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Erie Indemnity Company ERIE Business Segments — Commissions

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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 us-gaap:InsuranceCommissions.

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
Administrative services reimbursement revenue200,096210,273
Service agreement revenue5,9416,432
Total operating revenue1,011,911989,399
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

Item 1. Financial Statements (Unaudited)

FAQ

What is Erie Indemnity Company's business segments — commissions?
Erie Indemnity Company (ERIE) reported business segments — commissions of $464.86M in Q1 2026.
How has Erie Indemnity Company's business segments — commissions changed year-over-year?
Erie Indemnity Company's business segments — commissions increased by 6.4% year-over-year, from $436.86M to $464.86M.
What is the long-term trend for Erie Indemnity Company's business segments — commissions?
Over 3 years (2022 to 2025), Erie Indemnity Company's business segments — commissions has grown at a 14.6% compound annual growth rate (CAGR), from $1.18B to $1.78B.
What does business segments — commissions mean?
Reflects the revenue earned from commissions paid to the company for facilitating the sale and distribution of insurance products on behalf of the exchange. This is a primary driver of the management segment's top-line performance and is directly linked to the volume of new and renewal business generated by the agency network.

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