Filing Flows › RLI (RLI) › Q3 2026 › vs Q2 2026
RLI (RLI) Q3 2026 vs Q2 2026 (quarter over quarter)
RLI's revenue fell $98.6M (-17%) from $576M in Q2 2026 to $477M in Q3 2026. Operating margin 21.6% against 36.1% (-14.4 pts).
RLI, Q3 2026: revenue $477M (-6% year over year), operating margin 21.6%, net earnings $81.0M, operating cash flow $195M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 21.6% | 36.1% | -14.4 pts |
| Net margin | 17.0% | 29.2% | -12.2 pts |
| Free cash flow margin | 40.3% | 24.7% | +15.6 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $477M | $576M | −$98.6M | -17% |
| Operating profit | $103M | $208M | −$104M | -50% |
| Costs & expenses | $374M | $368M | $5.9M | +2% |
| Pre-tax earnings | $100M | $211M | −$111M | -52% |
| Other expense, net | $3.1M | −$3.0M | $6.1M | — |
| Net earnings | $81.0M | $168M | −$87.0M | -52% |
| Income tax | $19.1M | $42.7M | −$23.6M | -55% |
| Working capital & other | $114M | −$22.8M | $136M | — |
| Operating cash flow | $195M | $145M | $49.4M | +34% |
| Free cash flow (OCF − capex) | $192M | $142M | $49.9M | +35% |
| Capital expenditures | $2.3M | $2.8M | −$498K | -18% |
Questions
How much did RLI's revenue grow quarter over quarter in Q3 2026?
RLI's revenue fell $98.6M (-17%) from $576M in Q2 2026 to $477M in Q3 2026. Operating margin 21.6% against 36.1% (-14.4 pts).