Filing Flows › Safety Insurance Group (SAFT) › Q3 2026
Safety Insurance Group (SAFT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Safety Insurance Group (SAFT) reported revenue of $328M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and +0.6% from the quarter before. Operating margin was 11.7%, net earnings $30.0M (9.2% of revenue).
Safety Insurance Group, Q3 2026: revenue $328M (+0.4% year over year), operating margin 11.7%, net earnings $30.0M, operating cash flow $57.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $328M | +0.6% | +0.4% |
| Operating profit | $38.4M | -12% | +6% |
| Net earnings | $30.0M | -13% | +6% |
| Operating cash flow | $57.7M | +51% | -32% |
| Free cash flow | $56.7M | +50% | -34% |
What changed
Revenue was $327.8M in Q3 2026, roughly flat year over year and up 1% from the previous quarter.
Operating profit was $38.4M, a 11.7% margin (up 0.6 points year over year). Of the extra revenue versus Q3 2025, 190% reached operating profit, above the 11% margin then. Total costs fell 0% while revenue was flat. Net earnings were $30.0M, up 6% year over year. The effective tax rate was 21.8%.
Operating cash flow was $57.7M (down 32% year over year), 192% of net earnings. Non-cash charges added back $1.4M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $25.0M. Capital expenditures of $1.0M left free cash flow of $56.7M.
Questions
What was Safety Insurance Group's revenue in the third quarter 2026?
Safety Insurance Group (SAFT) reported revenue of $328M for the third quarter 2026 (Q3 2026), +0.4% from a year earlier and +0.6% from the quarter before.
Was Safety Insurance Group profitable in the third quarter 2026?
Operating profit was $38.4M (11.7% of revenue) and net earnings $30.0M.