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Selective Insurance Group (SIGI) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 24, 2026

Selective Insurance Group (SIGI) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +6% from a year earlier and -0.4% from the quarter before. Operating margin was 9.1%, net earnings $97.7M (7.2% of revenue).

Revenue$1.4B
Year over year+6%
Quarter over quarter-0.4%
Operating margin9.1%
Net earnings$97.7M

Selective Insurance Group, Q1 2026: revenue $1.4B (+6% year over year), operating margin 9.1%, net earnings $97.7M, operating cash flow $221M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.4B-0.4%+6%
Operating profit$124M-37%-11%
Net earnings$97.7M-37%-11%
Operating cash flow$221M-41%-22%
Free cash flow$211M-43%-22%

What changed

Revenue was $1.4B in Q1 2026, up 6% year over year and roughly flat from the previous quarter.

Operating profit was $0.12B, a 9.1% margin (down 1.7 points year over year). Operating profit fell $0.01B even though revenue rose $0.07B versus Q1 2025, so costs grew faster than sales. Total costs grew 8% against revenue growth of 6%. Net earnings were $0.10B, down 11% year over year. The effective tax rate was 21.4%.

Operating cash flow was $0.22B (down 22% year over year), 227% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.10B. Capital expenditures of $0.01B left free cash flow of $0.21B.

Questions

What was Selective Insurance Group's revenue in the first quarter 2026?

Selective Insurance Group (SIGI) reported revenue of $1.4B for the first quarter 2026 (Q1 2026), +6% from a year earlier and -0.4% from the quarter before.

Was Selective Insurance Group profitable in the first quarter 2026?

Operating profit was $124M (9.1% of revenue) and net earnings $97.7M.

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Source: Selective Insurance Group 10-Q on SEC EDGAR.