What is ASIC's income tax?

ASIC (ASIC) reported income tax of $7.05M in Q1 2026.

How has ASIC's income tax changed year-over-year?

ASIC's income tax increased by 214.8% year-over-year, from $2.24M to $7.05M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

ASIC ASIC Income Tax

Income Tax at other companies

W.R. BerkleyWRB

$100.52M-17.1%

RLIRLI

$12.46M-19.2%

MarkelMKL

-$65.58M-331%

Skyward Specialty Insurance Group, Inc.SKWD

$12.35M+31.7%

Selective Insurance GroupSIGI

$26.53M-8.5%

American Financial GroupAFG

$48M+11.6%

Segments

By segment

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Reportable Segment$7.05M+215%

Other financials

Income statement

See full

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

See full

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

See full

Net margin19.4%+5.7pp

FCF margin32.8%—

Returns & leverage

See full

Return on equity17.2%+4.6pp

Debt / equity0×—

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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 income tax?: ASIC (ASIC) reported income tax of $7.05M in Q1 2026.
How has ASIC's income tax changed year-over-year?: ASIC's income tax increased by 214.8% year-over-year, from $2.24M to $7.05M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.