NYSE$BUR
Burford Capital Ltd · Q4 2025 earnings
Q4 2025 earnings · · Before market open
Briefing
Burford Capital Ltd reported lower fourth quarter 2025 results with reduced capital provision income and a net loss driven by unrealized fair value adjustments and higher finance costs.
In Q4 2025, Burford generated lower revenues compared to the prior year period, with capital provision income declining due to fewer large realizations and higher unrealized losses. The company reported a net loss and negative operating income for the quarter.
- Total revenues were 33412000, down from 93025000 in Q4 2024.
- Capital provision income was 41065000 on a consolidated basis.
- Net loss was 50000000 for Q4 2025.
- Operating loss before other expenses reflected fair value reductions and lower realizations.
Headline financials
Revenue & EPS history
Burford Capital Ltd · Revenue · Quarterly
$33.4M
Forward guidance
The company highlighted continued portfolio growth, strong new business commitments and expectations for future monetization of YPF-related assets, while acknowledging litigation duration risk and fair value volatility.
Tailwinds
- New definitive commitments increased 39% year over year.
- Modeled realizations grew to 5200000000.
- Cash receipts remained strong at 530000000 for FY25.
- Portfolio base expanded 20% year over year.
- YPF-related assets positioned for potential significant recovery.
Headwinds
- Unrealized fair value losses impacted quarterly earnings.
- Extended case durations reduced near-term income.
- Finance costs increased year over year.
- Realizations were lower than prior year due to fewer large wins.
- Net loss reported for Q4 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 5 quarterly earnings reports · overlaid with Q4 2025
-1.3%
Avg return
Earnings day
-2.2%
Avg return
5 days after
-10.3%
Avg return
30 days after
67%
4 / 6 earnings
Positive
+1.7%
Q2 2025
Best reaction
-11.1%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | -12.4% | — | |
| Q4 2025 | -11.1% | -10.8% | -56.8% | |
| Q3 2025 | +0.2% | -4.1% | +2.7% | |
| Q2 2025 | +1.7% | +8.0% | +4.5% | |
| Q1 2025 | +1.3% | +3.2% | -3.7% | |
| Q4 2024 | +0.2% | +2.8% | +1.8% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro