Filing Flows › United Fire Group (UFCS) › Q3 2025
United Fire Group (UFCS) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 5, 2025
United Fire Group (UFCS) reported revenue of $354M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +6% from the quarter before. Operating margin was 13.7%, net earnings $39.2M (11.1% of revenue).
United Fire Group, Q3 2025: revenue $354M (+10% year over year), operating margin 13.7%, net earnings $39.2M, operating cash flow $60.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $354M | +6% | +10% |
| Operating profit | $48.7M | +67% | +95% |
| Net earnings | $39.2M | +71% | +98% |
| Operating cash flow | $60.8M | +14% | +8% |
What changed
Revenue was $354.0M in Q3 2025, up 10% year over year and up 6% from the previous quarter.
Operating profit was $48.7M, a 13.7% margin (up 6.0 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 8% margin then. Total costs grew 2% against revenue growth of 10%. Net earnings were $39.2M, up 98% year over year. The effective tax rate was 19.5%.
Operating cash flow was $60.8M (up 8% year over year), 155% of net earnings. Non-cash charges added back $2.8M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $16.5M.
Questions
What was United Fire Group's revenue in the third quarter 2025?
United Fire Group (UFCS) reported revenue of $354M for the third quarter 2025 (Q3 2025), +10% from a year earlier and +6% from the quarter before.
Was United Fire Group profitable in the third quarter 2025?
Operating profit was $48.7M (13.7% of revenue) and net earnings $39.2M.
Source: United Fire Group 10-Q on SEC EDGAR.