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Erie Indemnity Company ERIE Business Segments — Acquisition and underwriting support costs

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Other financials

Income statement

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Revenue$1.0B+2.3%
Operating income$166.8M+10.2%
Net income$150.5M+8.7%
EPS (diluted)$2.88+8.7%

Balance sheet

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Cash & equivalents$268.6M+3.2%
Total debt$40.0M
Total equity$2.4B+13.8%
Total assets$3.4B+13.8%

Cash flow

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Operating cash flow$91.9M-22.2%
CapEx$37.4M+26.1%
Free cash flow$54.5M-38.4%

Valuation

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Market cap$13.11B-30.1%
P/E23×-7.1×
P/S3.2×-1.5×

Profitability

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Operating margin17.9%+0.3pp
Net margin14%-1.8pp
FCF margin13.1%+0.1pp

Returns & leverage

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Return on equity25.8%-6.5pp
Debt / equity
Current ratio1.3×-0.1×

Where this comes from

Reported directly by Erie Indemnity Company in its filing.

Tagged under the XBRL concept erie:AcquisitionAndUnderwritingSupportCosts.

The source filing: Erie Indemnity Company’s 10-Q, filed April 23, 2026.

Filed
Apr 23, 2026, 4:25 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-026866
(in thousands)20262025
Commissions464,856436,860
Personnel costs (1)92,06389,989
Sales and advertising (1)4,9056,952
Acquisition and underwriting support costs (1)24,12426,003
Technology infrastructure costs (1)25,80326,071
Professional fees (1)19,32126,276
Administrative and other (1)13,95615,599
Cost of operations - policy issuance and renewal services645,028627,750

Item 1. Financial Statements (Unaudited)

FAQ

What is Erie Indemnity Company's business segments — acquisition and underwriting support costs?
Erie Indemnity Company (ERIE) reported business segments — acquisition and underwriting support costs of $24.12M in Q1 2026.
What does business segments — acquisition and underwriting support costs mean?
Represents the operational costs incurred to support the underwriting process, including policy issuance, risk assessment support, and administrative processing for new and existing policies. These costs are essential for maintaining the quality and efficiency of the insurance product lifecycle.

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