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

Revenue by Product and Service

2026-01-01 to 2026-06-30

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AXIS CAPITAL HOLDINGS LIMITED (AXS) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 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 expensesForeign exchange losses (gains)Interest expense and financing costsReorganization expensesAmortization of intangible assetsIncome 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$5.74 MOperating profit (calculated)Operating profit(calculated)$624.33 MTotal revenuesTotal revenues$3.40 BIncome before income taxes and interest in income (loss) of equity method investmentsPretax income$624.33 MNet incomeNet income$512.86 MTotal expensesTotal expenses$2.77 BNet premiums earnedNet premiums earned$3.00 BIncome tax expenseIncome tax expense$117.21 MNet losses and loss expensesNet losses and loss expenses$1.80 BNet investment incomeNet investment income$366.33 MAcquisition costsAcquisition costs$620.52 MTotal net investment gainsTotal net investment gains$19.51 MGeneral and administrative expensesGeneral andadministrative expenses$323.05 MOther insurance related incomeOther insurance related income$11.25 MForeign exchange losses (gains)Foreign exchange losses (gains)−$38.54 MInterest expense and financing costsInterest expenseand financing costs$33.27 MReorganization expensesReorganization expenses$28.72 MAmortization of intangible assetsAmortization of intangible assets$4.79 M
Chart details

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

Income statement for 2026-01-01 through 2026-06-30. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total revenues
3,396,547,000 US dollars
Total expenses
2,772,215,000 US dollars
Operating profit (calculated)
624,332,000 US dollars
Other income (expense), net (calculated)
0 US dollars
Income before income taxes and interest in income (loss) of equity method investments
624,332,000 US dollars
Income tax expense
117,211,000 US dollars
Net income
512,859,000 US dollars
Net premiums earned
2,999,451,000 US dollars
Net investment income
366,333,000 US dollars
Other insurance related income
11,249,000 US dollars
Total net investment gains
19,514,000 US dollars
Foreign exchange losses (gains)
negative 38,539,000 US dollars
Reorganization expenses
28,715,000 US dollars
Interest expense and financing costs
33,265,000 US dollars
Acquisition costs
620,524,000 US dollars
General and administrative expenses
323,046,000 US dollars
Amortization of intangible assets
4,792,000 US dollars
Net losses and loss expenses
1,800,412,000 US dollars
Interest in income (loss) of equity method investments
5,738,000 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 YTD 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

18.4%

Operating profit / revenue

Cash conversion

224.4%

Operating cash / net income, same period

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