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Erie Indemnity Company ERIE Business Segments — Professional fees

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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:ProfessionalAndContractedServicesExpense.

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
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
Cost of operations - administrative services200,096210,273
Total operating expenses (2)845,124838,023

Item 1. Financial Statements (Unaudited)

FAQ

What is Erie Indemnity Company's business segments — professional fees?
Erie Indemnity Company (ERIE) reported business segments — professional fees of $19.32M in Q1 2026.
What does business segments — professional fees mean?
Covers payments to external consultants, legal advisors, auditors, and other professional service providers engaged to support the management segment's operations. These costs are often variable and fluctuate based on strategic projects, regulatory requirements, or litigation needs.

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