Filing Flows › Renaissancere Holdings (RNR) › Q2 2025
Renaissancere Holdings (RNR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 24, 2025
Renaissancere Holdings (RNR) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +13% from a year earlier and -8% from the quarter before. Operating margin was 41.8%, net earnings $835M (26.1% of revenue).
Renaissancere Holdings, Q2 2025: revenue $3.2B (+13% year over year), operating margin 41.8%, net earnings $835M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | -8% | +13% |
| Operating profit | $1.3B | — | +89% |
| Net earnings | $835M | +391% | +66% |
| Operating cash flow | $1.5B | +831% | +21% |
What changed
Revenue was $3.2B in Q2 2025, up 13% year over year and down 8% from the previous quarter.
Operating profit was $1.3B, a 41.8% margin (up 16.8 points year over year). Of the extra revenue versus a year earlier, 167% reached operating profit, above the 25% margin then. Total costs fell 12% while revenue rose 13%. Net earnings were $0.84B, up 66% year over year. The effective tax rate was 13.2%.
Operating cash flow was $1.5B (up 21% year over year), 126% of net income including minority interests. Non-cash charges added back $0.01B of depreciation and amortization. Working capital and other items added $0.30B.
Questions
What was Renaissancere Holdings' revenue in the second quarter 2025?
Renaissancere Holdings (RNR) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +13% from a year earlier and -8% from the quarter before.
Was Renaissancere Holdings profitable in the second quarter 2025?
Operating profit was $1.3B (41.8% of revenue) and net earnings $835M.