Filing Flows › Mount Logan Capital (MLCI) › Q2 2026
Mount Logan Capital (MLCI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 11, 2026
Mount Logan Capital (MLCI) reported revenue of $8.7M for the second quarter 2026 (Q2 2026), -49% from a year earlier and -18% from the quarter before. Operating margin was -45.6%, net loss $4.2M (47.8% of revenue).
Mount Logan Capital, Q2 2026: revenue $8.7M (-49% year over year), operating margin -45.6%, net loss $4.2M, operating cash flow −$7.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.7M | -18% | -49% |
| Operating profit | −$4.0M | — | — |
| Net earnings | −$4.2M | — | — |
| Operating cash flow | −$7.1M | — | -1002% |
What changed
Revenue was $8.7M in Q2 2026, down 49% year over year and down 18% from the previous quarter. Insurance Solutions was the largest line at 74% of revenue. Insurance Solutions lost $7.3M year over year (down 53%), 87% of the total change.
Operating costs exceeded revenue by $4.0M, an operating margin of -45.6%. Total costs fell 34% while revenue fell 49%. The quarter ended with a net loss of $4.2M, narrower than the previous quarter's $6.0M loss.
Operating cash flow was −$7.1M. Non-cash charges added back $79K of share-based compensation. Working capital and other items used $3.0M.
Questions
What was Mount Logan Capital's revenue in the second quarter 2026?
Mount Logan Capital (MLCI) reported revenue of $8.7M for the second quarter 2026 (Q2 2026), -49% from a year earlier and -18% from the quarter before.
Was Mount Logan Capital profitable in the second quarter 2026?
Operating loss was $4.0M (-45.6% of revenue) and net loss $4.2M.