Jun 2026 (Q2 FY26) — Aug 11, 2026
James River Group Q2 FY26 — E&S Profitability and Expense Discipline Drive Results Amidst Market Transition
Read the full callJames River Group earnings: last reported Tue, 11 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 | 161 | −7.7% 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 | 6.4 | +34.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $5.23 on 17 Oct 2025 → $3.86. High $7.13 (2 Mar 2026), low $3.41 (29 Sept 2026).
Overview
Call summaries
James River Group Q2 FY26 — E&S Profitability and Expense Discipline Drive Results Amidst Market Transition
Read the full callEvery analysed call
Financials
Net profit, year on year: +34% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 191 | 127 | 172 | 175 | 173 | 168 | 151 | 161 |
| Interest | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Profit before tax | -52 | -72 | 16 | 7 | 3 | 25 | -11 | 8 |
| Tax rate | 26.8% | 12.3% | 31.4% | 30.1% | 39.9% | −30.8% | 17.5% | 21.8% |
| Net profit | -39 | -65 | 10 | 5 | 1 | 32 | -9 | 6 |
| EPS ($ per share) | -1.10 | — | 0.17 | 0.06 | 0.02 | — | -0.23 | 0.10 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | — | — | — |
| Reserves | 80 | 90 | 49 | -167 | -152 | -278 | -402 | -365 |
| Total liabilities | 2,428 | 4,246 | 4,267 | 4,223 | 4,438 | 4,638 | 4,413 | 4,189 |
| Fixed assets | 23 | 2 | 1 | 1 | 1 | 17 | 20 | 22 |
| Investments | 82 | — | — | — | — | — | — | — |
| Total assets | 3,137 | 5,024 | 5,063 | 4,949 | 5,137 | 5,317 | 5,007 | 4,860 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 290 | 1,489 | -274 | -914 | 223 | 88 | -247 | -19 |
| Cash from investing | -267 | -263 | -176 | 36 | -328 | 17 | 307 | -116 |
| Cash from financing | -14 | 8 | 66 | 148 | 90 | -21 | -29 | 13 |
| Net cash flow | 9 | 1,234 | -384 | -730 | -16 | 84 | 31 | -122 |
| Capital expenditure | — | -1 | -1 | -6 | -8 | -6 | -5 | -5 |
| Free cash flow | — | 1,489 | -274 | -920 | 215 | 82 | -252 | -24 |
40 filings between Nov 9, 2025 and Aug 12, 2026.
Nobody bought or sold JRVR on the open market in this window. The filings below are 18 awards and 22 tax withholdings.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 12, 2026 | Basu Rajiv Director | Award | 18,632 | $0 |
| Aug 6, 2026 | Sutherland Todd Randell President, E&S Lines Segment | Tax withheld | 4,310 | $20.6K |
| May 4, 2026 | Sutherland Todd Randell President, E&S Lines Segment | Tax withheld | 937 | $5.7K |
| Mar 5, 2026 | D'Orazio Frank Chief Executive Officer | Tax withheld | 14,128 | $91.0K |
| Mar 5, 2026 | Doran Sarah C. Chief Financial Officer | Tax withheld | 8,741 | $56.3K |
| Mar 5, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Tax withheld | 4,126 | $26.6K |
| Mar 5, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Tax withheld | 8,939 | $57.6K |
| Mar 5, 2026 | McCoy James Paul Senior Vice President | Tax withheld | 4,517 | $29.1K |
| Mar 4, 2026 | Crow Michael E Principal Accounting Officer | Award | 41,686 | $0 |
| Mar 4, 2026 | Gould Kirstin Director | Award | 14,409 | $0 |
| Mar 4, 2026 | D'Orazio Frank Chief Executive Officer | Award | 143,461 | $0 |
| Mar 4, 2026 | Langwell Dennis J. Director | Award | 14,409 | $0 |
| Mar 4, 2026 | Brown Thomas Lynn Director | Award | 14,409 | $0 |
| Mar 4, 2026 | Cavaness Joel D Director | Award | 14,409 | $0 |
| Mar 4, 2026 | Doran Sarah C. Chief Financial Officer | Award | 42,446 | $0 |
| Mar 4, 2026 | Migliorato Peter B. Director | Award | 14,409 | $0 |
| Mar 4, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Award | 26,714 | $0 |
| Mar 4, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Award | 32,799 | $0 |
| Mar 4, 2026 | McCoy James Paul Senior Vice President | Award | 18,912 | $0 |
| Mar 4, 2026 | LaSala Christine Director | Award | 21,613 | $0 |
| Mar 4, 2026 | Sutherland Todd Randell President, E&S Lines Segment | Award | 28,818 | $0 |
| Mar 2, 2026 | D'Orazio Frank Chief Executive Officer | Award | 13,597 | $0 |
| Mar 2, 2026 | D'Orazio Frank Chief Executive Officer | Tax withheld | 4,793 | $34.2K |
| Mar 2, 2026 | Doran Sarah C. Chief Financial Officer | Award | 8,085 | $0 |
| Mar 2, 2026 | Doran Sarah C. Chief Financial Officer | Tax withheld | 2,728 | $19.5K |
| Mar 2, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Award | 3,122 | $0 |
| Mar 2, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Tax withheld | 1,054 | $7.5K |
| Mar 2, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Award | 6,247 | $0 |
| Mar 2, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Tax withheld | 1,853 | $13.2K |
| Mar 1, 2026 | Crow Michael E Principal Accounting Officer | Tax withheld | 1,111 | $7.8K |
| Mar 1, 2026 | D'Orazio Frank Chief Executive Officer | Tax withheld | 2,332 | $16.3K |
| Mar 1, 2026 | D'Orazio Frank Chief Executive Officer | Tax withheld | 6,030 | $42.2K |
| Mar 1, 2026 | Doran Sarah C. Chief Financial Officer | Tax withheld | 1,246 | $8.7K |
| Mar 1, 2026 | Doran Sarah C. Chief Financial Officer | Tax withheld | 3,283 | $23.0K |
| Mar 1, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Tax withheld | 482 | $3.4K |
| Mar 1, 2026 | Miller Jeanette L SVP, Chief Legal Officer | Tax withheld | 1,550 | $10.8K |
| Mar 1, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Tax withheld | 1,274 | $8.9K |
| Mar 1, 2026 | Hoffmann Michael J. SVP Chief Underwriting Officer | Tax withheld | 3,357 | $23.5K |
| Mar 1, 2026 | McCoy James Paul Senior Vice President | Tax withheld | 1,771 | $12.4K |
| Nov 9, 2025 | McCoy James Paul Senior Vice President | Tax withheld | 1,130 | $6.2K |
| Aug 6, 2025 | Sutherland Todd Randell President, E&S Lines Segment | Award | 42,955 | $0 |
| Jul 24, 2025 | Cavaness Joel D Director | Award | 5,479 | $0 |
| Jun 2, 2025 | Sutherland Todd Randell President, E&S Lines Segment | Purchase | 17,000 | $99.8K |
| May 20, 2025 | Migliorato Peter B. Director | Purchase | 18,500 | $101.1K |
| May 19, 2025 | LaSala Christine Director | Purchase | 29,125 | $152.2K |
| Mar 5, 2025 | Doran Sarah C. Chief Financial Officer | Award | 77,717 | $0 |
| Mar 5, 2025 | Bowman William K Pres & CEO- Sp Adm Ins Sgmt | Award | 40,760 | $0 |
| Mar 5, 2025 | D'Orazio Frank Chief Executive Officer | Award | 131,334 | $0 |
| Mar 5, 2025 | Hoffmann Michael J. SVP Chief Underwriting Officer | Award | 60,054 | $0 |
| Mar 5, 2025 | McCoy James Paul Senior Vice President | Award | 35,665 | $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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