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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	669	542.8	306.9	220	101.2
Other Revenue	21	19	17.3	0.3	-
Revenue	690	561.8	324.2	220.3	101.2
Revenue Growth (YoY)	112.83%	73.29%	47.16%	117.69%	-
Cost of Revenue	269.7	248.7	130.2	134.5	39.7
Gross Profit	420.3	313.1	194	85.8	61.5
Selling, General & Admin	279.6	227.5	169.2	115.6	65.5
Research & Development	13.4	13.4	8.5	8.2	2.2
Other Operating Expenses	36.6	32	46.3	28.8	-
Operating Expenses	368	304.4	243.3	158.4	69.4
Operating Income	52.3	8.7	-49.3	-72.6	-7.9
Interest Expense	-24.2	-19.1	-10.9	-4.2	-2.9
Interest & Investment Income	47.3	38.9	19.3	2.6	-
Currency Exchange Gain (Loss)	-14	5.1	-3.5	-1.4	2.5
Other Non Operating Income (Expenses)	-	-	-	-	-3.6
EBT Excluding Unusual Items	61.4	33.6	-44.4	-75.6	-11.9
Merger & Restructuring Charges	-	-	-	-4.8	-7.6
Gain (Loss) on Sale of Investments	4.2	1.9	0.5	-3.9	-0.6
Asset Writedown	-3.5	-3.5	-	-	-
Pretax Income	62.1	32	-43.9	-84.3	-20.1
Income Tax Expense	11.2	9.1	20.2	11.3	4.3
Earnings From Continuing Operations	50.9	22.9	-64.1	-95.6	-24.4
Minority Interest in Earnings	-6.5	4.3	15.3	3.9	2.9
Net Income	44.4	27.2	-48.8	-91.7	-21.5
Net Income to Common	44.4	27.2	-48.8	-91.7	-21.5
Shares Outstanding (Basic)	2	2	2	2	2
Shares Outstanding (Diluted)	22	2	2	2	2
Shares Change (YoY)	1034.48%	20.57%	-	-	-
EPS (Basic)	20.29	13.71	-24.66	-46.33	-10.86
EPS (Diluted)	1.93	11.40	-24.66	-46.33	-10.86
Gross Margin	60.91%	55.73%	59.84%	38.95%	60.77%
Operating Margin	7.58%	1.55%	-15.21%	-32.95%	-7.81%
Profit Margin	6.44%	4.84%	-15.05%	-41.63%	-21.25%
EBITDA	80.7	31.8	-34.8	-66.8	-6.3
EBITDA Margin	11.70%	5.66%	-10.73%	-30.32%	-6.22%
D&A For EBITDA	28.4	23.1	14.5	5.8	1.6
EBIT	52.3	8.7	-49.3	-72.6	-7.9
EBIT Margin	7.58%	1.55%	-15.21%	-32.95%	-7.81%
Effective Tax Rate	18.04%	28.44%	-	-	-
Revenue as Reported	741.5	602.6	344	219	100.6

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

SEC Filings: 10-K · 10-Q