Filing Flows › White Mountains Insurance Group (WTM) › Q3 2026 › vs Q2 2026
White Mountains Insurance Group (WTM) Q3 2026 vs Q2 2026 (quarter over quarter)
White Mountains Insurance Group's revenue fell $204M (-24%) from $845M in Q2 2026 to $641M in Q3 2026.
White Mountains Insurance Group, Q3 2026: revenue $641M (-26% year over year), operating margin -3.6%, net loss $29.6M, operating cash flow $357M. The chart draws each line against Q2 2026, the increases inside each band.
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $641M | $845M | −$204M | -24% |
| Net loss | $29.6M | −$231M | $261M | — |
| Costs & expenses | $671M | $845M | −$174M | -21% |
| Operating costs | $664M | $589M | $75.7M | +13% |
| Income tax | $6.4M | $24.8M | −$18.4M | -74% |
| Cost of revenue | $91.8M | $80.1M | $11.7M | +15% |
| General & admin | $142M | $143M | −$1.7M | -1% |
| Other operating costs | $431M | $365M | $65.7M | +18% |
| Operating cash sources | $386M | −$287M | $673M | — |
| Depreciation & amortization | $11.7M | $9.2M | $2.5M | +27% |
| Share-based compensation | $5.4M | $5.4M | $0 | 0% |
| Working capital & other | $369M | −$301M | $670M | — |
| Net loss absorbed | $29.6M | −$231M | $261M | — |
| Operating cash flow | $357M | −$55.5M | $412M | — |
Questions
How much did White Mountains Insurance Group's revenue grow quarter over quarter in Q3 2026?
White Mountains Insurance Group's revenue fell $204M (-24%) from $845M in Q2 2026 to $641M in Q3 2026.