Accelerant Holdings Class A (ARX)
NYSE:ARX
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Earnings Data
Report Date
Aug 27, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.16Last Year’s EPS
0.14Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call outlines broad operational and financial momentum: strong top‑line growth (revenue +54%), substantial adjusted EBITDA expansion, rapid third‑party premium adoption, expanding proprietary data and demonstrable AI productivity gains, plus upgraded guidance and an attractive capital position. Headline negatives are episodic: a small GAAP loss driven by share‑based compensation, Q1 operating cash usage due to timing, elevated eliminations impacting near‑term consolidated EBITDA, modest underwriting margins, and remaining concentration risk with Hadron (albeit reduced). On balance, the positives are materially stronger and more strategic than the transitory or manageable negatives.Company Guidance
Strong Revenue and Adjusted EBITDA Growth
Total revenue up 54% YoY to $273M; operating revenue up 57% YoY. Adjusted EBITDA was $66M in Q1 versus $39M a year ago (≈+69% YoY). Adjusted non-GAAP EPS $0.17 vs GAAP loss per diluted share of $0.02.
Exchange Written Premium Acceleration
Exchange written premium of $1.14B in Q1, +16% YoY (would have been +22% YoY excluding a terminated large low‑margin member). Q2 guide: $1.27B–$1.32B; full‑year 2026 guide: at least $5.2B.
Rapid Third‑Party Growth and Capital Lightness
Third‑party direct written premium grew to $462M from $184M in Q1 last year (≈+151% YoY). Third‑party share of exchange written premium rose to 41% (19% in prior-year Q1; 30% in FY2025). Full‑year third‑party guide at least $2.3B.
High Fee‑Based Profitability and Margin Expansion
Fee‑based operating revenue and adjusted EBITDA (excluding underwriting) grew 52% and 112% YoY, respectively. Exchange Services adjusted EBITDA $67M with a 67% margin; expected ~70% for remainder of 2026.
Data Moat Expansion and AI Productivity Gains
Added 22M rows and 4,000 risk attributes during the quarter, totaling 156M rows and >62,000 unique risk attributes. Reported a >24% productivity lift per engineer via AI augmentation and initiatives to accelerate onboarding and automated claims/actuarial tools.
Member Growth and Strong Net Revenue Retention
Added 16 new MGA members in Q1 (total 296). Trailing 12‑month net revenue retention was 116% (would be 122% excluding the terminated member), demonstrating strong organic growth from existing members.
Healthy Loss Ratio for Risk Partners
Q1 gross loss ratio of 52.1%, characterized as 'very attractive' and expected to remain in the low‑50s for 2026.
Balance Sheet and Capital Actions
Unrestricted cash and investments outside insurance entities ≈$450M; insurance entity capital ≈$630M. Announced $200M share repurchase program (≈$63M executed through March 18 and another $52M repurchased in Q2 so far) and sold part of an investment for $52M cash with an expected combined gain of $55M in Q2.
ARX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ARX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $12.53 | $14.61 | +16.60% |
Mar 18, 2026 | $11.66 | $12.18 | +4.46% |
Nov 12, 2025 | $12.60 | $13.76 | +9.21% |
Aug 28, 2025 | $29.29 | $21.57 | -26.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Accelerant Holdings Class A (ARX) report earnings?
Accelerant Holdings Class A (ARX) is schdueled to report earning on Aug 27, 2026, Before Open (Confirmed).
What is Accelerant Holdings Class A (ARX) earnings time?
Accelerant Holdings Class A (ARX) earnings time is at Aug 27, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ARX EPS forecast?
ARX EPS forecast for the fiscal quarter 2026 (Q2) is 0.16.