AXIS CAPITAL HOLDINGS LIMITED (AXS) FY2026 Q2 P&L / Income Statement
2026-04-01 to 2026-06-30
Revenue by Product and Service
2026-04-01 to 2026-06-30
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AXIS CAPITAL HOLDINGS LIMITED (AXS) FY2026 Q2 P&L / Income Statement
Income statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 1,752,914,000 US dollars
- Total expenses
- 1,436,723,000 US dollars
- Operating profit (calculated)
- 316,191,000 US dollars
- Other income (expense), net (calculated)
- 0 US dollars
- Income before income taxes and interest in income (loss) of equity method investments
- 316,191,000 US dollars
- Income tax expense
- 61,404,000 US dollars
- Net income
- 258,095,000 US dollars
- Net premiums earned
- 1,518,984,000 US dollars
- Net investment income
- 181,594,000 US dollars
- Other insurance related income
- 5,601,000 US dollars
- Total net investment gains
- 46,735,000 US dollars
- Foreign exchange losses (gains)
- negative 2,344,000 US dollars
- Reorganization expenses
- 5,546,000 US dollars
- Interest expense and financing costs
- 16,838,000 US dollars
- Acquisition costs
- 316,268,000 US dollars
- General and administrative expenses
- 164,889,000 US dollars
- Amortization of intangible assets
- 2,396,000 US dollars
- Net losses and loss expenses
- 933,130,000 US dollars
- Interest in income (loss) of equity method investments
- 3,308,000 US dollars. Reported below-tax contribution to net income.
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- Revenue minus operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.

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Operating margin
18.0%
Operating profit / revenue
Cash conversion
244.7%
Operating cash / net income, same period
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