Assured Guaranty (AGO) Operating Expenses (2009 - 2026)
Assured Guaranty's (AGO) quarterly Operating Expenses came in at $227.0 million in Q1 2026, up 34.32% YoY from $169.0 million in Q1 2025, and up 64.49% on a QoQ basis from $138.0 million in Q4 2025.
Assured Guaranty (AGO) Operating Expenses (2009 - 2026) Analysis & Trends
Assured Guaranty (AGO) has 18 years of Operating Expenses data on file, last reported at $227.0 million in 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 advanced to $227.0 million in Q1 2026, from $138.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $227.0 million in Q1 2026 to a low of $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 tumbled 98.38% — and 2024, when it soared 4600.0%.
- Tracing AGO's Operating Expenses over 5 years: stood at $185.0 million in 2022, then tumbled by 98.38% to $3.0 million in 2023, then soared by 4600.0% to $141.0 million in 2024, then fell by 2.13% to $138.0 million in 2025, then soared by 64.49% to $227.0 million in 2026.
- The last three Operating Expenses figures came in at $227.0 million (Q1 2026), $138.0 million (Q4 2025), and $92.0 million (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.60 Bn | 8.04 Bn | 3.59 Bn | 3.71 Bn |
| 2 | First American Financial | 7.36 Bn | 4.24 Bn | 1.77 Bn | 1.83 Bn |
| 3 | Axis Capital Holdings | 7.25 Bn | 6.47 Bn | 819.78 Mn | 1.44 Bn |
| 4 | Enact Holdings | 6.87 Bn | 6.37 Bn | 284.04 Mn | 97.34 Mn |
| 5 | Mgic Investment | 6.47 Bn | 6.24 Bn | 284.40 Mn | 65.46 Mn |
| 6 | Essent | 6.17 Bn | 6.17 Bn | 313.73 Mn | 132.37 Mn |
| 7 | Ryan Specialty Holdings | 5.39 Bn | 5.25 Bn | - | 736.33 Mn |
| 8 | Radian | 4.97 Bn | 4.22 Bn | 380.01 Mn | 424.24 Mn |
| 9 | NMI Holdings | 3.43 Bn | 3.36 Bn | 157.40 Mn | 50.95 Mn |
| 10 | Assured Guaranty | 3.29 Bn | -501.07 Mn | 156.00 Mn | 135.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 135.00 Mn |
| 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 |