Employers Holdings, Inc. (EIG) Income Statement
EIG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEIG revenue and net income
Where EIG's revenue goes
2025Each bar shows an amount and its share of revenue. EIG kept 1.3% of revenue as net income.
EIG profit margins
EIG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.6% | +6.3% | +3.8% | +1.3% |
| Gross profit | −14.5% | +6.8% | −3.5% | +1.5% |
| Operating income | −91.8% | −40.1% | −39.5% | −19.1% |
| Net income | −90.9% | −39.3% | −38.2% | −19.5% |
| EPS (diluted) | −75.6% | −32.3% | −21.9% | −9.7% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EIG quarterly EPS vs estimates
Employers beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.61).
EIG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $858.2M | $880.7M | $850.9M | $713.5M | $703.1M | $711.4M | $835.9M | $800.4M | $799.3M | $779.8M |
| Cost of revenue | $581.8M | $557.4M | $505.7M | $486.9M | $391.3M | $381.2M | $454.0M | $470.9M | $508.6M | $501.4M |
| Gross profit | $276.4M | $323.3M | $345.2M | $226.6M | $311.8M | $330.2M | $381.9M | $329.5M | $290.7M | $278.4M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | — | $176.5M | $180.0M | $167.3M | $160.2M | $181.3M | $187.5M | $376.7M | $424.7M | $417.9M |
| Total operating expenses | $264.4M | $176.6M | $196.8M | $170.8M | $164.8M | $182.5M | $188.1M | $160.0M | $146.7M | $137.7M |
| Operating income | $12.0M | $146.7M | $148.4M | $55.8M | $147.0M | $147.7M | $193.8M | $169.5M | $144.0M | $140.7M |
| Interest income | $500,000 | $100,000 | $5.8M | $3.5M | $500,000 | $400,000 | $600,000 | $1.5M | $1.4M | $1.6M |
| Interest expense | $500,000 | $100,000 | $5.8M | $3.5M | $500,000 | $400,000 | $600,000 | $1.5M | $1.4M | $1.6M |
| Income before taxes | $12.0M | $146.7M | $148.4M | $55.8M | $147.0M | $147.7M | $193.8M | $169.5M | $144.0M | $140.7M |
| Income taxes | $1.2M | $28.1M | $30.3M | $7.4M | $27.7M | $27.9M | $36.7M | $28.2M | $42.8M | $34.0M |
| Net income | $10.8M | $118.6M | $118.1M | $48.4M | $119.3M | $119.8M | $157.1M | $141.3M | $101.2M | $106.7M |
| EBITDA | $23.7M | $150.4M | $159.0M | $64.6M | $154.9M | $156.3M | $203.4M | $177.3M | $153.6M | $150.8M |
| EPS (diluted) | $0.91 | $3.73 | $3.85 | $2.93 | $2.39 | $3.14 | $3.20 | $4.11 | $2.88 | $2.61 |
| Gross margin | 32.2% | 36.7% | 40.6% | 31.8% | 44.3% | 46.4% | 45.7% | 41.2% | 36.4% | 35.7% |
| Operating margin | 1.4% | 16.7% | 17.4% | 7.8% | 20.9% | 20.8% | 23.2% | 21.2% | 18.0% | 18.0% |
| Net margin | 1.3% | 13.5% | 13.9% | 6.8% | 17.0% | 16.8% | 18.8% | 17.7% | 12.7% | 13.7% |
| 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 | $220.2M | $207.6M | $170.2M | $239.3M | $246.3M | $202.6M | $216.6M | $224.0M | $217.0M | $223.1M | $225.7M | $203.5M |
| Cost of revenue | $122.3M | $129.1M | $62.3M | $209.6M | $166.2M | $143.7M | $135.7M | $144.1M | $134.8M | $141.6M | $119.1M | $141.6M |
| Gross profit | $97.9M | $78.5M | $107.7M | $29.7M | $80.1M | $58.9M | $80.9M | $79.9M | $82.2M | $81.5M | $106.6M | $61.9M |
| Sales, general & admin | — | $64.6M | — | — | — | — | $46.1M | $43.2M | $41.4M | $45.8M | $46.1M | $43.5M |
| Total operating expenses | $63.2M | $65.7M | $137.4M | $40.9M | $43.1M | $43.0M | $46.3M | $43.2M | $42.2M | $46.2M | $48.5M | $44.5M |
| Operating income | $34.7M | $12.8M | −$29.7M | −$11.2M | $37.0M | $15.9M | $34.6M | $36.7M | $40.0M | $35.3M | $58.1M | $17.4M |
| Interest income | — | — | $200,000 | $200,000 | $0 | $100,000 | $0 | $0 | — | — | — | $1.0M |
| Interest expense | $1.3M | $1.1M | $200,000 | $200,000 | $0 | $100,000 | $100,000 | $0 | $0 | $0 | $600,000 | $1.0M |
| Income before taxes | $34.7M | $12.8M | −$29.7M | −$11.2M | $37.0M | $15.9M | $34.6M | $36.7M | $40.0M | $35.3M | $58.1M | $17.4M |
| Income taxes | $5.6M | $2.6M | −$6.3M | −$2.9M | $7.3M | $3.1M | $6.3M | $6.4M | $8.3M | $7.0M | $12.5M | $3.4M |
| Net income | $29.1M | $10.2M | −$23.4M | −$8.3M | $29.7M | $12.8M | $28.3M | $30.3M | $31.7M | $28.3M | $45.6M | $14.0M |
| EBITDA | $39.3M | $16.9M | −$28.7M | −$2.3M | $35.3M | $19.4M | $25.1M | $40.6M | $45.4M | $39.1M | $63.9M | $32.0M |
| EPS (diluted) | $0.70 | $0.53 | $0.66 | −$1.10 | $0.48 | $0.87 | $1.15 | $0.81 | $1.10 | $0.67 | $1.40 | $0.68 |
| Gross margin | 44.5% | 37.8% | 63.3% | 12.4% | 32.5% | 29.1% | 37.3% | 35.7% | 37.9% | 36.5% | 47.2% | 30.4% |
| Operating margin | 15.8% | 6.2% | −17.5% | −4.7% | 15.0% | 7.8% | 16.0% | 16.4% | 18.4% | 15.8% | 25.7% | 8.6% |
| Net margin | 13.2% | 4.9% | −13.7% | −3.5% | 12.1% | 6.3% | 13.1% | 13.5% | 14.6% | 12.7% | 20.2% | 6.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EIG's financial statements (latest annual report filed February 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EIG financial results
In fiscal year 2025 (ended December 31, 2025), Employers reported revenue of $858.2 million, down 2.6% from the year before. It had net income of $10.8 million (down 90.9%), a net profit margin of 1.3%. Diluted earnings per share came to $0.91. Over five years revenue grew at an average rate of 3.8% a year.
See the EIG stock overview for the latest quote and news, or the EIG chart for price history and technical indicators.
EIG income statement FAQ
What is Employers's annual revenue?
Employers reported total revenue of $858.2 million for fiscal year 2025, which ended on December 31, 2025. That was down 2.6% from $880.7 million the previous year.
Is Employers profitable?
Yes. Employers reported net income of $10.8 million in fiscal 2025, a net profit margin of 1.3%; its operating margin was 1.4%.
What is Employers's gross margin?
Employers's gross margin was 32.2% in fiscal 2025: for every $100 of revenue, Employers kept $32 after the direct cost of its products and services.
How fast is Employers growing?
Revenue grew 3.8% a year on average over the last five fiscal years, from $711.4 million to $858.2 million.
What are Employers's earnings per share?
Employers earned $0.91 per diluted share in fiscal 2025, compared with $3.73 a year earlier.
When will Employers report its next earnings?
Employers is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Employers's fiscal year end?
Employers's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 26, 2026.