Growth Metrics

Arch Capital (ACGL) Operating Expenses (2009 - 2026)

Arch Capital posted quarterly Operating Expenses of $3.4 billion for Q1 2026, down 14.59% year-on-year from $4.0 billion in Q1 2025, and down 3.81% on a QoQ basis from $3.5 billion in Q4 2025.

Arch Capital (ACGL) has 18 years of Operating Expenses data on file, last reported at $3.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 14.59% year-over-year to $3.4 billion; the trailing twelve-month figure through Mar 2026 stood at $14.4 billion (up 1.28% YoY), and the FY2025 full-year result was $15.0 billion, up 15.3% from the prior year.
  • Operating Expenses for Q1 2026 stood at $3.4 billion, down from $3.5 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.0 billion in Q1 2025 and bottomed at $1.8 billion in Q1 2022.
  • The 5-year median for Operating Expenses is $2.8 billion (2023), against an average of $2.9 billion.
  • The widest annual swing landed in 2025, when Operating Expenses soared 43.96%; it then retreated 14.59% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $2.2 billion in 2022, then grew by 27.61% to $2.8 billion in 2023, then rose by 29.57% to $3.6 billion in 2024, then declined by 1.77% to $3.5 billion in 2025, then dropped by 3.81% to $3.4 billion in 2026.
  • The last three Operating Expenses figures came in at $3.4 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn 5.66 Bn
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn 6.17 Bn
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 3.41 Bn
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn 507.50 Mn
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -103.70 Mn
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn -189.81 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn 7.67 Mn
9 Sun Life Financial 43.53 -7.92 Bn - -
10 Sun Life Financial - - - -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 3.41 Bn
Dec 31, 2025 3.55 Bn
Sep 30, 2025 3.61 Bn
Jun 30, 2025 3.80 Bn
Mar 31, 2025 4.00 Bn
Dec 31, 2024 3.61 Bn
Sep 30, 2024 3.67 Bn
Jun 30, 2024 2.91 Bn
Mar 31, 2024 2.78 Bn
Dec 31, 2023 2.79 Bn
Sep 30, 2023 2.59 Bn
Jun 30, 2023 2.45 Bn
Mar 31, 2023 2.43 Bn
Dec 31, 2022 2.18 Bn
Sep 30, 2022 2.39 Bn
Jun 30, 2022 1.79 Bn
Mar 31, 2022 1.76 Bn
Dec 31, 2021 1.69 Bn
Sep 30, 2021 1.80 Bn
Jun 30, 2021 1.82 Bn
Mar 31, 2021 1.83 Bn
Dec 31, 2020 1.75 Bn
Sep 30, 2020 1.80 Bn
Jun 30, 2020 1.80 Bn
Mar 31, 2020 1.59 Bn
Dec 31, 2019 1.40 Bn
Sep 30, 2019 1.25 Bn
Jun 30, 2019 1.25 Bn
Mar 31, 2019 1.18 Bn
Dec 31, 2018 1.26 Bn
Sep 30, 2018 1.12 Bn
Jun 30, 2018 1.13 Bn
Mar 31, 2018 1.10 Bn
Dec 31, 2017 1.16 Bn
Sep 30, 2017 1.52 Bn
Jun 30, 2017 1.17 Bn
Mar 31, 2017 1.02 Bn
Dec 31, 2016 904.95 Mn
Sep 30, 2016 880.65 Mn
Jun 30, 2016 927.66 Mn
Mar 31, 2016 894.74 Mn
Dec 31, 2015 862.55 Mn
Sep 30, 2015 858.89 Mn
Jun 30, 2015 887.05 Mn
Mar 31, 2015 760.91 Mn
Dec 31, 2014 801.80 Mn
Sep 30, 2014 762.82 Mn
Jun 30, 2014 816.65 Mn
Mar 31, 2014 763.35 Mn
Dec 31, 2013 746.13 Mn
Sep 30, 2013 738.93 Mn
Jun 30, 2013 669.78 Mn
Mar 31, 2013 628.81 Mn
Dec 31, 2012 913.01 Mn
Sep 30, 2012 709.70 Mn
Jun 30, 2012 621.43 Mn
Mar 31, 2012 648.85 Mn
Dec 31, 2011 2.62 Bn
Sep 30, 2011 6.42 Mn
Jun 30, 2011 681.24 Mn
Mar 31, 2011 750.15 Mn
Dec 31, 2010 4.95 Mn
Sep 30, 2010 646.12 Mn
Jun 30, 2010 531.44 Mn
Mar 31, 2010 621.14 Mn
Dec 31, 2009 -1.95 Bn
Sep 30, 2009 693.15 Mn