Filing Flows › Financials › Mount Logan Capital (MLCI)
Mount Logan Capital (MLCI) earnings and revenue breakdown
Latest: Q3 2026 · 8-K filed Nov 5, 2026
Q3 2026 Revenue up 12% year over year to $12.9M · 29¢ of every $1 of revenue lost · operating margin -29.0%
Mount Logan Capital made $12.9M in Q3 2026 (+12% Y/Y). Operating margin -29.0%, net loss $3.7M. See where every dollar goes — costs, profit and cash — as a Sankey from the 8-K filed Nov 5, 2026 (preliminary, from the earnings release).
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What changed this quarter
Revenue was $12.9M in Q3 2026, up 12% year over year and up 47% from the previous quarter.
Operating costs exceeded revenue by $3.7M, an operating margin of -29.0%. Total costs fell 43% while revenue rose 12%. The quarter ended with a net loss of $3.7M, narrower than the previous quarter's $4.2M loss. Minority interests bore $3.7M of it: to shareholders the quarter was a loss of $0K.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 8-K | Nov 5, 2026 | $12.9M | +12% | -29.0% | −$3.7M | — |
| Q2 2026 | 10-Q | Aug 11, 2026 | $8.7M | -49% | -45.6% | −$4.2M | −$7.1M |
| Q1 2026 | 10-Q | May 14, 2026 | $10.6M | -29% | -54.1% | −$6.0M | −$24.4M |
| Q4 2025 | 10-K | Mar 19, 2026 | $9.9M | +11% | -395.2% | −$39.8M | $3.5M |
| Q3 2025 | 10-Q | Nov 13, 2025 | $11.4M | -10% | -152.8% | −$13.4M | −$18.6M |
| Q2 2025 | 10-Q | Aug 25, 2025 | $17.1M | — | -12.4% | −$934K | $789K |
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🔄Rotation against the market and its industry (RRG)interactive
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📈Investments: gains and what it boughtinteractive
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About Mount Logan Capital
Formed in 2018, we are a publicly traded, alternative asset management and insurance solutions company that is focused on public and private debt securities in the North American market and the reinsurance of annuity products, primarily through our wholly-owned subsidiaries Mount Logan Management LLC (“ML Management”) and Ability Insurance Company, a Nebraska domiciled insurer (“Ability”), respectively. We also actively source, evaluate, underwrite, manage, monitor and primarily invest in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present low risk of principal impairment through the credit cycle. We conduct our business primarily in the United States through our two business segments: Asset Management and Insurance Solutions.
In its own words, from its 10-K, filed Mar 19, 2026.
Mount Logan Capital against its Investment Advice peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +12% against the peers' median +6%. Operating margin: -29.0% against the peers' median 24.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| MLCI Mount Logan Capital | Q3 2026 | $12.9M | +12% | -29.0% |
| KKR KKR | Q2 2026 | $5.7B | +12% | 24.0% |
| AMP Ameriprise Financial | Q3 2026 | $5.2B | +6% | 28.9% |
| APO Apollo Global Management | Q3 2026 | $4.7B | -52% | -30.9% |
| BX Blackstone | Q3 2026 | $3.1B | -0.8% | 46.9% |
| BEN Franklin Templeton | Q4 FY26 | $2.4B | +4% | 14.6% |
| TROW Price T Rowe Group | Q3 2026 | $2.0B | +6% | 38.4% |
| IVZ Invesco | Q3 2026 | $1.9B | +14% | 23.3% |
| BAM Brookfield Asset Management | Q2 2026 | $1.8B | +61% | 62.4% |
Source: Mount Logan Capital 8-K on SEC EDGAR · CIK 2051820 · Investment Advice
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More on MLCI
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results