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WTM Partners
$92.8M
Asset Management (Kudu)
$68.9M+238%
Specialty Insurance Distribution (Distinguished)
$57.4M
P&C Insurance Distribution (Bamboo)
$0-100%

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Other financials

Income statement

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Revenue$844.6M+22.5%
Gross profit$764.5M+18.2%
Net income$199.5M+62.3%

Balance sheet

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Total debt$932.5M+34.2%
Total equity$5.4B+16.0%
Total assets$13.8B+16.4%

Cash flow

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Operating cash flow-$55.5M-131%

Valuation

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Market cap$5.23B+14.0%
P/E4.7×
P/S1.4×-0.5×

Profitability

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Gross margin94.1%-3.2pp
Net margin29.3%

Returns & leverage

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Return on equity22.4%
Debt / equity0.2×0.0×

Where this comes from

Reported directly by White Mountains Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: White Mountains Insurance Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053932
MillionsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net realized and unrealized investment gains (losses)(2.0)3.1(7.2)13.1
Interest income from BAM Surplus Notes6.97.513.815.0
Other revenues.1.1
Total Financial Guarantee revenues20.424.237.656.3
Specialty Insurance Distribution (Distinguished)
Commission and fee revenues56.696.2
Other revenues.81.5
Total Specialty Insurance Distribution revenues57.497.7

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's hg global — revenue?
White Mountains Insurance Group (WTM) reported hg global — revenue of $20.4M in Q2 2026.
What does hg global — revenue mean?
Captures the total income generated by the Hg Global segment from all sources, including insurance premiums, investment income, and fee-based services. It provides a comprehensive view of the segment's overall financial scale and revenue-generating capacity.

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