Filing Flows › Octave Specialty Group (OSG) › Q1 2026 › vs Q1 2025
Octave Specialty Group (OSG) Q1 2026 vs Q1 2025 (year over year)
Octave Specialty Group's revenue rose $41.4M (+66%) from $62.8M in Q1 2025 to $104M in Q1 2026. The biggest changes: Insurance Distribution +$37.5M (+92%); Specialty Property and Casualty Insurance +$4.1M (+19%); Corporate Segment and Other Operating Segment −$242K (-41%).
Octave Specialty Group, Q1 2026: revenue $104M (+66% year over year), operating margin -3.2%, net loss $2.9M, operating cash flow −$10.1M. The chart draws each line against Q1 2025, the increases inside each band.
Every line
| Line | Q1 2026 | Q1 2025 | Change | % |
|---|---|---|---|---|
| Insurance Distribution | $78.5M | $41.0M | $37.5M | +92% |
| Specialty Property and Casualty Insurance | $25.3M | $21.2M | $4.1M | +19% |
| Corporate Segment and Other Operating Segment | $345K | $587K | −$242K | -41% |
| Revenue | $104M | $62.8M | $41.4M | +66% |
| Income tax benefit | $481K | $617K | −$136K | -22% |
| Net loss | $2.9M | $14.5M | −$11.6M | -80% |
| Costs & expenses | $108M | $77.9M | $29.7M | +38% |
| Operating costs | $108M | $77.9M | $29.7M | +38% |
| General & admin | $53.2M | $38.5M | $14.6M | +38% |
| Other operating costs | $54.4M | $39.3M | $15.0M | +38% |
| Operating cash sources | $27.0M | $24.1M | $2.9M | +12% |
| Depreciation & amortization | $12.2M | $9.2M | $3.0M | +33% |
| Share-based compensation | $4.7M | $2.3M | $2.4M | +101% |
| Cash used in operations | $10.1M | $12.6M | −$2.5M | -20% |
| Net loss absorbed | $2.9M | $14.5M | −$11.6M | -80% |
| Working capital & other | $24.2M | $9.6M | $14.5M | +150% |
Questions
How much did Octave Specialty Group's revenue grow year over year in Q1 2026?
Octave Specialty Group's revenue rose $41.4M (+66%) from $62.8M in Q1 2025 to $104M in Q1 2026.
What drove Octave Specialty Group's revenue change in Q1 2026?
Insurance Distribution +$37.5M (+92%); Specialty Property and Casualty Insurance +$4.1M (+19%); Corporate Segment and Other Operating Segment −$242K (-41%).