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

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

Accelerant Holdings (ARX) Operating Expenses (2024 - 2026) Analysis & Trends

Accelerant Holdings' Operating Expenses history runs 3 years deep, the most recent figure standing at $271.3 million for Q1 2026.

  • Quarterly Operating Expenses rose 66.95% year-over-year to $271.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.3 billion (up 279.84% YoY) and the FY2025 annual result came in at $2.2 billion, up 291.66% from the prior year.
  • Operating Expenses was $271.3 million for Q1 2026 at Accelerant Holdings, 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.
  • A 3-year average of $370.1 million and a median of $182.2 million in 2024 frame the typical range for Operating Expenses.
  • Peak annual rise in Operating Expenses reached 966.21% in 2025, while the deepest fall reached 46.43% in 2025.
  • Accelerant Holdings' Operating Expenses stood at $167.7 million in 2024, then soared by 49.43% to $250.6 million in 2025, then advanced by 8.26% to $271.3 million in 2026.
  • Business Quant data shows ARX's Operating Expenses at $271.3 million in Q1 2026, $250.6 million in Q4 2025, and $1.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 5.51 Bn
2 Aon 75.99 Bn 74.60 Bn - 3.32 Bn
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - 643.00 Mn
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 1.37 Bn
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 24.35 Mn
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 271.30 Mn
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 22.68 Mn
9 Baldwin Insurance 2.43 Bn 2.87 Bn - 633.50 Mn
10 Goosehead Insurance 1.31 Bn 1.20 Bn - 86.80 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