Amerisafe (AMSF) Operating Expenses (2010 - 2026)
Amerisafe's (AMSF) quarterly Operating Expenses came in at $69.9 million in Q1 2026, up 13.94% year-on-year from $61.4 million in Q1 2025, and up 1.5% quarter-over-quarter from $68.9 million in Q4 2025.
Amerisafe (AMSF) Operating Expenses (2010 - 2026) Analysis & Trends
Amerisafe has disclosed Operating Expenses across 17 years of filings, most recently posting $69.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $69.9 million, up 13.94% year-over-year; the trailing twelve-month figure through Mar 2026 was $267.0 million (up 7089.74% YoY), and the FY2025 annual result was $258.4 million, up 12317.16% from the prior year.
- Operating Expenses came in at $69.9 million for Q1 2026 at Amerisafe, up from $68.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $69.9 million in Q1 2026 to a low of -$180.7 million in Q4 2024.
- The 5-year median for Operating Expenses is $60.3 million (2023), against an average of $46.3 million.
- Across the five-year window, Operating Expenses slumped 421.62% in 2024 and soared 138.14% in 2025, its largest moves.
- Amerisafe's Operating Expenses stood at $54.1 million in 2022, then increased by 3.8% to $56.2 million in 2023, then plunged by 421.62% to -$180.7 million in 2024, then soared by 138.14% to $68.9 million in 2025, then advanced by 1.5% to $69.9 million in 2026.
- The last three Operating Expenses figures came in at $69.9 million (Q1 2026), $68.9 million (Q4 2025), and $64.5 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 | Amerisafe | 592.05 Mn | 501.98 Mn | 33.65 Mn | 69.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.93 Mn |
| Dec 31, 2025 | 68.90 Mn |
| Sep 30, 2025 | 64.50 Mn |
| Jun 30, 2025 | 63.63 Mn |
| Mar 31, 2025 | 61.38 Mn |
| Dec 31, 2024 | -180.65 Mn |
| Sep 30, 2024 | 60.90 Mn |
| Jun 30, 2024 | 62.09 Mn |
| Mar 31, 2024 | 59.74 Mn |
| Dec 31, 2023 | 56.17 Mn |
| Sep 30, 2023 | 60.31 Mn |
| Jun 30, 2023 | 56.09 Mn |
| Mar 31, 2023 | 56.90 Mn |
| Dec 31, 2022 | 54.11 Mn |
| Sep 30, 2022 | 57.93 Mn |
| Jun 30, 2022 | 60.91 Mn |
| Mar 31, 2022 | 54.14 Mn |
| Dec 31, 2021 | -159.05 Mn |
| Sep 30, 2021 | 48.32 Mn |
| Jun 30, 2021 | 51.99 Mn |