Jun 2026 (Q2 FY26) — Aug 6, 2026
Burford Capital Q2 FY26 — Strong Cash Generation and Portfolio Momentum
Read the full callBurford Capital (BUR) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Burford Capital earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 111 | −42.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 57.1 | −17.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 2.2 | −97.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
$3.08 +2.67% · +$0.08
Performance −71.3% 1Y
1Y: $10.72 on 17 Oct 2025 → $3.08. High $11.29 (27 Oct 2025), low $3 (16 Oct 2026).
- Previous close
- $3
- 52-week range
- $3 – $11.29
- One year
- −71.24%
Overview
- Symbol
- BUR
- Sector
- Financials
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
Burford Capital earnings calls (BUR)
Financials
What the filings say
Net profit, year on year: −98% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 249 | 93 | 119 | 191 | 70 | 33 | -1,720 | 111 |
| Operating profit | 202 | 53 | 78 | 142 | 25 | -13 | -1,570 | 63 |
| Operating margin | 81.2% | 56.7% | 65.4% | 74.3% | 35.5% | −37.9% | 91.3% | 57.1% |
| Other income | -33 | -37 | -33 | -32 | -41 | -41 | -65 | -49 |
| Interest | 34 | 34 | 34 | 34 | 42 | 42 | 50 | 50 |
| Profit before tax | 169 | 16 | 44 | 110 | -16 | -54 | -1,636 | 14 |
| Tax rate | 6.8% | 13.9% | 17.0% | 4.2% | −22.9% | 7.6% | 0.1% | 32.1% |
| Net profit | 136 | -13 | 31 | 88 | -19 | -37 | -1,632 | 2 |
| EPS ($ per share) | 0.62 | — | 0.14 | 0.40 | -0.09 | — | -7.46 | 0.01 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 599 | 599 | 599 | 602 | 610 | 615 |
| Reserves | — | 1,136 | 1,068 | 1,074 | 1,649 | 1,766 | 1,801 |
| Total liabilities | — | 1,244 | 1,633 | 1,901 | 2,630 | 2,918 | 3,513 |
| Fixed assets | — | 3 | 2 | 1 | 4 | 3 | 3 |
| Investments | — | 5 | 22 | 1 | 13 | 320 | 377 |
| Total assets | — | 3,268 | 3,742 | 4,288 | 5,837 | 6,175 | 6,641 |
| Line item | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -274 | 54 | -585 | -466 | -275 | 217 | -29 |
| Cash from investing | -3 | -0 | -0 | -0 | -3 | -1 | -9 |
| Cash from financing | 155 | -5 | 445 | 399 | 390 | 34 | 132 |
| Capital expenditure | -3 | -0 | -0 | -0 | -3 | -1 | -0 |
| Free cash flow | -277 | 53 | -586 | -467 | -278 | 216 | -29 |
Insider filings
33 filings between Mar 26, 2026 and Jun 15, 2026.
Open market
decisions to buy or sellNobody bought or sold BUR on the open market in this window. The filings below are 6 awards, 17 option exercises and 10 tax withholdings.
Compensation
not trading decisions- 6
- Award — granted as compensation
- 17
- Option exercise — converted options into shares
- 10
- Tax withheld — shares kept back by the company to cover tax
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Jun 15, 2026 | Dames Rukia Baruti Director | Award | 11,203 | $0 |
| Jun 15, 2026 | Corrie Pamela B Director | Award | 11,203 | $0 |
| Jun 15, 2026 | Gillespie Robert Andrew Joseph Director | Award | 11,203 | $0 |
| Jun 15, 2026 | Noel Ricky J. Director | Award | 7,121 | $0 |
| Jun 15, 2026 | Halmy Christopher A Director | Award | 22,406 | $0 |
| Jun 15, 2026 | Sievwright John P. Director | Award | 32,076 | $0 |
| Jun 15, 2026 | OCONNELL ELIZABETH Chief Strategy Officer | Option exercise | 42,112 | $0 |
| Jun 15, 2026 | OCONNELL ELIZABETH Chief Strategy Officer | Tax withheld | 9,265 | $43.0K |
| Jun 15, 2026 | BOGART CHRISTOPHER P Chief Executive Officer | Option exercise | 121,880 | $0 |
| Jun 15, 2026 | BOGART CHRISTOPHER P Chief Executive Officer | Tax withheld | 18,294 | $84.9K |
| Mar 26, 2026 | BOGART CHRISTOPHER P Chief Executive Officer | Tax withheld | 1,104 | $8.5K |
| Mar 26, 2026 | Klein Mark N. GC&ChiefAdministrative Officer | Option exercise | 18,437 | $0 |
| Mar 26, 2026 | Klein Mark N. GC&ChiefAdministrative Officer | Option exercise | 14,197 | $0 |
| Mar 26, 2026 | Klein Mark N. GC&ChiefAdministrative Officer | Option exercise | 3,791 | $0 |
| Mar 26, 2026 | Klein Mark N. GC&ChiefAdministrative Officer | Tax withheld | 18,148 | $139.7K |
| Mar 26, 2026 | Lenkner Travis Chief Development Officer | Option exercise | 1,100 | $0 |
| Mar 26, 2026 | Lenkner Travis Chief Development Officer | Tax withheld | 517 | $4.0K |
| Mar 26, 2026 | Arnott Craig Chief Investment Officer-Int'l | Option exercise | 18,437 | $0 |
| Mar 26, 2026 | Arnott Craig Chief Investment Officer-Int'l | Option exercise | 14,197 | $0 |
| Mar 26, 2026 | Arnott Craig Chief Investment Officer-Int'l | Option exercise | 3,791 | $0 |
| Mar 26, 2026 | Licht Jordan David Chief Financial Officer | Option exercise | 18,437 | $0 |
| Mar 26, 2026 | Licht Jordan David Chief Financial Officer | Option exercise | 14,197 | $0 |
| Mar 26, 2026 | Licht Jordan David Chief Financial Officer | Option exercise | 3,791 | $0 |
| Mar 26, 2026 | Licht Jordan David Chief Financial Officer | Tax withheld | 18,597 | $143.2K |
| Mar 26, 2026 | Utley Charles Chief Accounting Officer | Option exercise | 16,962 | $0 |
| Mar 26, 2026 | Utley Charles Chief Accounting Officer | Option exercise | 4,044 | $0 |
| Mar 26, 2026 | Utley Charles Chief Accounting Officer | Tax withheld | 8,466 | $65.2K |
| Mar 26, 2026 | OCONNELL ELIZABETH Chief Strategy Officer | Option exercise | 18,437 | $0 |
| Mar 26, 2026 | OCONNELL ELIZABETH Chief Strategy Officer | Option exercise | 14,197 | $0 |
| Mar 26, 2026 | OCONNELL ELIZABETH Chief Strategy Officer | Tax withheld | 13,029 | $100.3K |
| Mar 26, 2026 | Molot Jonathan Todd Chief Investment Officer | Tax withheld | 1,104 | $8.5K |
| Mar 26, 2026 | Perla David Vice Chair | Option exercise | 2,686 | $0 |
| Mar 26, 2026 | Perla David Vice Chair | Tax withheld | 1,739 | $13.4K |
| Oct 1, 2025 | Licht Jordan David Chief Financial Officer | Tax withheld | 52,690 | $638.1K |
| Oct 1, 2025 | Licht Jordan David Chief Financial Officer | Option exercise | 51,606 | $0 |
| Oct 1, 2025 | Licht Jordan David Chief Financial Officer | Option exercise | 51,606 | $0 |
| Sep 30, 2025 | OCONNELL ELIZABETH Chief Strategy Officer | Gift | 96,138 | $0 |
| Sep 30, 2025 | BOGART CHRISTOPHER P Chief Executive Officer | Gift | 96,138 | $0 |
| Aug 21, 2025 | Molot Jonathan Todd Chief Investment Officer | Gift | 21,035 | $0 |
| Aug 21, 2025 | Molot Jonathan Todd Chief Investment Officer | Gift | 21,035 | $0 |
| Jul 9, 2025 | Perla David Vice Chair | Sale 10b5-1 plan | 7,000 | $102.2K |
| Jul 9, 2025 | Will Aviva O. President | Sale 10b5-1 plan | 17,500 | $255.4K |
| Jul 9, 2025 | Molot Jonathan Todd Chief Investment Officer | Sale 10b5-1 plan | 210,000 | $3.06M |
| Jul 9, 2025 | BOGART CHRISTOPHER P Chief Executive Officer | Sale 10b5-1 plan | 210,000 | $3.06M |
| Jun 6, 2025 | BOGART CHRISTOPHER P Chief Executive Officer | Option exercise | 50,005 | $0 |
| Jun 6, 2025 | BOGART CHRISTOPHER P Chief Executive Officer | Tax withheld | 13,328 | $171.4K |
| Jun 6, 2025 | Perla David Vice Chair | Option exercise | 5,995 | $0 |
| Jun 6, 2025 | Perla David Vice Chair | Tax withheld | 1,312 | $16.9K |
| Jun 6, 2025 | Molot Jonathan Todd Chief Investment Officer | Option exercise | 54,736 | $0 |
| Jun 6, 2025 | Molot Jonathan Todd Chief Investment Officer | Tax withheld | 15,305 | $196.8K |
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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