Essent Group Ltd. (ESNT) quarterly income statement — complete revenue, gross profit & net income history
Essent Group Ltd. (ESNT) annual income statement — 15-year revenue, gross profit & net income history
| Metric | Q2'26 | 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 |
|---|
| Revenue | 362.69M | 329.63M | 312.4M | 318.73M | 326.05M | 324.07M | 339.27M | 316.58M | 318.66M | 303.91M | 297.28M | 296.11M | 260.13M | 256.25M | 230.04M | 261.77M | 244.41M | 264.61M | 256.92M | 283.54M |
| Revenue Growth % | 11.24% | 1.72% | -7.92% | 0.68% | 2.32% | 6.63% | 14.13% | 6.91% | 22.5% | 18.6% | 29.23% | 13.12% | 6.43% | -3.16% | -10.46% | -7.68% | 0.47% | 8.09% | 3.93% | 16.66% |
| Medical Costs & Claims | 48.96M | 48.22M | 56.07M | 44.92M | 17.05M | 31.29M | 40.98M | 30.67M | -334K | 9.91M | 19.64M | 10.82M | 1.26M | -180K | 4.1M | 4.25M | -76.2M | -106.86M | -3.43M | -7.48M |
| Medical Cost Ratio % | 13.5% | 14.63% | 17.95% | 14.09% | 5.23% | 9.65% | 12.08% | 9.69% | -0.1% | 3.26% | 6.61% | 3.65% | 0.48% | -0.07% | 1.78% | 1.62% | -31.18% | -40.38% | -1.34% | -2.64% |
| Gross Profit | 313.73M | 281.41M | 256.33M | 273.8M | 309M | 292.78M | 298.3M | 285.91M | 318.99M | 294M | 277.64M | 285.29M | 258.87M | 256.43M | 225.94M | 257.51M | 320.61M | 371.47M | 260.35M | 291.02M |
| Gross Margin % | 86.5% | 85.37% | 82.05% | 85.91% | 94.77% | 90.35% | 87.92% | 90.31% | 100.1% | 96.74% | 93.39% | 96.35% | 99.52% | 100.07% | 98.22% | 98.38% | 131.18% | 140.38% | 101.34% | 102.64% |
| Gross Profit Growth % | 1.53% | -3.88% | -14.07% | -4.24% | -3.13% | -0.41% | 7.44% | 0.22% | 23.23% | 14.65% | 22.88% | 10.78% | -19.26% | -30.97% | -13.22% | -11.51% | 37.24% | 74.83% | 40.63% | 55% |
| Operating Expenses | 83.41M | 74.69M | 71.8M | 74.64M | 77.82M | 85.78M | 103.35M | 78.34M | 79.77M | 80.25M | 74.68M | 75.84M | 49.57M | 55.13M | 52.94M | 46.59M | 44.78M | 43.02M | 43.33M | 44.34M |
| OpEx / Revenue % | 23% | 22.66% | 22.98% | 23.42% | 23.87% | 26.47% | 30.46% | 24.75% | 25.03% | 26.41% | 25.12% | 25.61% | 19.06% | 21.51% | 23.02% | 17.8% | 18.32% | 16.26% | 16.86% | 15.64% |
| Depreciation & Amortization | 0 | 1.23M | 1.25M | 1.26M | 1.34M | 1.37M | 1.43M | 1.49M | 1.47M | 1.39M | 1.34M | 1.74M | 741K | 698K | 794K | 740K | 735K | 755K | 801K | 855K |
| Combined Ratio % | 36.5% | 37.28% | 40.93% | 37.51% | 29.1% | 36.12% | 42.54% | 34.43% | 24.93% | 29.67% | 31.73% | 29.27% | 19.54% | 21.44% | 24.8% | 19.42% | -12.85% | -24.12% | 15.53% | 13% |
| Operating Income | 230.32M | 206.72M | 184.53M | 199.16M | 231.18M | 207M | 194.95M | 207.57M | 239.22M | 213.74M | 202.96M | 209.44M | 209.3M | 201.29M | 172.99M | 210.92M | 275.82M | 328.45M | 217.02M | 246.68M |
| Operating Margin % | 63.5% | 62.72% | 59.07% | 62.49% | 70.9% | 63.88% | 57.46% | 65.57% | 75.07% | 70.33% | 68.27% | 70.73% | 80.46% | 78.56% | 75.2% | 80.58% | 112.85% | 124.12% | 84.47% | 87% |
| Operating Income Growth % | -0.37% | -0.13% | -5.35% | -4.05% | -3.36% | -3.15% | -3.95% | -0.89% | 14.3% | 6.18% | 17.32% | -0.7% | -24.12% | -38.71% | -20.29% | -14.5% | 44.85% | 95.29% | 48.49% | 66.19% |
| EBITDA | 238.47M | 207.96M | 185.78M | 200.42M | 232.52M | 208.37M | 196.38M | 209.07M | 240.69M | 215.13M | 204.3M | 211.19M | 210.04M | 201.99M | 173.79M | 211.66M | 276.56M | 329.2M | 217.82M | 247.54M |
| EBITDA Margin % | 65.75% | 63.09% | 59.47% | 62.88% | 71.31% | 64.3% | 57.88% | 66.04% | 75.53% | 70.79% | 68.72% | 71.32% | 80.75% | 78.83% | 75.55% | 80.86% | 113.15% | 124.41% | 84.78% | 87.3% |
| Interest Expense | 8.15M | 8.15M | 8.15M | 8.25M | 8.15M | 8.15M | 8.15M | 11.46M | 7.85M | 7.86M | 7.95M | 7.85M | 7.39M | 6.94M | 6.04M | 4.45M | 2.89M | 2.23M | 2.1M | 2.06M |
| Non-Operating Income | -8.15M | -8.15M | -8.15M | -8.25M | -8.15M | -8.15M | -8.15M | -11.46M | -7.85M | -7.86M | -7.95M | -7.85M | -7.39M | -6.94M | -6.05M | -4.45M | -2.89M | -2.23M | -2.1M | -2.06M |
| Pretax Income | 230.32M | 206.72M | 184.53M | 199.16M | 231.18M | 207M | 194.95M | 207.57M | 239.22M | 213.74M | 202.96M | 209.44M | 209.3M | 201.29M | 173M | 210.92M | 275.82M | 328.45M | 217.02M | 246.68M |
| Pretax Margin % | 63.5% | 62.72% | 59.07% | 62.49% | 70.9% | 63.88% | 57.46% | 65.57% | 75.07% | 70.33% | 68.27% | 70.73% | 80.46% | 78.56% | 75.2% | 80.58% | 112.85% | 124.12% | 84.47% | 87% |
| Income Tax | 40.6M | 34.93M | 29.55M | 34.94M | 35.84M | 31.57M | 27.05M | 31.4M | 35.62M | 32.02M | 27.59M | 31.48M | 37.07M | 30.47M | 25.63M | 32.87M | 44.05M | 54.28M | 36.03M | 41.33M |
| Effective Tax Rate % | 17.63% | 16.89% | 16.01% | 17.55% | 15.5% | 15.25% | 13.88% | 15.13% | 14.89% | 14.98% | 13.6% | 15.03% | 17.71% | 15.14% | 14.82% | 15.58% | 15.97% | 16.53% | 16.6% | 16.75% |
| Net Income | 189.71M | 171.8M | 154.98M | 164.22M | 195.34M | 175.43M | 167.9M | 176.18M | 203.61M | 181.72M | 175.37M | 177.96M | 172.23M | 170.83M | 147.37M | 178.05M | 231.77M | 274.17M | 180.99M | 205.35M |
| Net Margin % | 52.31% | 52.12% | 49.61% | 51.52% | 59.91% | 54.13% | 49.49% | 55.65% | 63.9% | 59.79% | 58.99% | 60.1% | 66.21% | 66.67% | 64.06% | 68.02% | 94.83% | 103.61% | 70.45% | 72.43% |
| Net Income Growth % | -2.88% | -2.07% | -7.69% | -6.79% | -4.06% | -3.46% | -4.26% | -1% | 18.22% | 6.38% | 19% | -0.05% | -25.69% | -37.69% | -18.58% | -13.3% | 45.04% | 102.12% | 46.43% | 64.89% |
| EPS (Diluted) | 2.08 | 1.82 | 1.60 | 1.67 | 1.93 | 1.69 | 1.58 | 1.65 | 1.91 | 1.70 | 1.64 | 1.66 | 1.61 | 1.59 | 1.37 | 1.66 | 2.16 | 2.52 | 1.64 | 1.84 |
| EPS Growth % | 7.77% | 7.69% | 1.27% | 1.21% | 1.05% | -0.59% | -3.66% | -0.6% | 18.63% | 6.92% | 19.71% | 0% | -25.46% | -36.9% | -16.46% | -9.78% | 52.11% | 108.26% | 49.09% | 65.77% |
| EPS (Basic) | 2.09 | 1.83 | 1.62 | 1.69 | 1.95 | 1.71 | 1.60 | 1.67 | 1.93 | 1.72 | 1.66 | 1.68 | 1.62 | 1.60 | 1.38 | 1.67 | 2.17 | 2.53 | 1.65 | 1.85 |
| Diluted Shares Outstanding | 91.39M | 94.57M | 96.66M | 101.16M | 101.06M | 103.95M | 106.1M | 106.55M | 106.78M | 106.77M | 106.82M | 107.03M | 107.09M | 107.58M | 107.42M | 107.34M | 107.28M | 108.59M | 110.03M | 111.39M |