Filing Flows › Renaissancere Holdings (RNR) › Q1 2025
Renaissancere Holdings (RNR) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 24, 2025
Renaissancere Holdings (RNR) reported revenue of $3.5B for the first quarter 2025 (Q1 2025), +34% from a year earlier and +51% from the quarter before. Operating margin was -2.0%, net loss $25.3M (0.7% of revenue).
Renaissancere Holdings, Q1 2025: revenue $3.5B (+34% year over year), operating margin -2.0%, net loss $25.3M, operating cash flow $158M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +51% | +34% |
| Operating profit | −$70.8M | — | — |
| Net earnings | −$25.3M | — | — |
| Operating cash flow | $158M | -80% | -77% |
What changed
Revenue was $3.5B in Q1 2025, up 34% year over year and up 51% from the previous quarter.
Operating costs exceeded revenue by $0.07B, an operating margin of -2.0%. Total costs grew 80% against revenue growth of 34%. The fastest-growing cost line was Other operating costs (+83%). The quarter ended with a net loss of $0.03B, wider than the previous quarter's $0.02B loss. Minority interests bore $0.20B of it: to shareholders the quarter was a profit of $0.17B.
Operating cash flow was $0.16B (down 77% year over year). Non-cash charges added back $3.7M of depreciation and amortization. Working capital and other items added $0.18B.
Questions
What was Renaissancere Holdings' revenue in the first quarter 2025?
Renaissancere Holdings (RNR) reported revenue of $3.5B for the first quarter 2025 (Q1 2025), +34% from a year earlier and +51% from the quarter before.
Was Renaissancere Holdings profitable in the first quarter 2025?
Operating loss was $70.8M (-2.0% of revenue) and net loss $25.3M.