AH

Accelerant Holdings

ARXยทNYSE

$14.61

-1.9%
Financial ServicesInsurance - Brokers

Accelerant Holdings, together with its subsidiaries, operate a data-driven risk exchange that connects selected specialty insurance underwriters with risk capital partners. The Exchange Services segment consists of risk exchange, its operating platform that incorporates various technology, data ingestion, and agency operations that serve the needs of its members and risk capital partners. Its Risk capital partners write premiums directly through the Risk Exchange pay us a fixed-percentage, volume-based fee for sourcing, managing, and monitoring the business they write. The MGA Operations segment includes the fees earned by members, predominantly for originating and underwriting a portfolio of insurance policies, reduced by the expenses associated with providing services. The Underwriting segment is involved in underwriting insurance policies and assumption of reinsurance policies issued or accepted by consolidated insurance companies. Its Underwriting segment is a strategic asset that enables access to portfolio for current and prospective risk capital partners. The activities of insurance companies include property and casualty insurance, policy issuance, and reinsurance arrangements. The company focuses on small-to-medium sized commercial clients primarily in the United States, Europe, Canada, and the United Kingdom. The company was founded in 2018 and is based in Grand Cayman, the Cayman Islands.

At a Glance

Live Snapshot
Market Cap$3.19B
EPS-7.4900
P/E Ratio-1.95
Earnings Date07/17/2026
3Y+313.0%
5Y+752.0%
10Y+752.0%
3Y+1377.0%
5Y+6198.0%
10Y+6198.0%
3Y+577.0%
5Y+295.0%
10Y+295.0%
AH

Accelerant Holdings Profit Bridge

ARX ยท NYSE
Revenue879.50M
Cost of Goods Sold (284.30M)
Gross Profit595.20M
Operating Expenses (1.92B)
Operating Income-1.32B
Interest Expense (69.00M)
Other Income/Expense0.00
Pretax Income-1.32B
Income Tax (23.30M)
Net Income-1.35B
Net Income
-1.35B

Profitability Analysis

Gross Margin

67.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-150.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-154.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Accelerant Holdings Income Statement

ARX โ€ข NYSE

Accelerant Holdings Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
REVENUE
879.5M
597.7M
329.7M
213.1M
103.2M
GROSS PROFIT
(284.3M)
(248.7M)
(130.2M)
(134.5M)
(39.7M)
595.2M
349M
199.5M
78.6M
63.5M
OPERATING INCOME
(1.9B)
(317M)
(243.4M)
(162.9M)
(83.5M)
(428.1M)
(262.4M)
(198.7M)
(121.2M)
(65.5M)
-1.3B
32M
-43.9M
-84.3M
-20M
PRE-TAX INCOME
(69M)
(32.4M)
(15.1M)
(4.2M)
(2.9M)
10M
18.1M
5.8M
-2.2M
-2.7M
(1.5B)
(54.6M)
(44.7M)
(41.7M)
(18M)
-1.3B
32M
-43.9M
-84.3M
-20M
NET INCOME
(23.3M)
(9.1M)
(20.2M)
(11.3M)
(4.3M)
-1.4B
27.2M
-48.8M
-91.7M
-21.5M

SEC Filings

ARX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 29, 2026
May 29, 2026
2026
8-K

8-K 2026

N/A

May 13, 2026
May 13, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 13, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 30, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

March 18, 2026
March 13, 2026
2026
10-K

10-K 2025 FY

FY

March 18, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 27, 2026
February 26, 2026
2026
8-K

8-K 2026

N/A

February 27, 2026
February 27, 2026
2026
8-K

8-K 2025

N/A

November 12, 2025
November 12, 2025
2025
Showing 1 to 10 of 16 filings