Filing Flows › Hanover Insurance Group (THG) › Q2 2026 › vs Q2 2025
Hanover Insurance Group (THG) Q2 2026 vs Q2 2025 (year over year)
Hanover Insurance Group's revenue rose $71.8M (+4%) from $1.7B in Q2 2025 to $1.7B in Q2 2026. Operating margin 14.6% against 12.7% (+1.9 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 14.6% | 12.7% | +1.9 pts |
| Net margin | 11.1% | 9.5% | +1.6 pts |
| Free cash flow margin | 12.1% | 12.4% | -0.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $71.8M | +4% |
| Operating profit | $252M | $210M | $42.0M | +20% |
| Costs & expenses | $1.5B | $1.4B | $29.8M | +2% |
| Pre-tax earnings | $245M | $199M | $45.8M | +23% |
| Other expense, net | $7.3M | $11.1M | −$3.8M | -34% |
| Net earnings | $192M | $157M | $34.5M | +22% |
| Income tax | $53.2M | $41.9M | $11.3M | +27% |
| Share-based compensation | $11.5M | $11.2M | $300K | +3% |
| Working capital & other | $9.2M | $38.3M | −$29.1M | -76% |
| Operating cash flow | $212M | $207M | $5.7M | +3% |
| Free cash flow (OCF − capex) | $209M | $205M | $4.5M | +2% |
| Capital expenditures | $2.9M | $1.7M | $1.2M | +71% |
Questions
How much did Hanover Insurance Group's revenue grow year over year in Q2 2026?
Hanover Insurance Group's revenue rose $71.8M (+4%) from $1.7B in Q2 2025 to $1.7B in Q2 2026. Operating margin 14.6% against 12.7% (+1.9 pts).