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Mount Logan Capital (MLCI) Q3 2026 earnings results (third quarter 2026)

8-K filed Nov 5, 2026

Mount Logan Capital (MLCI) reported revenue of $12.9M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +47% from the quarter before. Operating margin was -29.0%, net loss $3.7M (29.0% of revenue).

Revenue$12.9M
Year over year+12%
Quarter over quarter+47%
Operating margin-29.0%
Net earnings−$3.7M

Mount Logan Capital, Q3 2026: revenue $12.9M (+12% year over year), operating margin -29.0%, net loss $3.7M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$12.9M+47%+12%
Operating profit−$3.7M——
Net earnings−$3.7M——

What changed

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.

Questions

What was Mount Logan Capital's revenue in the third quarter 2026?

Mount Logan Capital (MLCI) reported revenue of $12.9M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +47% from the quarter before.

Was Mount Logan Capital profitable in the third quarter 2026?

Operating loss was $3.7M (-29.0% of revenue) and net loss $3.7M.

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Source: Mount Logan Capital 8-K on SEC EDGAR.