JAMES RIVER GROUP HOLDINGS, INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $687.6M | $707.6M | $812.0M | $661.5M | $609.0M | $668.7M | $907.1M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $74.1M | $-46.5M | $111.5M | $67.1M | $-99.2M | $22.0M | $62.5M |
| Operating Margin | — | 10.8% | -6.6% | 13.7% | 10.2% | -16.3% | 3.3% | 6.9% |
| Interest Expense | — | $23.5M | $24.7M | $24.6M | $13.9M | $8.9M | $10.0M | $10.6M |
| Pretax Income | — | $50.5M | $-71.1M | $86.9M | $53.3M | $-108.1M | $11.9M | $51.9M |
| Income Tax Expense | — | $723.0K | $-7.6M | $25.7M | $18.4M | $-23.2M | $7.1M | $13.5M |
| Net Income | — | $47.4M | $-81.1M | $-107.7M | $31.0M | $-172.8M | $4.8M | $38.3M |
| Net Margin | — | 6.9% | -11.5% | -13.3% | 4.7% | -28.4% | 0.7% | 4.2% |
| EPS (Basic) | — | $0.86 | $-3.06 | $-3.14 | $0.59 | $-4.94 | $0.16 | $1.27 |
| EPS (Diluted) | — | $0.79 | $-3.06 | $-3.13 | $0.59 | $-4.94 | $0.16 | $1.25 |
| Shares Outstanding (Basic) | 46.0M | 46.0M | 38.7M | 37.6M | 37.4M | 35.0M | 30.6M | 30.3M |
| Shares Outstanding (Diluted) | 46.0M | 60.0M | 38.7M | 37.8M | 37.7M | 35.0M | 30.9M | 30.7M |
| Dividends Per Share | — | $0.04 | $0.16 | $0.20 | $0.20 | $1.20 | $1.20 | $1.20 |