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Filing Flows › Hanover Insurance Group (THG) › Q2 2026 › vs Q1 2026

Hanover Insurance Group (THG) Q2 2026 vs Q1 2026 (quarter over quarter)

Hanover Insurance Group's revenue rose $24.8M (+1%) from $1.7B in Q1 2026 to $1.7B in Q2 2026. Operating margin 14.6% against 14.7% (-0.1 pts).

Hanover Insurance Group, Q2 2026: revenue $1.7B (+4% year over year), operating margin 14.6%, net earnings $192M, operating cash flow $212M. The chart draws each line against Q1 2026, the increases inside each band.

Hanover Insurance Group: what changed, Q2 2026 vs Q1 2026Hanover Insurance Group: what changed, Q2 2026 vs Q1 2026Free cash flow (OCF − capex)$94.1MOperating cash flow$93.5MWorking capital & other$83.8MCosts & expenses$23.1MPre-tax earnings$7.5MOther expense, net−$5.8MShare-based compensation$4.9MNet earnings$4.8MIncome tax$2.9MOperating profit$1.7M

Margins

Q2 2026Q1 2026Change
Operating margin14.6%14.7%-0.1 pts
Net margin11.1%11.0%+0.1 pts
Free cash flow margin12.1%6.8%+5.4 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$1.7B$1.7B$24.8M+1%
Operating profit$252M$250M$1.7M+0.7%
Costs & expenses$1.5B$1.5B$23.1M+2%
Pre-tax earnings$245M$237M$7.5M+3%
Other expense, net$7.3M$13.1M−$5.8M-44%
Net earnings$192M$187M$4.8M+3%
Income tax$53.2M$50.3M$2.9M+6%
Share-based compensation$11.5M$6.6M$4.9M+74%
Working capital & other$9.2M−$74.6M$83.8M—
Operating cash flow$212M$119M$93.5M+79%
Free cash flow (OCF − capex)$209M$115M$94.1M+82%
Capital expenditures$2.9M$3.5M−$600K-17%

Questions

How much did Hanover Insurance Group's revenue grow quarter over quarter in Q2 2026?

Hanover Insurance Group's revenue rose $24.8M (+1%) from $1.7B in Q1 2026 to $1.7B in Q2 2026. Operating margin 14.6% against 14.7% (-0.1 pts).

Q2 2026 results → · Compare in the interactive Sankey →