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SiriusPoint (SPNT) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 29, 2026

SiriusPoint (SPNT) reported revenue of $744M for the second quarter 2026 (Q2 2026), -0.5% from a year earlier and -4% from the quarter before. Operating margin was 11.3%, net earnings $68.5M (9.2% of revenue).

Revenue$744M
Year over year-0.5%
Quarter over quarter-4%
Operating margin11.3%
Net earnings$68.5M

SiriusPoint, Q2 2026: revenue $744M (-0.5% year over year), operating margin 11.3%, net earnings $68.5M, operating cash flow −$5.2M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$744M-4%-0.5%
Operating profit$84.3M-31%+13%
Net earnings$68.5M-33%+8%
Operating cash flow−$5.2M-104%-108%

What changed

Revenue was $744.1M in Q2 2026, down 1% year over year and down 4% from the previous quarter.

Operating profit was $84.3M, a 11.3% margin (up 1.3 points year over year). Total costs fell 2% while revenue fell 1%. Net earnings were $68.6M, up 9% year over year. The effective tax rate was 18.7%.

Operating cash flow was −$5.2M. Non-cash charges added back $5.9M of share-based compensation. Working capital and other items used $79.6M.

Questions

What was SiriusPoint's revenue in the second quarter 2026?

SiriusPoint (SPNT) reported revenue of $744M for the second quarter 2026 (Q2 2026), -0.5% from a year earlier and -4% from the quarter before.

Was SiriusPoint profitable in the second quarter 2026?

Operating profit was $84.3M (11.3% of revenue) and net earnings $68.5M.

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Source: SiriusPoint 10-Q on SEC EDGAR.