Filing Flows › RLI (RLI) › Q3 2026 › vs Q3 2025
RLI (RLI) Q3 2026 vs Q3 2025 (year over year)
RLI's revenue fell $32.3M (-6%) from $509M in Q3 2025 to $477M in Q3 2026. Operating margin 21.6% against 30.6% (-8.9 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 21.6% | 30.6% | -8.9 pts |
| Net margin | 17.0% | 24.5% | -7.5 pts |
| Free cash flow margin | 40.3% | 34.9% | +5.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $477M | $509M | −$32.3M | -6% |
| Operating profit | $103M | $156M | −$52.5M | -34% |
| Costs & expenses | $374M | $354M | $20.2M | +6% |
| Pre-tax earnings | $100M | $157M | −$57.2M | -36% |
| Other expense, net | $3.1M | −$1.5M | $4.7M | — |
| Net earnings | $81.0M | $125M | −$43.6M | -35% |
| Income tax | $19.1M | $32.6M | −$13.6M | -42% |
| Working capital & other | $114M | $54.6M | $59.0M | +108% |
| Operating cash flow | $195M | $179M | $15.4M | +9% |
| Free cash flow (OCF − capex) | $192M | $178M | $14.5M | +8% |
| Capital expenditures | $2.3M | $1.4M | $918K | +67% |
Questions
How much did RLI's revenue grow year over year in Q3 2026?
RLI's revenue fell $32.3M (-6%) from $509M in Q3 2025 to $477M in Q3 2026. Operating margin 21.6% against 30.6% (-8.9 pts).