Assured Guaranty Ltd. (AGO) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 261M | 213M | 199M | 278M | 325M | 152M | 252M | 194M | 226M | 282M | 154M | 357M | 230M | 305M | 22M | 77M | 280M | 184M | 191M | 167M |
| Revenue Growth % | -19.69% | 40.13% | -21.03% | 43.3% | 43.81% | -46.1% | 63.64% | -45.66% | -1.74% | -7.54% | 600% | 363.64% | -17.86% | 65.76% | -88.48% | -53.89% | 79.49% | -51.19% | -23.6% | -51.03% |
| Medical Costs & Claims | 24M | 18M | -24M | 33M | 45M | 34M | -46M | 1M | 5M | 6M | 104M | 58M | 7M | 48M | -71M | -8M | 61M | -162M | -65M | -12M |
| Medical Cost Ratio % | 9.2% | 8.45% | -12.06% | 11.87% | 13.85% | 22.37% | -18.25% | 0.52% | 2.21% | 2.13% | 67.53% | 16.25% | 3.04% | 15.74% | -322.73% | -10.39% | 21.79% | -88.04% | -34.03% | -7.19% |
| Gross Profit | 237M | 195M | 223M | 245M | 280M | 118M | 298M | 193M | 221M | 276M | 50M | 299M | 223M | 257M | 93M | 85M | 219M | 346M | 256M | 179M |
| Gross Margin % | 90.8% | 91.55% | 112.06% | 88.13% | 86.15% | 77.63% | 118.25% | 99.48% | 97.79% | 97.87% | 32.47% | 83.75% | 96.96% | 84.26% | 422.73% | 110.39% | 78.21% | 188.04% | 134.03% | 107.19% |
| Gross Profit Growth % | -15.36% | 65.25% | -25.17% | 26.94% | 26.7% | -57.25% | 496% | -35.45% | -0.9% | 7.39% | -46.24% | 251.76% | 1.83% | -25.72% | -63.67% | -52.51% | 78.05% | 15.72% | 47.98% | -40.33% |
| Operating Expenses | 203M | 30M | 88M | 112M | 51M | 88M | 78M | 99M | 77M | 74M | -152M | 155M | 103M | 158M | 115M | 107M | 126M | 14M | 251M | 54M |
| OpEx / Revenue % | 77.78% | 14.08% | 44.22% | 40.29% | 15.69% | 57.89% | 30.95% | 51.03% | 34.07% | 26.24% | -98.7% | 43.42% | 44.78% | 51.8% | 522.73% | 138.96% | 45% | 7.61% | 131.41% | 32.34% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Combined Ratio % | 86.97% | 22.54% | 32.16% | 52.16% | 29.54% | 80.26% | 12.7% | 51.55% | 36.28% | 28.37% | -31.17% | 59.66% | 47.83% | 67.54% | 200% | 128.57% | 66.79% | -80.43% | 97.38% | 25.15% |
| Operating Income | 34M | 165M | 135M | 133M | 229M | 30M | 220M | 94M | 144M | 202M | 202M | 144M | 120M | 99M | -22M | -22M | 93M | 332M | 5M | 125M |
| Operating Margin % | 13.03% | 77.46% | 67.84% | 47.84% | 70.46% | 19.74% | 87.3% | 48.45% | 63.72% | 71.63% | 131.17% | 40.34% | 52.17% | 32.46% | -100% | -28.57% | 33.21% | 180.43% | 2.62% | 74.85% |
| Operating Income Growth % | -85.15% | 450% | -38.64% | 41.49% | 59.03% | -85.15% | 8.91% | -34.72% | 20% | 104.04% | 1018.18% | 754.55% | 29.03% | -70.18% | -540% | -117.6% | 520% | 90.8% | -93.67% | -43.69% |
| EBITDA | 34M | 187M | 157M | 156M | 251M | 53M | 242M | 117M | 167M | 225M | 226M | 166M | 141M | 120M | -2M | -2M | 113M | 352M | 28M | 148M |
| EBITDA Margin % | 13.03% | 87.79% | 78.89% | 56.12% | 77.23% | 34.87% | 96.03% | 60.31% | 73.89% | 79.79% | 146.75% | 46.5% | 61.3% | 39.34% | -9.09% | -2.6% | 40.36% | 191.3% | 14.66% | 88.62% |
| Interest Expense | 22M | 22M | 22M | 23M | 22M | 23M | 22M | 23M | 23M | 23M | 24M | 22M | 21M | 21M | 20M | 20M | 20M | 20M | 23M | 23M |
| Non-Operating Income | 0 | -22M | -22M | -23M | -22M | -23M | -22M | -23M | -23M | -23M | -24M | -22M | -21M | -21M | -20M | -20M | -20M | -20M | -23M | -23M |
| Pretax Income | 65M | 165M | 135M | 133M | 229M | 30M | 220M | 94M | 144M | 202M | 202M | 144M | 120M | 99M | -22M | -22M | 93M | 332M | 5M | 125M |
| Pretax Margin % | 24.9% | 77.46% | 67.84% | 47.84% | 70.46% | 19.74% | 87.3% | 48.45% | 63.72% | 71.63% | 131.17% | 40.34% | 52.17% | 32.46% | -100% | -28.57% | 33.21% | 180.43% | 2.62% | 74.85% |
| Income Tax | -20M | 27M | 21M | 27M | 44M | 8M | 44M | 13M | 31M | -177M | 43M | 18M | 23M | 17M | -27M | 3M | 18M | 50M | -15M | 23M |
| Effective Tax Rate % | -30.77% | 16.36% | 15.56% | 20.3% | 19.21% | 26.67% | 20% | 13.83% | 21.53% | -87.62% | 21.29% | 12.5% | 19.17% | 17.17% | 122.73% | -13.64% | 19.35% | 15.06% | -300% | 18.4% |
| Net Income | 88M | 119M | 105M | 103M | 176M | 18M | 171M | 78M | 109M | 376M | 157M | 125M | 81M | 94M | 11M | -47M | 66M | 263M | 17M | 98M |
| Net Margin % | 33.72% | 55.87% | 52.76% | 37.05% | 54.15% | 11.84% | 67.86% | 40.21% | 48.23% | 133.33% | 101.95% | 35.01% | 35.22% | 30.82% | 50% | -61.04% | 23.57% | 142.93% | 8.9% | 58.68% |
| Net Income Growth % | -50% | 561.11% | -38.6% | 32.05% | 61.47% | -95.21% | 8.92% | -37.6% | 34.57% | 300% | 1327.27% | 365.96% | 22.73% | -64.26% | -35.29% | -147.96% | 500% | 77.7% | -80.23% | -46.45% |
| EPS (Diluted) | 1.91 | 2.41 | 2.11 | 2.08 | 3.44 | 0.35 | 3.17 | 1.42 | 1.89 | 6.45 | 2.60 | 2.08 | 1.34 | 1.52 | 0.08 | -0.39 | 0.98 | 3.74 | 0.22 | 1.29 |
| EPS Growth % | -44.48% | 588.57% | -33.44% | 46.48% | 82.01% | -94.57% | 21.92% | -31.73% | 41.04% | 324.34% | 3170.44% | 633.33% | 36.73% | -59.36% | -63.86% | -130.23% | 600% | 95.81% | -78.43% | -38.57% |
| EPS (Basic) | 1.91 | 2.43 | 2.13 | 2.10 | 3.49 | 0.36 | 3.23 | 1.44 | 1.94 | 6.60 | 2.65 | 2.11 | 1.37 | 1.56 | 0.08 | -0.39 | 1.00 | 3.90 | 0.22 | 1.31 |
| Diluted Shares Outstanding | 45.4M | 49.4M | 49.4M | 49.4M | 50.7M | 51.9M | 53.4M | 55M | 57.1M | 58.3M | 59.6M | 60.1M | 60.4M | 61M | 62.9M | 63.8M | 67.4M | 70.4M | 73.6M | 76M |