Revenue: As of FY2026 Q1, the actual value is USD 107.43 M.

EPS: As of FY2026 Q1, the actual value is USD 0.51, beating the estimate of USD 0.41.

EBIT: As of FY2026 Q1, the actual value is USD 34.23 M.

Ategrity Specialty Insurance Company Holdings reported significant financial growth for the first quarter ended March 31, 2026, driven by strong underwriting performance and top-line expansion .

Net Income

Net income attributable to stockholders was $25.5 million, marking a 201.0% increase from $8.5 million in the prior-year period . Adjusted net income attributable to stockholders reached $25.6 million, compared to $8.5 million in Q1 2025 .

Revenue

Gross written premiums increased by 23.1% to $142.9 million . This growth included a 27.4% increase in casualty lines to $104.653 million and a 12.6% growth in property lines to $38.274 million . Net written premiums were $118.706 million, up from $89.871 million in Q1 2025, and net earned premiums totaled $105.210 million, compared to $78.301 million in Q1 2025 .

Underwriting Performance

Underwriting income grew by 86.6% to $13.3 million from $7.1 million in the prior-year period . The combined ratio improved to 87.4% from 90.9% in Q1 2025, driven by a 1.0 percentage point decrease in the loss ratio to 58.8% and a reduction in the expense ratio to 28.6% from 31.1% .

Operational Costs

Policy acquisition costs were $18.544 million, representing 17.6% of net earned premiums, down from 18.8% in Q1 2025 . Operating expenses, net of fee income, decreased to 10.9% of net earned premiums from 12.3% in the prior-year period . Total expenses for the quarter were $94.735 million, up from $72.432 million in Q1 2025 .

Investment Income

Net investment income increased to $12.042 million from $7.895 million in Q1 2025 . The company also reported net realized and unrealized gains on investments of $9.464 million, a significant improvement from net realized and unrealized losses of - $4.599 million in the prior-year period .

Other Key Metrics

Book value per share stood at $13.13 at quarter-end, representing a 24.3% increase from Q1 2025 . Adjusted return on stockholders’ equity increased to 16.4% from 8.3% in Q1 2025 . Income before income taxes was $34.229 million, compared to $10.690 million in Q1 2025 . Total comprehensive income attributable to stockholders was $16.496 million, up from $8.347 million in Q1 2025 .

Outlook / Guidance

Ategrity Specialty Insurance Company Holdings is focused on continued profitable growth through strategic initiatives, including launching new regional strategies and advancing automation and AI initiatives . The company aims to leverage its productionized underwriting model to gain market share and deliver consistent, profitable performance . They also anticipate continued strong opportunity flow across their distribution network and highly selective capital deployment .