Filing Flows › Hanover Insurance Group (THG) › Q1 2026
Hanover Insurance Group (THG) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 30, 2026
Hanover Insurance Group (THG) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +6% from a year earlier and +2% from the quarter before. Operating margin was 14.7%, net earnings $187M (11.0% of revenue).
Hanover Insurance Group, Q1 2026: revenue $1.7B (+6% year over year), operating margin 14.7%, net earnings $187M, operating cash flow $119M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.7B | +2% | +6% |
| Operating profit | $250M | -13% | +34% |
| Net earnings | $187M | -6% | +46% |
| Operating cash flow | $119M | -69% | +205% |
| Free cash flow | $115M | -69% | +211% |
What changed
Revenue was $1.7B in Q1 2026, up 6% year over year and up 2% from the previous quarter.
Operating profit was $0.25B, a 14.7% margin (up 3.1 points year over year). Of the extra revenue versus Q1 2025, 65% reached operating profit, above the 12% margin then. Total costs grew 2% against revenue growth of 6%. Net earnings were $0.19B, up 46% year over year. The effective tax rate was 21.2%.
Operating cash flow was $0.12B (up 205% year over year), 64% of net earnings. Non-cash charges added back $0.01B of share-based compensation. Working capital and other items used $0.07B. Capital expenditures of $3.5M left free cash flow of $0.12B.
Questions
What was Hanover Insurance Group's revenue in the first quarter 2026?
Hanover Insurance Group (THG) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +6% from a year earlier and +2% from the quarter before.
Was Hanover Insurance Group profitable in the first quarter 2026?
Operating profit was $250M (14.7% of revenue) and net earnings $187M.