Filing Flows › Hanover Insurance Group (THG) › Q3 2026 › vs Q2 2026
Hanover Insurance Group (THG) Q3 2026 vs Q2 2026 (quarter over quarter)
Hanover Insurance Group's revenue rose $9.3M (+0.5%) from $1.7B in Q2 2026 to $1.7B in Q3 2026. Operating margin 14.1% against 14.6% (-0.5 pts).
Hanover Insurance Group, Q3 2026: revenue $1.7B (+4% year over year), operating margin 14.1%, net earnings $173M, operating cash flow $520M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 14.1% | 14.6% | -0.5 pts |
| Net margin | 9.9% | 11.1% | -1.2 pts |
| Free cash flow margin | 29.8% | 12.1% | +17.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $9.3M | +0.5% |
| Operating profit | $244M | $252M | −$7.5M | -3% |
| Costs & expenses | $1.5B | $1.5B | $16.8M | +1% |
| Pre-tax earnings | $220M | $245M | −$24.3M | -10% |
| Other expense, net | $24.1M | $7.3M | $16.8M | +230% |
| Net earnings | $173M | $192M | −$19.0M | -10% |
| Income tax | $48.0M | $53.2M | −$5.2M | -10% |
| Share-based compensation | $12.3M | $11.5M | $800K | +7% |
| Working capital & other | $335M | $9.2M | $326M | 36× |
| Operating cash flow | $520M | $212M | $308M | +145% |
| Free cash flow (OCF − capex) | $518M | $209M | $309M | +147% |
| Capital expenditures | $1.8M | $2.9M | −$1.1M | -38% |
Questions
How much did Hanover Insurance Group's revenue grow quarter over quarter in Q3 2026?
Hanover Insurance Group's revenue rose $9.3M (+0.5%) from $1.7B in Q2 2026 to $1.7B in Q3 2026. Operating margin 14.1% against 14.6% (-0.5 pts).