Accelerant Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	855.2	602.6	344	219	100.6
Revenue Growth (YoY)	65.51%	75.17%	57.08%	117.69%	-
Cost of Revenue	203	167.3	80.3	99.5	32.5
Gross Profit	652.2	435.3	263.7	119.5	68.1
Selling, General & Admin	398.8	308.9	219.1	150.6	72.7
Depreciation & Amortization Expenses	36.1	26.6	14.5	5.8	1.7
Research & Development	3	13.4	8.5	8.2	2.2
Other Operating Expenses	101	47.4	51.1	33.6	7.6
Total Operating Expenses	538.9	396.3	293.2	198.2	84.2
Operating Income	113.3	39	-29.5	-78.7	-16.1
Interest Expense	-10.7	-12.1	-10.9	-4.2	-2.9
Other Non-Operating Income (Expense)	-1,351	5.1	-3.5	-1.4	-6.1
Total Non-Operating Income (Expense)	-1,362	-7	-14.4	-5.6	-9
Pretax Income	-1,308	32	-43.9	-84.3	-20.1
Provision for Income Taxes	-28.8	-9.1	-20.2	-11.3	-4.3
Net Income	-1,410	27.2	-48.8	-91.7	-21.5
Minority Interest in Earnings	7.4	-4.3	-15.3	-3.9	-2.9
Net Income Attributable to Preferred Dividends	70.9	-	-	-	-
Net Income to Common	-1,410	27.2	-48.8	-91.7	-21.5
Shares Outstanding (Basic)	210	200	166	166	2
Shares Outstanding (Diluted)	204	200	166	166	2
Shares Change (YoY)	-33.03%	20.57%	-	8266.90%	-
EPS (Basic)	-6.61	0.33	-0.11	-0.38	-10.86
EPS (Diluted)	-6.62	0.33	-0.11	-0.38	-10.86
Free Cash Flow	625	785.7	290	67.5	112.7
Free Cash Flow Growth	-20.45%	170.93%	329.63%	-40.11%	-
Free Cash Flow Per Share	3.53	3.94	1.75	0.41	56.94
Gross Margin	76.26%	72.24%	76.66%	54.57%	67.69%
Operating Margin	13.25%	6.47%	-8.58%	-35.94%	-16.00%
Profit Margin	-155.65%	3.80%	-18.63%	-43.65%	-24.25%
FCF Margin	73.08%	130.38%	84.30%	30.82%	112.03%
EBITDA	149.4	65.6	-15	-72.9	-14.5
EBITDA Margin	17.47%	10.89%	-4.36%	-33.29%	-14.41%
EBIT	113.3	39	-29.5	-78.7	-16.1
EBIT Margin	13.25%	6.47%	-8.58%	-35.94%	-16.00%
Effective Tax Rate	2.20%	-28.44%	46.01%	13.40%	21.39%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q