NYSE$ARX

Accelerant Holdings · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Accelerant reported Q1 2026 total revenue of $273.3M with a GAAP net loss of $4.1M and adjusted net income of $37.7M.

For the quarter ended March 31, 2026, Accelerant reported total revenues of $273.3 million (+54% YoY). GAAP net loss was $4.1 million versus net income of $7.8 million a year ago, reflecting higher share-based compensation and other expenses. Adjusted net income was $37.7 million and adjusted EBITDA $66.1 million (24% margin on operating revenues).

  • Total revenue $273.3M (+54% YoY).
  • Adjusted EBITDA $66.1M; adjusted net income $37.7M.
  • GAAP net loss $4.1M on $32.1M share-based compensation.
  • Exchange written premium growth across Member network.

Headline financials

Total Revenue

$273M

No prior period
EPS

-$0.02

No prior period
Net Income

-$4.1M

No prior period
Operating Income

$24.1M

No prior period
Gross Profit

$158M

No prior period
Cash & Equivalents

$1.45B

No prior period
Total Assets

$8.6B

No prior period

Revenue & EPS history

Accelerant Holdings · Revenue · Quarterly

$273M

Q1 2026
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

No numeric group EPS guide; management emphasizes Risk Capital Partner expansion and Exchange Services fee growth.

Tailwinds

  • Strong top-line and adjusted EBITDA growth.
  • Adjusted EBITDA margin 24% on operating revenues.

Headwinds

  • GAAP loss from elevated stock compensation and M&A-related costs.
  • Investment fair-value volatility can swing reported net income.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 1 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-2.0%

Avg return

Earnings day

+10.6%

Avg return

5 days after

-12.7%

Avg return

30 days after

50%

1 / 2 earnings

Positive

+2.8%

Q3 2025

Best reaction

-6.9%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-6.9%+18.3%-3.7%
Q3 2025+2.8%+2.8%-21.7%
Q2 2025

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