Accelerant Holdings (ARX) Operating Expenses (2024 - 2026)
Accelerant Holdings (ARX) reported Operating Expenses of $271.3 million for Q1 2026, up 66.95% on a YoY basis from $162.5 million in Q1 2025, and up 8.26% quarter-over-quarter from $250.6 million in Q4 2025.
Accelerant Holdings (ARX) Operating Expenses (2024 - 2026) Analysis & Trends
Accelerant Holdings has reported Operating Expenses for 3 years, with the latest figure 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.
- The five-year high for Operating Expenses was $1.6 billion in Q3 2025, with the low at $134.4 million in Q2 2024.
- Historically, Operating Expenses has averaged $370.1 million across 3 years, with a median of $182.2 million in 2024.
- The largest YoY upside for Operating Expenses was 966.21% in 2025 against a maximum downside of 46.43% in 2025.
- Accelerant Holdings' Operating Expenses stood at $167.7 million in 2024, then jumped by 49.43% to $250.6 million in 2025, then rose 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 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 5.84 Bn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 3.32 Bn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 3.72 Bn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | 1.96 Bn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 17.00 Mn |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 24.35 Mn |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 22.68 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 271.30 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 633.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |