Jun 2026 (Q2 FY26) — Aug 7, 2026
Assured Guaranty Q2 FY26 — Record Valuation Metrics and Strong New Business Production
Read the full callAssured Guaranty earnings: last reported Fri, 7 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 195 | −30.6% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 39.0 | −62.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $82.28 on 14 Oct 2025 → $69.86. High $92.18 (18 Dec 2025), low $67.72 (30 Sept 2026).
Overview
Call summaries
Assured Guaranty Q2 FY26 — Record Valuation Metrics and Strong New Business Production
Read the full callEvery analysed call
Financials
Net profit, year on year: −62% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 269 | 156 | 345 | 281 | 207 | 277 | 261 | 195 |
| Profit before tax | 202 | 15 | 176 | 130 | 115 | 139 | 34 | 60 |
| Tax rate | 21.8% | 53.3% | 25.0% | 20.8% | 18.3% | 19.4% | −58.8% | 15.0% |
| Net profit | 171 | 18 | 176 | 103 | 105 | 119 | 88 | 39 |
| EPS ($ per share) | 3.23 | — | 3.49 | 2.10 | 2.20 | — | 1.94 | 0.88 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Reserves | 6,374 | 6,295 | 6,143 | 5,990 | 5,577 | 6,070 | 5,878 | 5,830 |
| Total liabilities | 7,048 | 7,674 | 8,629 | 11,708 | 11,551 | 6,774 | 6,348 | 6,387 |
| Investments | 729 | 1,268 | 851 | 1,225 | 810 | 1,661 | 1,221 | 903 |
| Total assets | 13,603 | 14,326 | 15,334 | 18,208 | 16,843 | 12,539 | 11,901 | 12,176 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 462 | -509 | -853 | -1,937 | -2,479 | 461 | 47 | 259 |
| Cash from investing | 297 | 1,169 | 788 | 23 | 1,740 | 286 | 780 | 641 |
| Cash from financing | -795 | -584 | 183 | 1,960 | 612 | -670 | -983 | -616 |
| Net cash flow | -40 | 79 | 115 | 44 | -135 | 79 | -158 | 291 |
74 filings between Feb 7, 2026 and Aug 20, 2026.
Purchases
None
No insider bought shares.
Sales
$18.11M
7 sales by 4 insiders
Also filed: 6 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BORGES FRANCISCO L | — | $9.93M | Mar 30, 2026 |
| FREDERICO DOMINIC | — | $4.06M | Mar 23, 2026 |
| Bailenson Robert | — | $3.93M | May 11, 2026 |
| Radtke Lorin | — | $184.0K | May 29, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 20, 2026 | FREDERICO DOMINIC President/CEO/Deputy Chairman | Gift | 23,331 | $0 |
| Jul 1, 2026 | Rosenblum Benjamin G. CFO | Tax withheld | 1,156 | $94.1K |
| Jun 18, 2026 | BORGES FRANCISCO L Director | Gift | 2,588 | $0 |
| Jun 17, 2026 | BORGES FRANCISCO L Director | Gift | 24,159 | $0 |
| May 29, 2026 | Radtke Lorin Director | Sale | 1,047 | $77.8K |
| May 28, 2026 | BORGES FRANCISCO L Director | Gift | 74 | $0 |
| May 21, 2026 | BORGES FRANCISCO L Director | Gift | 427 | $0 |
| May 11, 2026 | Bailenson Robert Chief Operating Officer | Sale | 17,647 | $1.38M |
| May 11, 2026 | Bailenson Robert Chief Operating Officer | Sale | 32,353 | $2.55M |
| May 1, 2026 | Kreczko Alan J Director | Award | 3,936 | $0 |
| May 1, 2026 | Chow Ling General Counsel and Secretary | Award | 5,970 | $0 |
| May 1, 2026 | Omura Yukiko Director | Award | 1,756 | $0 |
| May 1, 2026 | Rosenblum Benjamin G. CFO | Tax withheld | 637 | $51.5K |
| May 1, 2026 | Radtke Lorin Director | Award | 2,422 | $0 |
| May 1, 2026 | Batten Mark Director | Award | 2,240 | $0 |
| May 1, 2026 | BORGES FRANCISCO L Director | Award | 5,934 | $0 |
| May 1, 2026 | Howard Bonnie L. Director | Award | 1,756 | $0 |
| May 1, 2026 | Donnarumma Stephen Chief Credit Officer | Award | 3,490 | $0 |
| May 1, 2026 | JONES THOMAS W Director | Award | 1,756 | $0 |
| May 1, 2026 | Ursano Antonio Jr. Director | Award | 1,756 | $0 |
| May 1, 2026 | Shea Courtney C. Director | Award | 1,756 | $0 |
| May 1, 2026 | FREDERICO DOMINIC President/CEO/Deputy Chairman | Award | 33,980 | $0 |
| May 1, 2026 | Bailenson Robert Chief Operating Officer | Award | 7,806 | $0 |
| May 1, 2026 | Horn Holly Chief Surveillance Officer | Award | 2,755 | $0 |
| Apr 30, 2026 | Radtke Lorin Director | Tax withheld | 365 | $29.9K |
| Apr 30, 2026 | Kreczko Alan J Director | Tax withheld | 626 | $51.3K |
| Apr 30, 2026 | Omura Yukiko Director | Tax withheld | 748 | $61.3K |
| Apr 30, 2026 | Batten Mark Director | Tax withheld | 961 | $78.7K |
| Apr 30, 2026 | BORGES FRANCISCO L Director | Tax withheld | 1,277 | $104.6K |
| Apr 30, 2026 | Howard Bonnie L. Director | Tax withheld | 365 | $29.9K |
| Apr 30, 2026 | Ursano Antonio Jr. Director | Tax withheld | 365 | $29.9K |
| Apr 30, 2026 | JONES THOMAS W Director | Tax withheld | 365 | $29.9K |
| Apr 30, 2026 | Shea Courtney C. Director | Tax withheld | 365 | $29.9K |
| Mar 30, 2026 | BORGES FRANCISCO L Director | Sale | 123,750 | $9.93M |
| Mar 30, 2026 | BORGES FRANCISCO L Director | Gift | 1,250 | $0 |
| Mar 23, 2026 | FREDERICO DOMINIC President/CEO/Deputy Chairman | Sale | 29,998 | $2.44M |
| Mar 20, 2026 | FREDERICO DOMINIC President/CEO/Deputy Chairman | Sale | 20,002 | $1.62M |
| Mar 4, 2026 | Radtke Lorin Director | Sale | 1,219 | $106.2K |
| Feb 23, 2026 | Gana Jorge A. Chief Risk Officer | Tax withheld | 318 | $27.1K |
| Feb 23, 2026 | Horn Holly Chief Surveillance Officer | Tax withheld | 445 | $37.9K |
| Feb 23, 2026 | Bailenson Robert Chief Operating Officer | Tax withheld | 9,494 | $808.0K |
| Feb 23, 2026 | Donnarumma Stephen Chief Credit Officer | Tax withheld | 4,244 | $361.2K |
| Feb 23, 2026 | Chow Ling General Counsel and Secretary | Tax withheld | 7,835 | $666.8K |
| Feb 23, 2026 | FREDERICO DOMINIC President/CEO/Deputy Chairman | Tax withheld | 34,785 | $2.96M |
| Feb 23, 2026 | Rosenblum Benjamin G. CFO | Tax withheld | 1,220 | $103.8K |
| Feb 23, 2026 | Bieling Laura Chief Accounting Officer | Tax withheld | 416 | $35.4K |
| Feb 22, 2026 | Donnarumma Stephen Chief Credit Officer | Tax withheld | 2,767 | $244.6K |
| Feb 22, 2026 | Bailenson Robert Chief Operating Officer | Tax withheld | 8,422 | $744.4K |
| Feb 22, 2026 | Bailenson Robert Chief Operating Officer | Award | 16,496 | $0 |
| Feb 22, 2026 | Donnarumma Stephen Chief Credit Officer | Award | 7,376 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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