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Filing Flows › Mercury General (MCY) › Q3 2026 › vs Q3 2025

Mercury General (MCY) Q3 2026 vs Q3 2025 (year over year)

Mercury General's revenue fell $204M (-13%) from $1.6B in Q3 2025 to $1.4B in Q3 2026.

Mercury General, Q3 2026: revenue $1.4B (-13% year over year), operating margin -1.7%, net loss $13.7M, operating cash flow $387M. The chart draws each line against Q3 2025, the increases inside each band.

Mercury General: what changed, Q3 2026 vs Q3 2025Mercury General: what changed, Q3 2026 vs Q3 2025Net loss$294MNet loss absorbed$294MOperating cash sources$185MWorking capital & other$183MCosts & expenses−$181MOperating costs$170MOther operating costs$170MOperating cash flow−$109MFree cash flow (OCF − capex)−$107MIncome tax benefit$79.1M

Margins

Q3 2026Q3 2025Change
Free cash flow margin27.0%30.3%-3.3 pts

Every line

LineQ3 2026Q3 2025Change%
Revenue$1.4B$1.6B−$204M-13%
Income tax benefit$9.2M−$69.9M$79.1M—
Net loss$13.7M−$280M$294M—
Costs & expenses$1.4B$1.6B−$181M-11%
Operating costs$1.4B$1.2B$170M+14%
Cost of revenue$4.0M$3.9M$100K+3%
Other operating costs$1.4B$1.2B$170M+14%
Operating cash sources$401M$216M$185M+86%
Depreciation & amortization$21.0M$18.8M$2.2M+12%
Working capital & other$380M$197M$183M+93%
Net loss absorbed$13.7M−$280M$294M—
Operating cash flow$387M$496M−$109M-22%
Free cash flow (OCF − capex)$373M$480M−$107M-22%
Capital expenditures$14.8M$16.9M−$2.1M-13%

Questions

How much did Mercury General's revenue grow year over year in Q3 2026?

Mercury General's revenue fell $204M (-13%) from $1.6B in Q3 2025 to $1.4B in Q3 2026.

Q3 2026 results → · Compare in the interactive Sankey →