Filing Flows › Safety Insurance Group (SAFT) › Q2 2026
Safety Insurance Group (SAFT) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Safety Insurance Group (SAFT) reported revenue of $326M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before. Operating margin was 13.4%, net earnings $34.5M (10.6% of revenue).
Safety Insurance Group, Q2 2026: revenue $326M (+3% year over year), operating margin 13.4%, net earnings $34.5M, operating cash flow $38.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $326M | +4% | +3% |
| Operating profit | $43.8M | — | +19% |
| Net earnings | $34.5M | — | +19% |
| Operating cash flow | $38.3M | — | +19% |
| Free cash flow | $37.7M | — | +17% |
What changed
Revenue was $325.7M in Q2 2026, up 3% year over year and up 4% from the previous quarter.
Operating profit was $43.8M, a 13.4% margin (up 1.8 points year over year). Of the extra revenue versus Q2 2025, 74% reached operating profit, above the 12% margin then. Total costs grew 1% against revenue growth of 3%. Net earnings were $34.5M, up 19% year over year. The effective tax rate was 21.1%.
Operating cash flow was $38.3M (up 19% year over year), 111% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.3M of share-based compensation. Capital expenditures of $627K left free cash flow of $37.7M.
Questions
What was Safety Insurance Group's revenue in the second quarter 2026?
Safety Insurance Group (SAFT) reported revenue of $326M for the second quarter 2026 (Q2 2026), +3% from a year earlier and +4% from the quarter before.
Was Safety Insurance Group profitable in the second quarter 2026?
Operating profit was $43.8M (13.4% of revenue) and net earnings $34.5M.