Enact Holdings (ACT) Operating Expenses (2020 - 2026)

Enact Holdings (ACT) recorded quarterly Operating Expenses of $98.7 million in Q1 2026, up 10.12% quarter-over-quarter from $89.6 million in Q4 2025, and up 3.5% on a YoY basis from $95.4 million in Q1 2025.

Enact Holdings (ACT) Operating Expenses (2020 - 2026) Analysis & Trends

Enact Holdings' Operating Expenses history runs 7 years deep, the most recent figure standing at $98.7 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 3.5% year-over-year to $98.7 million; the TTM figure through Mar 2026 stood at $380.3 million (up 14.07% YoY), while the FY2025 annual figure was $377.0 million, up 16.46% from the prior year.
  • Operating Expenses was $98.7 million for Q1 2026 at Enact Holdings, up from $89.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $101.6 million in Q3 2025 to a low of $12.7 million in Q2 2022.
  • Historically, Operating Expenses has averaged $76.4 million across 5 years, with a median of $85.9 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 88.43% in 2022, then surged 400.83% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $94.1 million in 2022, then grew by 2.54% to $96.4 million in 2023, then slipped by 2.62% to $93.9 million in 2024, then dropped by 4.58% to $89.6 million in 2025, then rose by 10.12% to $98.7 million in 2026.
  • The last three Operating Expenses figures came in at $98.7 million (Q1 2026), $89.6 million (Q4 2025), and $101.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 2.73 Bn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 1.34 Bn
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 1.68 Bn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 98.69 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 90.25 Mn
6 Essent 5.47 Bn 5.47 Bn - 129.35 Mn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 292.67 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 700.63 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 227.00 Mn
10 NMI Holdings 2.82 Bn 2.75 Bn 152.85 Mn 58.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 98.69 Mn
Dec 31, 2025 89.62 Mn
Sep 30, 2025 101.63 Mn
Jun 30, 2025 90.39 Mn
Mar 31, 2025 95.36 Mn
Dec 31, 2024 93.92 Mn
Sep 30, 2024 80.13 Mn
Jun 30, 2024 64.01 Mn
Mar 31, 2024 85.66 Mn
Dec 31, 2023 96.45 Mn
Sep 30, 2023 85.93 Mn
Jun 30, 2023 63.38 Mn
Mar 31, 2023 56.43 Mn
Dec 31, 2022 94.06 Mn
Sep 30, 2022 30.43 Mn
Jun 30, 2022 12.65 Mn
Mar 31, 2022 59.68 Mn
Dec 31, 2021 77.97 Mn
Sep 30, 2021 105.70 Mn
Jun 30, 2021 109.40 Mn