Octave Specialty Q1: Insurance Distribution revenue soars 92%; net loss narrows to $6.9M on Everspan litigation charge

OCTAVE SPECIALTY GROUP INC

2026-Q1 EPS reported -$0.13 revenue$104,170,000

Total P&C premium production up 66% to $531M; Insurance Distribution revenue grew 92% to $79M, with organic growth of 42%.
Adjusted net income to shareholders of $16.6M ($0.37/diluted share) vs net loss of $6.0M in Q1 2025.
Insurance Distribution segment net income of $13M vs loss of $3M; Adjusted EBITDA $25M vs $7M.
Specialty P&C (Everspan) gross written premiums up 19% to $104M, but net loss of $8M due to $7.9M loss/LAE from litigation settlement.
Corporate segment net loss narrowed to $12M from $14M; weighted-average diluted shares 45.3M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

OCTAVE SPECIALTY GROUP INC reported financial results for first quarter ended March 31, 2026.

Period: first quarter ended March 31, 2026
Result: reported results

Exact text from the filing

On May 6, 2026, Octave Specialty Group, Inc. issued a press release announcing financial results for its first quarter ended March 31, 2026.

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

OCTAVE SPECIALTY GROUP INC filing history →

Source: SEC EDGAR

accession 0001628280-26-031377

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