Ategrity Specialty Insurance Company Holdings (ASIC)

ASIC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023
Net Premiums Earned	388.6	361.7	290.64	231.46
Investment Income	46.52	42.38	24.05	11.37
Net Gains on Investments	26.71	12.65	28.14	-2.27
Total Other Revenues	8.34	7.62	1.01	0.76
Revenue	470.18	424.34	343.83	241.32
Revenue Growth (YoY)	34.00%	23.41%	42.48%	-
Insurance Benefits & Claims	227.17	212.15	175.23	154.11
Policy Amortization Costs	120.7	113.31	98.57	72.16
Operating Income	122.31	98.88	70.03	15.05
Interest Expense	-0.92	-1.36	-2.04	-2.24
Other Non-Operating Income (Expense)	-1.94	-1.61	-1.73	-0.2
Total Non-Operating Income (Expense)	-2.86	-2.97	-3.77	-2.43
Pretax Income	119.45	95.91	66.26	12.62
Provision for Income Taxes	24.6	19.79	12.32	2.52
Net Income	91.01	74	47.09	10.05
Minority Interest in Earnings	3.85	2.13	6.86	0.06
Net Income to Common	91.01	74	47.09	10.05
Net Income Growth	90.42%	57.15%	368.65%	-
Shares Outstanding (Basic)	47	45	37	32,827
Shares Outstanding (Diluted)	48	46	37	32,828
Shares Change (YoY)	27.50%	26.16%	-99.89%	-
EPS (Basic)	1.94	1.64	1.28	0.32
EPS (Diluted)	1.87	1.58	1.28	0.32
EPS Growth	49.60%	23.44%	300.25%	-
Shares Outstanding	48.07	48.07	38.39	36.23
Free Cash Flow	168.27	147.19	125.61	85.71
Free Cash Flow Growth	14.32%	17.18%	46.56%	-
Free Cash Flow Per Share	3.49	3.18	3.43	0.00
Operating Margin	26.01%	23.30%	20.37%	6.24%
Profit Margin	20.17%	17.94%	15.69%	4.19%
FCF Margin	35.79%	34.69%	36.53%	35.52%
EBITDA	122.31	99.48	70.73	15.28
EBITDA Margin	26.01%	23.44%	20.57%	6.33%
EBIT	122.31	98.88	70.03	15.05
EBIT Margin	26.01%	23.30%	20.37%	6.24%
Effective Tax Rate	20.59%	20.63%	18.59%	19.95%

Updated May 7, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q