Filing Flows › United Fire Group (UFCS) › Q4 2025
United Fire Group (UFCS) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 26, 2026
United Fire Group (UFCS) reported revenue of $366M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +3% from the quarter before. Operating margin was 13.2%, net earnings $38.4M (10.5% of revenue).
United Fire Group, Q4 2025: revenue $366M (+10% year over year), operating margin 13.2%, net earnings $38.4M, operating cash flow $120M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $366M | +3% | +10% |
| Operating profit | $48.2M | -1% | +22% |
| Net earnings | $38.4M | -2% | +22% |
| Operating cash flow | $120M | +97% | -23% |
What changed
Revenue was $365.8M in Q4 2025, up 10% year over year and up 3% from the previous quarter.
Operating profit was $48.2M, a 13.2% margin (up 1.3 points year over year). Of the extra revenue versus a year earlier, 27% reached operating profit, above the 12% margin then. Total costs grew 8% against revenue growth of 10%. Net earnings were $38.4M, up 22% year over year. The effective tax rate was 20.4%.
Operating cash flow was $119.8M (down 23% year over year), 312% of net earnings. Non-cash charges added back $3.0M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $75.5M.
Questions
What was United Fire Group's revenue in the fourth quarter 2025?
United Fire Group (UFCS) reported revenue of $366M for the fourth quarter 2025 (Q4 2025), +10% from a year earlier and +3% from the quarter before.
Was United Fire Group profitable in the fourth quarter 2025?
Operating profit was $48.2M (13.2% of revenue) and net earnings $38.4M.
Source: United Fire Group 10-K on SEC EDGAR.