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SiriusPoint (SPNT) Q3 2025 earnings results (third quarter 2025)

10-Q filed Oct 30, 2025

SiriusPoint (SPNT) reported revenue of $756M for the third quarter 2025 (Q3 2025), +34% from a year earlier and +1% from the quarter before. Operating margin was 14.7%, net earnings $90.7M (12.0% of revenue).

Revenue$756M
Year over year+34%
Quarter over quarter+1%
Operating margin14.7%
Net earnings$90.7M

SiriusPoint, Q3 2025: revenue $756M (+34% year over year), operating margin 14.7%, net earnings $90.7M, operating cash flow $156M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$756M+1%+34%
Operating profit$111M+48%+899%
Net earnings$90.7M+43%+943%
Operating cash flow$156M+151%+168%

What changed

Revenue was $755.9M in Q3 2025, up 34% year over year and up 1% from the previous quarter.

Operating profit was $110.9M, a 14.7% margin (up 12.7 points year over year). Of the extra revenue versus a year earlier, 52% reached operating profit, above the 2% margin then. Total costs grew 17% against revenue growth of 34%. Net earnings were $90.8M, up 968% year over year. The effective tax rate was 18.2%.

Operating cash flow was $155.6M (up 168% year over year), 172% of net earnings. Non-cash charges added back $11.9M of share-based compensation. Working capital and other items added $53.0M.

Questions

What was SiriusPoint's revenue in the third quarter 2025?

SiriusPoint (SPNT) reported revenue of $756M for the third quarter 2025 (Q3 2025), +34% from a year earlier and +1% from the quarter before.

Was SiriusPoint profitable in the third quarter 2025?

Operating profit was $111M (14.7% of revenue) and net earnings $90.7M.

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Source: SiriusPoint 10-Q on SEC EDGAR.