Quarterly ResultMay 8, 2026, 04:08 PM
American Coastal Insurance Q1 Net Income $19.25M, Revenue $71.22M
AI Summary
American Coastal Insurance reported Q1 2026 net income from continuing operations of $19.25 million, a slight decrease from $19.71 million in Q1 2025. Total revenue also saw a minor decline to $71.22 million from $72.20 million year-over-year. The company experienced a shift to negative net cash flow from operating activities, reporting $(5.74) million compared to $26.44 million in the prior year period, while also returning capital through $36.57 million in dividends and $5.00 million in treasury share repurchases.
Key Highlights
- Net income from continuing operations for Q1 2026 was $19.25 million, down 2.3% from $19.71 million in Q1 2025.
- Total revenue for Q1 2026 decreased by 1.35% to $71.22 million from $72.20 million in Q1 2025.
- Net premiums earned declined 3.89% to $65.61 million in Q1 2026 from $68.27 million in Q1 2025.
- Basic EPS from continuing operations was $0.40 in Q1 2026, a slight decrease from $0.41 in Q1 2025.
- Net cash used in operating activities was $(5.74) million in Q1 2026, compared to $26.44 million provided in Q1 2025.
- Total assets decreased by 7.1% to $997.01 million as of March 31, 2026, from $1.07 billion at December 31, 2025.
- Total stockholders' equity increased by 4.45% to $331.70 million as of March 31, 2026.
- The company paid $36.57 million in dividends and repurchased $5.00 million in treasury shares during Q1 2026.
Price Impact
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