earnings
confidence high
sentiment positive
materiality 0.75
Accelerant Q1 Exchange Written Premium $1.14B +16% YoY; Adjusted net income $38M +118%
Accelerant Holdings
- Q1 Exchange Written Premium $1.14B, +16% YoY; Third-Party DWP 41% of volume vs 19% prior year.
- GAAP net loss $4M ($0.02 loss per share); adjusted net income $38M ($0.17 adj. EPS), up 118% YoY.
- Adjusted EBITDA $66M; fee-based operating revenue grew 52% and adj. EBITDA up 112% YoY.
- Q2 2026 guidance: Adj. EBITDA $60-$66M; FY 2026 adj. EBITDA at least $285M ($276M fee-based).
- Repurchased 828,333 Class A shares for $11M during Q1.