. Operating margin was 36.2%, net earnings $139M (28.7% of revenue).
Kinsale Capital Group, Q4 2025: revenue $483M (+17% year over year), operating margin 36.2%, net earnings $139M, operating cash flow $241M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $483M | -3% | +17% |
| Operating profit | $175M | -2% | +26% |
| Net earnings | $139M | -2% | +27% |
| Operating cash flow | $241M | -20% | +13% |
| Free cash flow | $231M | -20% | +14% |
What changed
Revenue was $483.3M in Q4 2025, up 17% year over year and down 3% from the previous quarter.
Operating profit was $174.8M, a 36.2% margin (up 2.5 points year over year). Of the extra revenue versus a year earlier, 51% reached operating profit, above the 34% margin then. Total costs grew 13% against revenue growth of 17%. Net earnings were $138.6M, up 27% year over year. The effective tax rate was 20.7%.
Operating cash flow was $241.4M (up 13% year over year), 174% of net earnings. Non-cash charges added back $4.7M of share-based compensation. Working capital and other items added $98.1M. Capital expenditures of $10.6M left free cash flow of $230.8M.
Questions
What was Kinsale Capital Group's revenue in the fourth quarter 2025?
Kinsale Capital Group (KNSL) reported revenue of $483M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and -3% from the quarter before.
Was Kinsale Capital Group profitable in the fourth quarter 2025?
Operating profit was $175M (36.2% of revenue) and net earnings $139M.