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Renaissancere Holdings (RNR) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 11, 2026

Renaissancere Holdings (RNR) reported revenue of $3.0B for the fourth quarter 2025 (Q4 2025), +30% from a year earlier and -7% from the quarter before. Operating margin was 42.5%, net earnings $760M (25.6% of revenue).

Revenue$3.0B
Year over year+30%
Quarter over quarter-7%
Operating margin42.5%
Net earnings$760M

Renaissancere Holdings, Q4 2025: revenue $3.0B (+30% year over year), operating margin 42.5%, net earnings $760M, operating cash flow $483M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$3.0B-7%+30%
Operating profit$1.3B-15%—
Net earnings$760M-17%—
Operating cash flow$483M-69%-38%

What changed

Revenue was $3.0B in Q4 2025, up 30% year over year and down 7% from the previous quarter.

Operating profit was $1.3B, a 42.5% margin (up 46.1 points year over year). Total costs fell 28% while revenue rose 30%. Net earnings were $0.76B. The effective tax rate was 9.2%.

Operating cash flow was $0.48B (down 38% year over year), 42% of net income including minority interests. Working capital and other items used $0.66B.

Questions

What was Renaissancere Holdings' revenue in the fourth quarter 2025?

Renaissancere Holdings (RNR) reported revenue of $3.0B for the fourth quarter 2025 (Q4 2025), +30% from a year earlier and -7% from the quarter before.

Was Renaissancere Holdings profitable in the fourth quarter 2025?

Operating profit was $1.3B (42.5% of revenue) and net earnings $760M.

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Source: Renaissancere Holdings 10-K on SEC EDGAR.