Filing Flows › Old Republic International (ORI) › Q4 2025
Old Republic International (ORI) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
Old Republic International (ORI) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and -1% from the quarter before. Operating margin was 11.0%, net earnings $207M (8.7% of revenue).
Old Republic International, Q4 2025: revenue $2.4B (+19% year over year), operating margin 11.0%, net earnings $207M, operating cash flow $235M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.4B | -1% | +19% |
| Operating profit | $263M | -25% | +101% |
| Net earnings | $207M | -26% | +97% |
| Operating cash flow | $235M | -58% | -35% |
What changed
Revenue was $2.4B in Q4 2025, up 19% year over year and down 1% from the previous quarter.
Operating profit was $0.26B, a 11.0% margin (up 4.5 points year over year). Of the extra revenue versus a year earlier, 34% reached operating profit, above the 7% margin then. Total costs grew 14% against revenue growth of 19%. The fastest-growing cost line was Other operating costs (+14%). Net earnings were $0.21B, up 96% year over year. The effective tax rate was 21.3%.
Operating cash flow was $0.23B (down 35% year over year), 113% of net earnings. Working capital and other items added $0.03B.
Questions
What was Old Republic International's revenue in the fourth quarter 2025?
Old Republic International (ORI) reported revenue of $2.4B for the fourth quarter 2025 (Q4 2025), +19% from a year earlier and -1% from the quarter before.
Was Old Republic International profitable in the fourth quarter 2025?
Operating profit was $263M (11.0% of revenue) and net earnings $207M.