Arch Capital Group Ltd. (ACGL) Income Statement
ACGL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsACGL revenue and net income
Where ACGL's revenue goes
2025Each bar shows an amount and its share of revenue. ACGL kept 22.1% of revenue as net income.
ACGL profit margins
ACGL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +14.3% | +27.3% | +19.2% | +17.5% |
| Gross profit | +14.9% | +36.9% | +23.3% | +8.4% |
| Operating income | +11.3% | +53.7% | +28.6% | +23.1% |
| Net income | +2.0% | +43.9% | +25.6% | +23.4% |
| EPS (diluted) | +0.3% | +26.6% | +48.9% | +20.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ACGL quarterly EPS vs estimates
Arch Capital beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 27, 2026 (estimate $2.05).
ACGL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.93B | $17.44B | $13.29B | $9.66B | $8.92B | $8.29B | $6.78B | $5.47B | $5.37B | $4.45B |
| Cost of revenue | $12.52B | $10.99B | $8.56B | $6.77B | $5.89B | $5.69B | $3.97B | $3.70B | $3.74B | $633.0M |
| Gross profit | $7.41B | $6.45B | $4.74B | $2.89B | $3.04B | $2.60B | $2.81B | $1.78B | $1.63B | $3.82B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $79.0M | $1.67B | $102.0M | $95.0M | $78.0M | $82.0M | $80.1M | $79.0M | $83.8M | $81.7M |
| Total operating expenses | $2.43B | $1.97B | $1.63B | $1.52B | $1.30B | $1.18B | $1.08B | $983.0M | $1.01B | −$3.03B |
| Operating income | $4.98B | $4.47B | $3.11B | $1.37B | $1.74B | $1.41B | $1.72B | $796.1M | $615.0M | $790.4M |
| Interest income | — | — | — | $22.5M | — | — | $17.8M | $5.4M | $90.9M | $18.9M |
| Interest expense | $148.0M | $141.0M | $133.0M | $131.0M | $139.0M | $143.5M | $120.9M | $120.5M | $117.4M | $66.3M |
| Income before taxes | $5.16B | $4.67B | $3.57B | $1.56B | $2.37B | $1.58B | $1.85B | $841.8M | $757.3M | $855.6M |
| Income taxes | $760.0M | $362.0M | −$873.0M | $80.0M | $128.0M | $111.8M | $155.8M | $114.0M | $127.6M | $31.4M |
| Net income | $4.40B | $4.31B | $4.44B | $1.48B | $2.16B | $1.41B | $1.64B | $758.0M | $619.3M | $692.7M |
| EBITDA | $5.35B | $4.85B | $3.61B | $1.72B | $2.32B | $1.77B | $2.05B | $1.07B | $1.00B | $790.4M |
| EPS (diluted) | $9.87 | $9.84 | $8.45 | $4.86 | $3.60 | $1.35 | $2.81 | $2.20 | $1.06 | $1.53 |
| Gross margin | 37.2% | 37.0% | 35.6% | 29.9% | 34.0% | 31.3% | 41.4% | 32.5% | 30.3% | 85.8% |
| Operating margin | 25.0% | 25.7% | 23.4% | 14.2% | 19.5% | 17.1% | 25.4% | 14.5% | 11.5% | 17.8% |
| Net margin | 22.1% | 24.7% | 33.4% | 15.3% | 24.2% | 17.0% | 24.1% | 13.8% | 11.5% | 15.6% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.47B | $4.36B | $5.39B | $4.98B | $4.97B | $4.59B | $5.02B | $4.48B | $4.06B | $3.88B | $3.79B | $3.29B |
| Cost of revenue | $2.20B | $2.09B | $3.06B | $2.99B | $3.13B | $3.35B | $3.11B | $3.08B | $2.46B | $2.33B | $2.28B | $2.22B |
| Gross profit | $2.28B | $2.27B | $2.33B | $1.99B | $1.85B | $1.24B | $1.91B | $1.40B | $1.60B | $1.54B | $1.51B | $1.07B |
| Sales, general & admin | — | — | $79.0M | — | $29.0M | $50.0M | $1.58B | $19.0M | $23.0M | $46.0M | $31.0M | $20.0M |
| Total operating expenses | $1.05B | $1.13B | $941.0M | $488.0M | $435.0M | $563.0M | $703.0M | $346.0M | $448.0M | $476.0M | $421.0M | $389.0M |
| Operating income | $1.22B | $1.15B | $1.39B | $1.50B | $1.41B | $678.0M | $1.20B | $1.05B | $1.15B | $1.07B | $1.09B | $682.0M |
| Interest income | $9.0M | $8.0M | — | $10.0M | $10.0M | $11.0M | — | — | — | $8.0M | — | — |
| Interest expense | $44.0M | $37.0M | $38.0M | $37.0M | $38.0M | $35.0M | $37.0M | $35.0M | $35.0M | $34.0M | $34.0M | $34.0M |
| Income before taxes | $1.22B | $1.15B | $1.45B | $1.56B | $1.45B | $695.0M | $1.00B | $1.09B | $1.37B | $1.22B | $1.26B | $795.0M |
| Income taxes | $164.0M | $98.0M | $210.0M | $215.0M | $214.0M | $121.0M | $66.0M | $98.0M | $97.0M | $101.0M | −$1.08B | $72.0M |
| Net income | $1.06B | $1.05B | $1.24B | $1.35B | $1.24B | $574.0M | $935.0M | $988.0M | $1.27B | $1.12B | $2.33B | $723.0M |
| EBITDA | $1.29B | $1.21B | $1.50B | $1.59B | $1.50B | $762.0M | $1.07B | $1.17B | $1.38B | $1.22B | $1.25B | $799.0M |
| EPS (diluted) | $2.56 | $2.50 | $2.98 | $2.77 | $2.58 | $1.54 | $2.26 | $2.56 | $2.57 | $2.45 | $2.49 | $2.31 |
| Gross margin | 50.9% | 52.1% | 43.2% | 40.0% | 37.1% | 27.0% | 38.0% | 31.2% | 39.4% | 39.8% | 39.8% | 32.5% |
| Operating margin | 27.3% | 26.3% | 25.7% | 30.2% | 28.4% | 14.8% | 24.0% | 23.4% | 28.4% | 27.5% | 28.7% | 20.7% |
| Net margin | 23.6% | 24.0% | 23.0% | 27.1% | 24.9% | 12.5% | 18.6% | 22.1% | 31.2% | 28.9% | 61.6% | 22.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ACGL's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ACGL financial results
In fiscal year 2025 (ended December 31, 2025), Arch Capital reported revenue of $19.9 billion, up 14.3% from the year before. It had net income of $4.4 billion (up 2.0%), a net profit margin of 22.1%. Diluted earnings per share came to $9.87. Over five years revenue grew at an average rate of 19.2% a year.
See the ACGL stock overview for the latest quote and news, or the ACGL chart for price history and technical indicators.
ACGL income statement FAQ
What is Arch Capital's annual revenue?
Arch Capital reported total revenue of $19.9 billion for fiscal year 2025, which ended on December 31, 2025. That was up 14.3% from $17.4 billion the previous year.
Is Arch Capital profitable?
Yes. Arch Capital reported net income of $4.4 billion in fiscal 2025, a net profit margin of 22.1%; its operating margin was 25.0%.
What is Arch Capital's gross margin?
Arch Capital's gross margin was 37.2% in fiscal 2025: for every $100 of revenue, Arch Capital kept $37 after the direct cost of its products and services.
How fast is Arch Capital growing?
Revenue grew 19.2% a year on average over the last five fiscal years, from $8.3 billion to $19.9 billion.
What are Arch Capital's earnings per share?
Arch Capital earned $9.87 per diluted share in fiscal 2025, compared with $9.84 a year earlier.
When will Arch Capital report its next earnings?
Arch Capital is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Arch Capital's fiscal year end?
Arch Capital's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.