Filing Flows › White Mountains Insurance Group (WTM) › Q3 2026 › vs Q3 2025
White Mountains Insurance Group (WTM) Q3 2026 vs Q3 2025 (year over year)
White Mountains Insurance Group's revenue fell $223M (-26%) from $864M in Q3 2025 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 Q3 2025, the increases inside each band.
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $641M | $864M | −$223M | -26% |
| Net loss | $29.6M | −$162M | $191M | — |
| Costs & expenses | $671M | $864M | −$194M | -22% |
| Operating costs | $664M | $685M | −$21.1M | -3% |
| Income tax | $6.4M | $17.1M | −$10.7M | -63% |
| Cost of revenue | $91.8M | $55.3M | $36.5M | +66% |
| General & admin | $142M | $169M | −$27.4M | -16% |
| Other operating costs | $431M | $461M | −$30.2M | -7% |
| Operating cash sources | $386M | $198M | $189M | +95% |
| Depreciation & amortization | $11.7M | $2.3M | $9.4M | +409% |
| Share-based compensation | $5.4M | $4.9M | $500K | +10% |
| Working capital & other | $369M | $190M | $179M | +94% |
| Net loss absorbed | $29.6M | −$162M | $191M | — |
| Operating cash flow | $357M | $359M | −$2.7M | -0.8% |
Questions
How much did White Mountains Insurance Group's revenue grow year over year in Q3 2026?
White Mountains Insurance Group's revenue fell $223M (-26%) from $864M in Q3 2025 to $641M in Q3 2026.