White Mountains Insurance Group Quarterly Income Statement
NYSE: WTMFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
White Mountains Insurance Group revenue and earnings
In the quarter ended Jun 30, 2026, White Mountains Insurance Group generated $844.6 million in revenue, up 22.5% from the same quarter a year earlier. Net income was $199.5 million (+62.3% year over year), for a net margin of 23.6% versus a median of 13.2% in the prior 5 quarters. Gross margin was 90.5% (down from 93.8%).
Diluted earnings per share came in at $80.58, up from $47.75.
Summary generated from market data by MetaCap's automated system. Methodology
White Mountains Insurance Group income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 844.60M | 517.80M | 1.60B | 864.20M | 689.20M | 577.80M | 358.00M | 839.10M | 395.40M | 647.30M | 736.80M | 519.60M |
| Revenue growth (YoY) | +22.55% | -10.38% | +347.99% | +2.99% | +74.30% | -10.74% | -51.41% | +61.49% | +4.49% | +21.70% | +68.37% | +35.59% |
| Cost of Revenue | 80.10M | 42.70M | 46.60M | 55.30M | 42.40M | 7.50M | 7.40M | 7.60M | 7.00M | 7.60M | 6.90M | 8.00M |
| Gross Profit | 764.50M | 475.10M | 1.56B | 808.90M | 646.80M | 570.30M | 350.60M | 831.50M | 388.40M | 639.70M | 729.90M | 511.60M |
| Operating Expenses | 588.60M | 543.30M | 702.80M | 685.40M | 512.70M | 505.40M | 478.70M | 599.60M | 430.10M | 414.70M | 409.00M | 498.50M |
| Interest Expense | 19.80M | 19.30M | 22.10M | 19.90M | 18.60M | 17.80M | 14.10M | 16.70M | 14.80M | 15.20M | 17.80M | 15.70M |
| Pretax Income | 256.00M | -25.50M | 901.00M | 178.80M | 176.50M | 72.40M | -120.70M | 239.50M | -34.70M | 232.60M | 327.80M | 21.10M |
| Income Tax | 24.80M | 800.00K | 87.30M | 17.10M | 12.90M | 9.60M | 3.70M | 11.60M | 6.50M | 10.80M | -34.90M | 7.30M |
| Net Income | 199.50M | -27.20M | 835.80M | 113.80M | 122.90M | 33.90M | -130.40M | 179.00M | -54.60M | 236.40M | 286.50M | 23.60M |
| Net Income growth (YoY) | +62.33% | -180.24% | — | -36.42% | — | -85.66% | -145.51% | +658.47% | -378.57% | +31.70% | +609.16% | -97.34% |
| EPS (Basic) | 80.58 | -12.59 | 325.02 | 44.18 | 47.75 | 13.19 | -50.98 | 69.68 | -21.24 | 92.33 | 111.93 | 9.19 |
| EPS (Diluted) | 80.58 | -12.59 | 325.02 | 44.18 | 47.75 | 13.19 | -50.98 | 69.68 | -21.24 | 92.33 | 111.93 | 9.19 |
| Shares Outstanding (Basic) | 2.41M | 2.45M | — | 2.54M | 2.54M | 2.54M | — | 2.53M | 2.53M | 2.53M | — | 2.52M |
| Shares Outstanding (Diluted) | 2.41M | 2.45M | — | 2.54M | 2.54M | 2.54M | — | 2.53M | 2.53M | 2.53M | — | 2.52M |
| Gross Margin | 90.52% | 91.75% | 97.09% | 93.60% | 93.85% | 98.70% | 97.93% | 99.09% | 98.23% | 98.83% | 99.06% | 98.46% |
| Net Margin | 23.62% | -5.25% | 52.11% | 13.17% | 17.83% | 5.87% | -36.42% | 21.33% | -13.81% | 36.52% | 38.88% | 4.54% |
This table shows 12 quarterly periods of White Mountains Insurance Group's income statement, from Q2 2026 back to Q3 2023, across 14 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WTM's reporting calendar. What is a income statement?