Filing Flows › Safety Insurance Group (SAFT) › How it makes money
How Safety Insurance Group (SAFT) makes money
Safety Insurance Group (SAFT) made $328M of revenue in the third quarter 2026 (Q3 2026), +0.4% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 9¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $328M | 100.0% |
| Operating profit | $38.4M | 11.7% |
| Income tax | $8.4M | 2.6% |
| Net earnings | $30.0M | 9.2% |
| Operating cash flow | $57.7M | 17.6% |
| Free cash flow | $56.7M | 17.3% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $328M | +0.4% |
| Q2 2026 | $326M | +3% |
| Q1 2026 | $315M | +4% |
| Q4 2025 | $319M | +11% |
| Q3 2025 | $327M | +11% |
| Q2 2025 | $316M | +17% |
| Q1 2025 | $301M | +12% |
From Safety Insurance Group's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does Safety Insurance Group make money?
Safety Insurance Group (SAFT) made $328M of revenue in the third quarter 2026 (Q3 2026), +0.4% from a year earlier. Of every dollar of revenue, 12¢ was left as operating profit, 9¢ was left as net earnings.
What is Safety Insurance Group's profit margin?
Net earnings were $30.0M, 9.2% of revenue, in the third quarter 2026; the operating margin was 11.7%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.