Assured Guaranty (AGO) Operating Expenses (2009 - 2026)
Assured Guaranty (AGO) posted Operating Expenses of $227.0 million for Q1 2026, up 64.49% on a QoQ basis from $138.0 million in Q4 2025, and up 34.32% year-over-year from $169.0 million in Q1 2025.
Assured Guaranty (AGO) Operating Expenses (2009 - 2026) Analysis & Trends
Assured Guaranty's Operating Expenses history runs 18 years deep, the most recent figure standing at $227.0 million for Q1 2026.
- Quarterly Operating Expenses rose 34.32% year-over-year to $227.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $608.0 million (up 24.08% YoY) and the FY2025 annual result came in at $550.0 million, up 23.32% from the prior year.
- Operating Expenses was $227.0 million for Q1 2026 at Assured Guaranty, up from $138.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $227.0 million in Q1 2026 and bottomed at $3.0 million in Q4 2023.
- A 5-year average of $139.2 million and a median of $141.0 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 98.38% — and 2024, when it soared 4600.0%.
- Assured Guaranty's Operating Expenses stood at $185.0 million in 2022, then sank by 98.38% to $3.0 million in 2023, then surged by 4600.0% to $141.0 million in 2024, then decreased by 2.13% to $138.0 million in 2025, then surged by 64.49% to $227.0 million in 2026.
- Business Quant data shows AGO's Operating Expenses at $227.0 million in Q1 2026, $138.0 million in Q4 2025, and $92.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 2.73 Bn |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 1.34 Bn |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 1.83 Bn |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 98.69 Mn |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 90.25 Mn |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 129.35 Mn |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 2.23 Mn |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 227.00 Mn |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 58.53 Mn |
| 10 | Employers Holdings | 957.12 Mn | 620.72 Mn | 51.80 Mn | 194.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 227.00 Mn |
| Dec 31, 2025 | 138.00 Mn |
| Sep 30, 2025 | 92.00 Mn |
| Jun 30, 2025 | 151.00 Mn |
| Mar 31, 2025 | 169.00 Mn |
| Dec 31, 2024 | 141.00 Mn |
| Sep 30, 2024 | 67.00 Mn |
| Jun 30, 2024 | 113.00 Mn |
| Mar 31, 2024 | 125.00 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 219.00 Mn |
| Jun 30, 2023 | 221.00 Mn |
| Mar 31, 2023 | 165.00 Mn |
| Dec 31, 2022 | 185.00 Mn |
| Sep 30, 2022 | 43.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Mar 31, 2022 | 196.00 Mn |
| Dec 31, 2021 | -41.00 Mn |
| Sep 30, 2021 | 230.00 Mn |
| Jun 30, 2021 | 105.00 Mn |