White Mountains Insurance Group (WTM) WTM Partners — Change in fair value of contingent consideration

Screener

Other segment segments

Asset Management (Kudu)

$0—

Specialty Insurance Distribution (Distinguished)

$0—

Similar metrics at other companies

INSMReportable Segment — Change in fair value of contingent consideration

-$99.76M-269%

SCSCIntelisys & Advisory — Change in fair value of contingent consideration

$30K-96.3%

PACBReportable Segment — Change in fair value of contingent consideration

$0—

SCSCSpecialty Technology Solutions — Change in fair value of contingent consideration

$410K+336%

LUNRReportable Segment — Change in fair value of contingent consideration liabilities

$521K—

DCGOCorporate — Loss on change in fair value of contingent consideration

$0—

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$5.3B+15.6%

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:BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1.

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

Millions / Three Months Ended June 30, 2026	Ark/WM Outrigger / Ark	Ark/WM Outrigger / WM Outrigger Re	Kudu	HG Global	Distinguished	WTM Partners	Other Operations	Total
Cost of sales	—	—	—	—	—	72.6	7.5	80.1
Broker commission expenses	—	—	—	—	23.3	—	—	23.3
Amortization of other intangible assets (4)	—	—	—	—	6.4	1.3	.9	8.6
General and administrative expenses (3) (4) (5)	44.4	—	4.7	4.2	34.6	14.2	41.2	143.3
Change in fair value of contingent consideration	31.7	—	—	—	—	—	—	31.7
Interest expense	4.1	—	7.2	3.7	3.6	.6	.6	19.8
Total expenses	359.3	.2	11.9	10.0	67.9	88.7	50.6	588.6
Pre-tax income (loss)	$78.4	$1.7	$57.0	$10.4	$(10.5)	$4.1	$114.9	$256.0

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's WTM partners — change in fair value of contingent consideration?: White Mountains Insurance Group (WTM) reported WTM partners — change in fair value of contingent consideration of $0 in Q2 2026.
What does WTM partners — change in fair value of contingent consideration mean?: This metric captures the periodic adjustments to the estimated fair value of earn-outs or other performance-based payments owed for past acquisitions. Fluctuations in this value reflect changes in the expected future performance of acquired entities. It is often treated as a non-operating item that impacts the segment's bottom-line results.