ARCH CAPITAL GROUP LTD.

ACGL 10-Q · Q1 2026

ACGL Q1 2026 request

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Income Statement

Income Statement
Metric Q1 2026 Q1 2025 YoY
Premiums Earned Net 3,986 4,188 -4.8%
Show Business Segments breakouts
Insurance · Operating Segments 1,871 1,860 +0.6%
Mortgage · Operating Segments 284 300 -5.3%
Reinsurance · Operating Segments 1,831 2,028 -9.7%
Investment Income Net 408 378 +7.9%
Net Realized Gains Losses -87 3 -3000.0%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 17 -63 +127.0%
Other Income 59 53 +11.3%
Show Business Segments breakouts
Insurance · Operating Segments 11 3 +266.7%
Mortgage · Operating Segments 11 11 0.0%
Reinsurance · Operating Segments 37 39 -5.1%
Income Loss From Equity Method Investments 160 53 +201.9%
Other Operating Income Expense Net -5 -2 -150.0%
Revenue 4,521 4,673 -3.3%
Policyholder Benefits And Claims Incurred Net 2,089 2,587 -19.3%
Show Business Segments breakouts
Insurance · Operating Segments 1,126 1,228 -8.3%
Mortgage · Operating Segments 15 3 +400.0%
Reinsurance · Operating Segments 948 1,356 -30.1%
Deferred Policy Acquisition Cost Amortization Expense 730 764 -4.5%
Show Business Segments breakouts
Insurance · Operating Segments 375 343 +9.3%
Mortgage · Operating Segments 8 4 +100.0%
Reinsurance · Operating Segments 347 417 -16.8%
Other Cost And Expense Operating 498 473 +5.3%
General & Administrative 49 60 -18.3%
Amortization Of Intangible Assets 30 49 -38.8%
Interest Expense 37 35 +5.7%
Foreign Currency Transaction Gain Loss Before Tax -21 27 -177.8%
Benefits Losses And Expenses 3,412 3,995 -14.6%
Income Loss From Continuing Operations Before Earnings From Affiliates Income Taxes Noncontrolling Interest 1,109 678 +63.6%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 22 -63 +134.9%
Income Tax Expense (Benefit) -98 -121 +19.0%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income -4 11 -136.4%
Income Loss From Operating Affiliates Equity Method 36 17 +111.8%
Net Income 1,047 574 +82.4%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss · Reclassification Out Of Accumulated Other Comprehensive Income 18 -52 +134.6%
Retained Earnings 1,047 574 +82.4%
Preferred Stock Dividends Income Statement Impact -10 -10 0.0%
Net Income Loss Available To Common Stockholders Basic 1,037 564 +83.9%
EPS (Basic) 2.94 1.51 +94.7%
EPS (Diluted) 2.88 1.48 +94.6%
Wtd Avg Shares (Basic) 353.2 372.9 -5.3%
Wtd Avg Shares (Diluted) 359.7 381.9 -5.8%
Comprehensive Income 709 886 -20.0%
Other Comprehensive Income -338 312 -208.3%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss -338 286 -218.2%
Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1 2,089 2,587 -19.3%
Other Expenses -498 -473 -5.3%
Show Business Segments breakouts
Insurance · Operating Segments -315 -294 -7.1%
Mortgage · Operating Segments -51 -52 +1.9%
Reinsurance · Operating Segments -132 -127 -3.9%

Balance Sheet

Balance Sheet
Metric Q1 2026 Q1 2025 YoY
Current Assets
Cash & Cash Equivalents 914 1,187 -23.0%
Non-Current Assets
Equity Securities Fv Ni Current And Noncurrent 1,766
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 1,731
Fair Value Inputs Level2 26
Fair Value Inputs Level3 9
Show Fair Value By Measurement Basis breakouts
Estimate Of Fair Value Fair Value Disclosure 1,766
Total Assets 81,446 75,176 +8.3%
Show Legal Entity breakouts
2021-3 Ltd. (Sep-21) · Variable Interest Entity Not Primary Beneficiary 20 310 -93.5%
2022-1 Ltd. (Jan-22) · Variable Interest Entity Not Primary Beneficiary 42 194 -78.4%
2022-2 Ltd. (Sep-22) · Variable Interest Entity Not Primary Beneficiary 43 170 -74.7%
2023-1 Ltd. (Oct-23) · Variable Interest Entity Not Primary Beneficiary 136 186 -26.9%
2024-1 Ltd. (Aug-24) · Variable Interest Entity Not Primary Beneficiary 110 163 -32.5%
Bellemeade Re 2025-1 Ltd · Variable Interest Entity Not Primary Beneficiary 181
Show Consolidated Entities breakouts
Variable Interest Entity Not Primary Beneficiary 532 1,023 -48.0%
Other Assets
Other Investments 3,331
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 16
Fair Value Inputs Level1 · Short term investments 11
Fair Value Inputs Level1 · US Treasury And Government 5
Fair Value Inputs Level2 1,276
Fair Value Inputs Level2 · Corporate Debt Securities 1,123
Fair Value Inputs Level2 · Foreign Government Debt Securities 1
Fair Value Inputs Level2 · Other investments 140
Fair Value Inputs Level2 · Short term investments 12
Fair Value Inputs Level3 299
Fair Value Inputs Level3 · Equity Securities 4
Fair Value Inputs Level3 · Other investments 249
Fair Value Inputs Level3 · Short term investments 46
Fair Value Measured At Net Asset Value Per Share · Estimate Of Fair Value Fair Value Disclosure 1,740
Show Financial Instrument breakouts
Corporate Debt Securities · Estimate Of Fair Value Fair Value Disclosure 1,123
Credit related funds 89
Energy 2
Equities 10
Equity Securities 4
Equity Securities · Estimate Of Fair Value Fair Value Disclosure 4
Fixed Income Investments 1,129
Foreign Government Debt Securities · Estimate Of Fair Value Fair Value Disclosure 1
Investment grade fixed income 1,397
Lending 224
Other investments 2,129
Other investments · Estimate Of Fair Value Fair Value Disclosure 389
Private Equity Funds 250
Short term investments 69
Short term investments · Estimate Of Fair Value Fair Value Disclosure 69
Term loan investments 157
US Treasury And Government · Estimate Of Fair Value Fair Value Disclosure 5
Show Fair Value By Measurement Basis breakouts
Estimate Of Fair Value Fair Value Disclosure 3,331
Equity Method Investments 6,652 6,340 +4.9%
Show Financial Instrument breakouts
Credit related funds 1,629 1,522 +7.0%
Energy 38 46 -17.4%
Equity Securities 328 202 +62.4%
Fixed Income Investments 526 449 +17.1%
Infrastructure 334 413 -19.1%
Lending 580 869 -33.3%
Private Equity Funds 2,414 1,978 +22.0%
Real Estate Funds 803 861 -6.7%
Investments 46,786 42,121 +11.1%
Accrued Investment Income Receivable 302 267 +13.1%
Investment In Operating Affiliate Equity Method 1,330 1,305 +1.9%
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Coface 718 650 +10.5%
Greysbridge Holdings Ltd 502 538 -6.7%
Premiums Receivable At Carrying Value 6,526 6,607 -1.2%
Reinsurance Recoverables On Paid And Unpaid Losses 9,732 8,969 +8.5%
Show Counterparty Name breakouts
Somers · Investee 2 1.7 +17.6%
Contractholder Deductibles Receivable 2,253 2,212 +1.9%
Prepaid Reinsurance Premiums 3,183 2,895 +9.9%
Deferred Policy Acquisition Costs 1,774 1,785 -0.6%
Receivables From Brokers Dealers And Clearing Organizations 643 324 +98.5%
Intangible Assets Net Including Goodwill 1,190 1,308 -9.0%
Show Business Segments breakouts
Insurance · Operating Segments 769 878 -12.4%
Mortgage · Operating Segments 328 328 0.0%
Reinsurance · Operating Segments 93 102 -8.8%
Other Assets 6,813
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level2 · Residential Mortgage 35
Show Financial Instrument breakouts
Residential Mortgage · Estimate Of Fair Value Fair Value Disclosure 35
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Greysbridge Holdings Ltd · Equity Method Investee 186
Non-Current Liabilities
Total Liabilities 57,258 53,631 +6.8%
Other Liabilities
Available For Sale Securities Debt Securities 35,037
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level1 · Fixed Maturities 7,422
Fair Value Inputs Level1 · Short Term Investments 2,343
Fair Value Inputs Level1 · US Treasury And Government 7,422
Fair Value Inputs Level2 · Asset Backed Securities 3,712
Fair Value Inputs Level2 · Commercial Mortgage Backed Securities 1,391
Fair Value Inputs Level2 · Corporate Debt Securities 13,690
Fair Value Inputs Level2 · Fixed Maturities 24,832
Fair Value Inputs Level2 · Foreign Government Debt Securities 2,996
Fair Value Inputs Level2 · Municipal Bonds 155
Fair Value Inputs Level2 · Residential Mortgage Backed Securities 2,888
Fair Value Inputs Level2 · Short Term Investments 295
Fair Value Inputs Level3 · Asset Backed Securities 25
Fair Value Inputs Level3 · Corporate Debt Securities 116
Fair Value Inputs Level3 · Fixed Maturities 145
Fair Value Inputs Level3 · Residential Mortgage Backed Securities 4
Show Financial Instrument breakouts
Asset Backed Securities 3,737
Asset Backed Securities · Estimate Of Fair Value Fair Value Disclosure 3,737
Commercial Mortgage Backed Securities 1,391
Commercial Mortgage Backed Securities · Estimate Of Fair Value Fair Value Disclosure 1,391
Corporate Debt Securities 13,806
Corporate Debt Securities · Estimate Of Fair Value Fair Value Disclosure 13,806
Fixed Maturities 32,399
Foreign Government Debt Securities 2,996
Foreign Government Debt Securities · Estimate Of Fair Value Fair Value Disclosure 2,996
Municipal Bonds 155
Municipal Bonds · Estimate Of Fair Value Fair Value Disclosure 155
Residential Mortgage Backed Securities 2,892
Residential Mortgage Backed Securities · Estimate Of Fair Value Fair Value Disclosure 2,892
Short Term Investments 2,638
US Treasury And Government 7,422
US Treasury And Government · Estimate Of Fair Value Fair Value Disclosure 7,422
Show Fair Value By Measurement Basis breakouts
Estimate Of Fair Value Fair Value Disclosure · Fixed Maturities 32,399
Estimate Of Fair Value Fair Value Disclosure · Short Term Investments 2,638
Liability For Claims And Claims Adjustment Expense 34,105 30,946 +10.2%
Unearned Premiums 10,939 11,090 -1.4%
Reinsurance Payable 2,737 2,661 +2.9%
Show Counterparty Name breakouts
Somers · Investee 549 570 -3.7%
Contract Holder Payables 2,260 2,218 +1.9%
Collateral Held For Insured Obligations 260 245 +6.1%
Senior Long Term Notes 2,729 2,728 0.0%
Payables To Broker Dealers And Clearing Organizations 798 578 +38.1%
Other Liabilities 3,430
Show Fair Value Hierarchy breakouts
Fair Value Inputs Level3 14
Show Schedule Of Equity Method Investment Equity Method Investee Name breakouts
Greysbridge Holdings Ltd · Equity Method Investee 186
Show Fair Value By Measurement Basis breakouts
Estimate Of Fair Value Fair Value Disclosure 14
Stockholders' Equity
Preferred Stock Value 830 830 0.0%
Common Stock 1 1 0.0%
Additional Paid In Capital Common Stock 2,831 2,588 +9.4%
Retained Earnings 28,082 23,250 +20.8%
Accumulated Other Comprehensive Income -333 -408 +18.4%
Treasury Stock Value -7,223 -4,716 -53.2%
Total Stockholders' Equity 24,188 21,545 +12.3%
Show Equity Components breakouts
Accumulated Net Unrealized Investment Gain Loss -204 -221 +7.7%
Accumulated Other Comprehensive Income -333 -408 +18.4%
Accumulated Translation Adjustment -129 -187 +31.0%
Additional Paid In Capital 2,831 2,588 +9.4%
Common Stock 1 1 0.0%
Preferred Stock 830 830 0.0%
Retained Earnings 28,082 23,250 +20.8%
Treasury Stock Common -7,223 -4,716 -53.2%
Total Liabilities & Equity 81,446 75,176 +8.3%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q1 2026 YTD Q1 2025 YoY
Operating Activities
Net Realized Gains Losses Cash Flow Statement 91 -6 +1616.7%
Equity Pick Up Investment Funds Accounted For Using Equity Method And Other Income Loss -137 -12 -1041.7%
Stock-Based Compensation 82 74 +10.8%
Increase Decrease In Loss And Loss Adjustment Expenses Net Of Recoverables 540 826 -34.6%
Increase Decrease In Unearned Premiums Net Of Prepaid Reinsurance Premiums 362 327 +10.7%
Increase Decrease In Premiums Receivable -820 -942 +13.0%
Increase Decrease In Deferred Policy Acquisition Costs -48 -14 -242.9%
Increase Decrease In Reinsurance Payables 419 504 -16.9%
Increase Decrease In Deferred Income Taxes 20 29 -31.0%
Increase Decrease In Other Operating Capital Net -398 49 -912.2%
Net Cash from Operations 1,188 1,458 -18.5%
Investing Activities
Purchases of Investments -9,288 -9,418 +1.4%
Payments To Acquire Equity Securities Fv Ni -185 -808 +77.1%
Payments To Acquire Other Investments -499 -697 +28.4%
Proceeds From Sale Of Available For Sale Securities Debt 7,984 7,301 +9.4%
Proceeds From Sale Of Equity Securities Fv Ni 202 820 -75.4%
Proceeds From Sale Of Other Investments 240 660 -63.6%
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities 957 758 +26.3%
Payments For Proceeds From Derivative Instrument Investing Activities -26 93 -128.0%
Payments For Proceeds From Short Term Investments -11 294 -103.7%
Payments To Acquire Productive Assets -8 -9 +11.1%
Other Investing Activities -5 -2 -150.0%
Net Cash from Investing -639 -1,008 +36.6%
Financing Activities
Share Repurchases -783 -196 -299.5%
Proceeds From Common Shares Issued Net -17 -28 +39.3%
Payments Of Capital Distribution -5 -5 0.0%
Payments Of Dividends Preferred Stock And Preference Stock -10 -10 0.0%
Proceeds From Payments For Other Financing Activities -12 -2 -500.0%
Net Cash from Financing -827 -241 -243.2%
Supplemental
Income Taxes Paid 22 18 +22.2%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents -8 16 -150.0%
Net Change in Cash -286 225 -227.1%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,781 1,985 -10.3%

Values in millions USD. Source: SEC EDGAR 10-Q filing.

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