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ASIC ASIC Business Segments — Net Income

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Other financials

Income statement

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Revenue$129.0M+55.2%
Net income$25.5M+201%
EPS (diluted)$0.51+155%

Balance sheet

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Cash & equivalents$47.5M+22.0%
Total debt$2.0M
Total equity$631.0M+47.7%
Total assets$1.5B

Cash flow

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Operating cash flow$42.0M+101%
CapEx$899.0K+3,496%
Free cash flow$41.1M+96.5%

Valuation

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Market cap$1.06B+0.1%
Enterprise value$1.01B-2.3%
P/E11.6×-5.8×
P/S2.3×-0.5×

Profitability

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Net margin19.4%+5.7pp
FCF margin32.8%

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: ASIC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ASIC's business segments — net income?
ASIC (ASIC) reported business segments — net income of $27.18M in Q1 2026.
How has ASIC's business segments — net income changed year-over-year?
ASIC's business segments — net income increased by 221.2% year-over-year, from $8.46M to $27.18M.
What does business segments — net income mean?
This metric represents the final bottom-line profit generated by the reportable segment after all revenues, expenses, and taxes have been accounted for. It is the primary indicator of the segment's contribution to the company's overall financial health and shareholder value. A consistent increase in this figure demonstrates successful underwriting and effective management of the segment's risk portfolio.