| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 90.93 | 26.5% |
| Total Income | 90.93 | 26.5% |
| Expenditure | 63.68 | 119.7% |
| PBT | 27.26 | 36.5% |
| Net Profit | 19.91 | 47.7% |
| OPM | — | |
| NPM | 21.90% | 31.10pp |
| EPS | 1.02 | 99.7% |
American Integrity Reports Q1 2026 Results: Net Income $19.9M
13 May 2026 · 13 May, 1:53 am
Summary
American Integrity Insurance Group, Inc. reported its financial results for the first quarter of 2026, with net income available to common shareholders at $19.9 million, or $1.02 per diluted share. Net premiums earned increased by 25.7% to $82.2 million compared to the same period last year. Policies-in-force grew by 14.1% to 437,308. The combined ratio was 75.0%, compared to 42.9% in the first quarter of 2025. Robert Ritchie, Chief Executive Officer, expressed satisfaction with the company's performance, citing strong voluntary production and strategic growth initiatives.
Key Highlights
- 1
American Integrity reported net income available to common shareholders of $19.9 million, or $1.02 per diluted share, for Q1 2026.
- 2
Net premiums earned increased by 25.7% to $82.2 million compared to the first quarter of 2025.
- 3
Policies-in-force were 437,308 at March 31, 2026, up 14.1% over March 31, 2025.
- 4
The combined ratio was 75.0% in the first quarter of 2026, compared to 42.9% in the first quarter of 2025.
- 5
The company wrote 94,126 new and renewal policies in the voluntary market, an increase of 22% compared to the first quarter of 2025.
- 6
Net investment income in the first quarter of 2026 increased $1.6 million to $5.7 million compared to $4.1 million in the first quarter of 2025.
- 7
A $20.0 million special cash dividend was paid to stockholders of record in the first quarter of 2026.
Management Comments
Robert Ritchie
We are very pleased with our performance in the first quarter of 2026, which reflects a strong start to the year and continued momentum in our core business. Our results are increasingly being driven by voluntary production, providing a more durable and repeatable foundation for growth as we move forward. We are also seeing meaningful traction across our strategic growth initiatives, including our re-entry into the Tri-County market, our expansion back into the middle-aged home market, and the early development of our commercial residential product - areas where we believe we have a clear competitive advantage. At the same time, we remain focused on disciplined execution, underwriting quality, and maintaining a balanced reinsurance program, and with a strong balance sheet and multiple growth opportunities, we believe we are well positioned to continue delivering consistent, profitable growth over time.
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