Kingsway Q1 revenue up 37% to $39M; adjusted EBITDA $2.4M; reiterates 3-5 acquisitions for 2026

KINGSWAY FINANCIAL SERVICES INC

2026-Q1 EPS reported -$0.10 revenue$38,959,000

Consolidated revenue grew 37% YoY to $39.0M; KSX revenue surged 81% to $21.1M.
Consolidated adjusted EBITDA rose to $2.4M vs $1.4M; KSX adjusted EBITDA up 82% to $3.5M.
Net loss narrowed to $2.2M from $3.1M; total net debt $63.9M as of March 31.
Portfolio LTM EBITDA estimated at $22M-$23M; target of 3-5 acquisitions in 2026 reiterated.
Board elected Adam Patinkin Chairman, approved proposed name change to Kingsway Corporation and ticker to KWY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

KINGSWAY FINANCIAL SERVICES INC reported three months ended March 31, 2026 results: revenue $39.0 million. Guidance reaffirmed.

Period: three months ended March 31, 2026
Revenue: $39.0 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

99.1 ex_933530.htm Exhibit 99.1 KINGSWAY REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS -- Q1 2026 Ahead of Budget for both KSX and Extended Warranty-- -- Revenue Growth of 37% to $39.0 Million -- -- KSX Revenue Growth of 81% to $21.1 Million -- -- Extended Warranty Revenue Growth of 7% to $17.9 Million -- -- Reiterates Target of Three to Five Acquisitions in 2026 -- --

View on SEC.gov

Browse all earnings releases →

KINGSWAY FINANCIAL SERVICES INC filing history →

Source: SEC EDGAR

accession 0001437749-26-015595

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.