Citizens Inc Q1 revenue $59.7M (+7% YoY); net income turns to $2.3M

CITIZENS, INC.

Total revenues $59.7M, up 7% from $55.7M; net income $2.3M vs $1.6M loss year ago.
Adjusted net income $1.3M ($0.03 diluted share) vs $1.0M ($0.02) YoY; adjusted revenue $58.7M.
Book value per Class A share $4.74, up 8% from $4.37; adjusted book value $6.48.
First year premiums grew YoY for 14 consecutive quarters; no debt and cash $18.5M.
Management expects full-year 2026 revenue and profit growth; recurring revenue base scaling.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CITIZENS, INC. reported first quarter ended March 31, 2026 results: revenue $59.7 million, net income $2.3 million, EPS $0.04 income per fully diluted Class A share.

Period: first quarter ended March 31, 2026
Revenue: $59.7 million
Net income: $2.3 million
EPS: $0.04 income per fully diluted Class A share
Result: reported results

Exact text from the filing

Total revenues of $59.7 million in Q1 2026, up 7% from $55.7 million in the year-ago quarter.

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Source: SEC EDGAR

accession 0000024090-26-000026

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