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Accelerant Holdings (ARX)
NYSE: ARX · Real-Time Price · USD
12.90
-0.46 (-3.44%)
At close: Apr 1, 2026, 4:00 PM EDT
12.90
0.00 (0.00%)
After-hours: Apr 1, 2026, 7:00 PM EDT

Net Premiums Written

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Direct Written Premiums
2.95B2.64B
Direct Written Premiums Growth
11.56%64.15%
Assumed Written Premiums
432.30M266.30M
Assumed Written Premiums Growth
62.34%197.54%
Ceded Written Premiums
-3.02B-2.65B

Net Premiums Earned

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Direct Earned Premiums
2.75B2.10B
Direct Earned Premiums Growth
30.49%61.27%
Assumed Earned Premiums
344.70M127.90M
Assumed Earned Premiums Growth
169.51%758.39%
Ceded Earned Premiums
-2.79B-2.01B

Revenue Breakdown

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Exchange Services Revenues
334.90M222.70M
Exchange Services Revenues Growth
50.38%80.62%
MGA Operations Revenue
249.10M149.70M
MGA Operations Revenue Growth
66.40%33.54%
Underwriting Revenue
430.90M341.10M
Underwriting Revenue Growth
26.33%69.45%
Corporate and Other Revenue
15.60M20.70M
Corporate and Other Revenue Growth
-24.64%239.34%
Eliminations from Revenue
-117.60M-131.60M
Revenue (Total)
912.90M602.60M
Revenue (Total) Growth
51.49%75.17%

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
North America Revenue
510.40M399.20M
North America Revenue Growth
27.86%97.72%
UK and EU Revenue
402.50M203.40M
UK and EU Revenue Growth
97.89%43.14%
Revenue (Total)
912.90M602.60M
Revenue (Total) Growth
51.49%75.17%

Revenue Breakdown 2

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Ceding Commission Income
356.80M249.50M
Ceding Commission Income Growth
43.01%51.95%
Direct Commission Income
162.00M66.70M
Direct Commission Income Growth
142.88%77.39%
Net Earned Premiums
298.10M226.60M
Net Earned Premiums Growth
31.55%115.60%
Net Investment Income
48.70M38.90M
Net Investment Income Growth
25.19%101.55%
Net Realized Gains on Investments
7.90M1.90M
Net Realized Gains on Investments Growth
315.79%280.00%
Net Unrealized (Losses) Gains on Investments
39.40M19.00M
Net Unrealized (Losses) Gains on Investments Growth
107.37%9.83%
Revenue (Total)
912.90M602.60M
Revenue (Total) Growth
51.49%75.17%

Adjusted EBITDA

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Exchange Services Adjusted EBITDA
224.50M157.70M
Exchange Services Adjusted EBITDA Growth
42.36%81.06%
MGA Operations Adjusted EBITDA
112.60M44.10M
MGA Operations Adjusted EBITDA Growth
155.33%40.00%
Underwriting Adjusted EBITDA
57.40M-20.90M
Corporate and Other Adjusted EBITDA
-65.20M-15.80M
Eliminations from Adjusted EBITDA
-47.50M-52.10M
Operating Income (Total)
-1.31B44.10M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18
Number of Independent Members
234.00M170.00M
Number of Independent Members Growth
37.65%49.12%
Number of Mission Members
31.00M30.00M
Number of Mission Members Growth
3.33%20.00%
Number of Owned Members
15.00M17.00M
Number of Owned Members Growth
-11.77%6.25%
Total Number of Members
280.00M217.00M
Total Number of Members Growth
29.03%40.00%
Number of MGA Operations Members
46.00M47.00M
Number of MGA Operations Members Growth
-2.13%14.63%
Net Revenue Retention
126.00%153.00%
Accelerant Direct Written Premium
70.00%84.00%
Third-Party Direct Written Premium
30.00%16.00%
Accelerant-Retained Exchange Premium
9.00%8.00%
Independent Members - Exchange Written Premium
2.98B2.18B
Independent Members - Exchange Written Premium Growth
36.54%90.21%
Mission Members - Exchange Written Premium
773.70M530.50M
Mission Members - Exchange Written Premium Growth
45.84%70.25%
Owned Members - Exchange Written Premium
440.10M397.50M
Owned Members - Exchange Written Premium Growth
10.72%20.67%
Total Exchange Written Premium
4.19B3.11B
Total Exchange Written Premium Growth
34.82%73.92%
Net Loss Ratio - Underwriting
68.40%73.80%
LTM Take Rate - Exchange Services
7.90%-
LTM Net Commission - MGA Operations
17.80%-
LTM Fees & Net Underwriting Result
3.70%-
Updated Mar 18, 2026. Data Source: Fiscal.ai.