Skip to content
OpenCapital
Get started

White Mountains Insurance Group WTM Q1 2026 earnings

Reported May 6, 2026 · Before market open

Revenue$515.4MIn line
EPS$12.59Beat by $16.59
Revenue estimate$515.4M
EPS estimate-$4.00

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$570.2M
EPS estimate$75.00

Financials

Q1 2026

Income statement

See full
Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

See full
Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

See full
Operating cash flow$30.5M+176%

Valuation & ratios

Valuation

as of 07/28/26
See full
Market cap$5.43B+18.0%
P/E5.2×—
P/S1.5×-0.4×

Profitability

See full
Gross margin94.9%-3.7pp
Net margin28.4%—

Returns & leverage

See full
Return on equity21.2%—
Debt / equity0.2×0.0×

Segments

By segment

See full
P&C Insurance and Reinsurance (Ark/WM Outrigger)$376.3M-8.9%
Asset Management (Kudu)$63.0M-1.3%
Specialty Insurance Distribution (Distinguished)$40.3M—
Financial Guarantee (HG Global)$17.2M-46.4%
P&C Insurance Distribution (Bamboo)--100%

Versus estimates

Revenue

Q1 2026$515.4MIn line
Q4 2025$576.1MIn lineQ3 2025$864.2MQ3 2025$689.2MQ1 2025$413.2MQ4 2024$358.0M

Diluted EPS

Q1 2026$12.59Beat by $16.59
Q4 2025$39.77Miss by $339.68Q3 2025$72.21Beat by $15.21Q3 2025$47.75Miss by $9.25Q1 2025-$20.50Miss by $6.50Q4 2024-$50.78Miss by $17.78

Ask the moment White Mountains Insurance Group reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did White Mountains Insurance Group report Q1 2026 earnings?
White Mountains Insurance Group (WTM) reported Q1 2026 earnings on May 6, 2026 before market open.
What were White Mountains Insurance Group's Q1 2026 revenue and EPS?
White Mountains Insurance Group reported revenue of $515.4M and eps of $12.59 for Q1 2026.
Did White Mountains Insurance Group beat estimates in Q1 2026?
Revenue beat the consensus estimate of $515.4M by -. EPS beat the consensus estimate of $-4.00 by $16.59.
How did White Mountains Insurance Group's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 24.7% from $413.2M a year earlier.
Where can I find White Mountains Insurance Group's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-030930) and the 10-Q periodic report (0001628280-26-030935) directly on SEC EDGAR. The filing index links above go to sec.gov.