Growth Metrics

Accelerant Holdings (ARX) Operating Expenses (2024 - 2026)

Accelerant Holdings posted quarterly Operating Expenses of $271.3 million for Q1 2026, up 66.95% year-on-year from $162.5 million in Q1 2025, and up 8.26% on a QoQ basis from $250.6 million in Q4 2025.

Accelerant Holdings (ARX) has 3 years of Operating Expenses data on file, last reported at $271.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 66.95% year-over-year to $271.3 million; the trailing twelve-month figure through Mar 2026 stood at $2.3 billion (up 279.84% YoY), and the FY2025 full-year result was $2.2 billion, up 291.66% from the prior year.
  • Operating Expenses for Q1 2026 stood at $271.3 million, up from $250.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $1.6 billion in Q3 2025 and bottomed at $134.4 million in Q2 2024.
  • The 3-year median for Operating Expenses is $182.2 million (2024), against an average of $370.1 million.
  • Peak annual rise in Operating Expenses reached 966.21% in 2025, while the deepest fall reached 46.43% in 2025.
  • A 3-year view of Operating Expenses shows it stood at $167.7 million in 2024, then surged by 49.43% to $250.6 million in 2025, then gained by 8.26% to $271.3 million in 2026.
  • The last three Operating Expenses figures came in at $271.3 million (Q1 2026), $250.6 million (Q4 2025), and $1.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 3.32 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 3.72 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 1.96 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 17.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 271.30 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 22.68 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 633.50 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 78.08 Mn
10 Twfg 279.02 Mn 351.22 Mn - 60.49 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 271.30 Mn
Dec 31, 2025 250.60 Mn
Sep 30, 2025 1.62 Bn
Jun 30, 2025 196.80 Mn
Mar 31, 2025 162.50 Mn
Dec 31, 2024 167.70 Mn
Sep 30, 2024 152.40 Mn
Jun 30, 2024 134.40 Mn