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
Operating Revenue	748.2	542.8	306.9	220	101.2
Other Revenue	19	19	17.3	0.3	-
Revenue	767.2	561.8	324.2	220.3	101.2
Revenue Growth (YoY)	56.06%	73.29%	47.16%	117.69%	-
Cost of Revenue	280.5	248.7	130.2	134.5	39.7
Gross Profit	486.7	313.1	194	85.8	61.5
Selling, General & Admin	329.7	227.5	169.2	115.6	65.5
Research & Development	13.4	13.4	8.5	8.2	2.2
Other Operating Expenses	46.8	32	46.3	28.8	-
Operating Expenses	430.9	304.4	243.3	158.4	69.4
Operating Income	55.8	8.7	-49.3	-72.6	-7.9
Interest Expense	-1,406	-19.1	-10.9	-4.2	-2.9
Interest & Investment Income	46.4	38.9	19.3	2.6	-
Currency Exchange Gain (Loss)	-6.2	5.1	-3.5	-1.4	2.5
Other Non Operating Income (Expenses)	-	-	-	-	-3.6
EBT Excluding Unusual Items	-1,310	33.6	-44.4	-75.6	-11.9
Merger & Restructuring Charges	-	-	-	-4.8	-7.6
Gain (Loss) on Sale of Investments	41.6	1.9	0.5	-3.9	-0.6
Asset Writedown	-3.5	-3.5	-	-	-
Pretax Income	-1,368	32	-43.9	-84.3	-20.1
Income Tax Expense	28.8	9.1	20.2	11.3	4.3
Earnings From Continuing Operations	-1,396	22.9	-64.1	-95.6	-24.4
Minority Interest in Earnings	-7	4.3	15.3	3.9	2.9
Net Income	-1,403	27.2	-48.8	-91.7	-21.5
Net Income to Common	-1,403	27.2	-48.8	-91.7	-21.5
Shares Outstanding (Basic)	12	2	2	2	2
Shares Outstanding (Diluted)	12	2	2	2	2
Shares Change (YoY)	-91.82%	20.57%	-	-	-
EPS (Basic)	-114.41	13.71	-24.66	-46.33	-10.86
EPS (Diluted)	-114.41	11.40	-24.66	-46.33	-10.86
Gross Margin	63.44%	55.73%	59.84%	38.95%	60.77%
Operating Margin	7.27%	1.55%	-15.21%	-32.95%	-7.81%
Profit Margin	-182.93%	4.84%	-15.05%	-41.63%	-21.25%
EBITDA	88.4	31.8	-34.8	-66.8	-6.3
EBITDA Margin	11.52%	5.66%	-10.73%	-30.32%	-6.22%
D&A For EBITDA	32.6	23.1	14.5	5.8	1.6
EBIT	55.8	8.7	-49.3	-72.6	-7.9
EBIT Margin	7.27%	1.55%	-15.21%	-32.95%	-7.81%
Effective Tax Rate	-	28.44%	-	-	-
Revenue as Reported	855.2	602.6	344	219	100.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q