Accelerant Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	912.9	602.6	344	219	100.6
Revenue Growth (YoY)	51.49%	75.17%	57.08%	117.69%	-
Cost of Revenue	204	167.3	80.3	99.5	32.5
Gross Profit	708.9	435.3	263.7	119.5	68.1
Selling, General & Admin	400.4	249.3	182.5	123.8	67.7
Depreciation & Amortization Expenses	35.2	26.6	14.5	5.8	1.7
Other Operating Expenses	1,584	115.3	99.7	70	12.3
Total Operating Expenses	2,020	391.2	296.7	199.6	81.7
Operating Income	-1,311	44.1	-33	-80.1	-13.6
Interest Expense	-10.9	-12.1	-10.9	-4.2	-2.9
Other Non-Operating Income (Expense)	-	-	-	-	-3.6
Total Non-Operating Income (Expense)	-10.9	-12.1	-10.9	-4.2	-6.5
Pretax Income	-1,322	32	-43.9	-84.3	-20.1
Provision for Income Taxes	-23.3	-9.1	-20.2	-11.3	-4.3
Net Income	-1,378	45.4	-8.4	-69.1	-12.9
Minority Interest in Earnings	8.9	-4.3	-15.3	-3.9	-2.9
Net Income Attributable to Preferred Dividends	70.9	-	-	-	-
Net Income to Common	-1,378	45.4	-8.4	-69.1	-12.9
Shares Outstanding (Basic)	190	166	166	166	166
Shares Outstanding (Diluted)	190	200	166	166	166
Shares Change (YoY)	-4.71%	20.57%	-	-	-
EPS (Basic)	-7.49	0.16	-0.29	-0.55	-0.13
EPS (Diluted)	-7.49	0.14	-0.29	-0.55	-0.13
Shares Outstanding	221.82	166.19	165.6	165.6	165.6
Free Cash Flow	445.1	785.7	290	67.5	112.7
Free Cash Flow Growth	-43.35%	170.93%	329.63%	-40.11%	-
Free Cash Flow Per Share	2.34	3.94	1.75	0.41	0.68
Gross Margin	77.65%	72.24%	76.66%	54.57%	67.69%
Operating Margin	-143.61%	7.32%	-9.59%	-36.58%	-13.52%
Profit Margin	-142.25%	6.82%	-6.89%	-33.33%	-15.71%
FCF Margin	48.76%	130.38%	84.30%	30.82%	112.03%
EBITDA	-1,276	70.7	-18.5	-74.3	-12
EBITDA Margin	-139.75%	11.73%	-5.38%	-33.93%	-11.93%
EBIT	-1,311	44.1	-33	-80.1	-13.6
EBIT Margin	-143.61%	7.32%	-9.59%	-36.58%	-13.52%
Effective Tax Rate	1.76%	-28.44%	46.01%	13.40%	21.39%

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q