AXIS CAPITAL HOLDINGS LIMITED (AXS) FY2026 Q2 P&L / Income Statement

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 StatementIncome statement for 2026-04-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEOPERATINGPRE-TAXNETNet premiums earnedNet investment incomeTotal net investment gainsOther insurance related incomeTotal revenuesOperating profit (calculated)Total expensesNet losses and loss expensesAcquisition costsGeneral and administrative expensesInterest expense and financing costsReorganization expensesAmortization of intangible assetsForeign exchange losses (gains)Income before income taxes and interest in income (loss) of equity method investmentsNet incomeIncome tax expenseInterest in income (loss) of equity method investmentsInterest in income (loss) of equity method investmentsInterest in income(loss) of equitymethod investments$3.31 MOperating profit (calculated)Operating profit(calculated)$316.19 MTotal revenuesTotal revenues$1.75 BIncome before income taxes and interest in income (loss) of equity method investmentsPretax income$316.19 MNet incomeNet income$258.10 MTotal expensesTotal expenses$1.44 BNet premiums earnedNet premiums earned$1.52 BIncome tax expenseIncome tax expense$61.40 MNet losses and loss expensesNet losses and loss expenses$933.13 MNet investment incomeNet investment income$181.59 MAcquisition costsAcquisition costs$316.27 MTotal net investment gainsTotal net investment gains$46.74 MGeneral and administrative expensesGeneral andadministrative expenses$164.89 MOther insurance related incomeOther insurance related income$5.60 MInterest expense and financing costsInterest expenseand financing costs$16.84 MReorganization expensesReorganization expenses$5.55 MAmortization of intangible assetsAmortization of intangible assets$2.40 MForeign exchange losses (gains)Foreign exchange losses (gains)−$2.34 M
Chart details

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.

Chart connections

  • 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.
AXIS CAPITAL HOLDINGS LIMITED (AXS) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Operating margin

18.0%

Operating profit / revenue

Cash conversion

244.7%

Operating cash / net income, same period

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