10-K · February 24, 2026
SiriusPoint Ltd. reported robust growth in 2025, with total revenue of $3.21 billion, driven largely by strong performance in its Insurance & Services segment and strategic asset sales. The company's net income surged…
Earnings analysis · 10-Q
SPNT earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
SiriusPoint Ltd. reported Q1 2026 earnings with total revenue of $774.6 million and diluted EPS of $0.82, surpassing the consensus estimate for EPS of $0.68 but slightly missing the revenue estimate of $798.6 million.…
Read full summary
SiriusPoint Ltd. reported Q1 2026 earnings with total revenue of $774.6 million and diluted EPS of $0.82, surpassing the consensus estimate for EPS of $0.68 but slightly missing the revenue estimate of $798.6 million. The company achieved a significant increase in net income attributed to strong growth in both underwriting and investment income, despite facing declines in premium volume in its Reinsurance segment.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.82
What stood out
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Significant Revenue Growth
Revenue for Q1 2026 totaled $774.6M, increasing from $727M in Q1 2025, reflecting a year-over-year growth of 6.2%.
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EPS Exceeds Expectations
The diluted EPS of $0.82 for Q1 2026 outperformed the consensus estimate of $0.68.
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Improved Operating ROE
Annualized return on average common shareholders’ equity rose to 17.4% from 12.9% in the previous year.
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Increase in Cash Reserves
Cash and cash equivalents grew to $856.9 million from $731.2 million as of December 31, 2025.
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Strong Underwriting Income
Core underwriting income surged to $70.9 million in Q1 2026 from $28.5 million in Q1 2025.
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Debt Reduction
Interest expense decreased to $16.8 million from $18.1 million year-over-year.
What to watch
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Declining Reinsurance Segment
Gross written premium in the Reinsurance segment fell by $35.6 million, or 10.0%, to $319.2 million compared to Q1 2025.
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Higher Expenses
Net corporate and other expenses rose to $71.2 million from $60.6 million, reflecting increases in share compensation and project expenses.
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Investment Income Decline
Net investment income decreased to $66.4 million from $71.2 million due to lower yields.
Management's outlook
Management indicates a focus on growth in the Insurance segment despite challenges in Reinsurance.
Earlier filings 4
10-Q · October 30, 2025
SiriusPoint Ltd. reported mixed Q3 results with revenue slightly disappointing but a notable increase in EPS. Revenues rose to $756 million, a modest increase compared to the previous quarter, but fell short of…
10-Q · August 4, 2025
SiriusPoint Ltd. reported Q2 2025 results with revenues of $748.2 million, exceeding estimates and reflecting a 5.8% increase year-over-year. Despite a revenue surprise, diluted EPS of $0.50 fell short of expectations,…
10-Q · May 5, 2025
SiriusPoint Ltd. reported strong operating results for Q1 2025 with revenue increasing 6.0% year-over-year to $727 million and EPS matching the previous quarter at $0.49, significantly beating analysts' expectations.…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.