Essent (ESNT) Operating Expenses (2013 - 2026)

Essent (ESNT) reported Operating Expenses of $129.3 million for Q1 2026, up 16.99% on a YoY basis from $110.6 million in Q1 2025, and up 1.15% sequentially from $127.9 million in Q4 2025.

Essent (ESNT) Operating Expenses (2013 - 2026) Analysis & Trends

Essent (ESNT) has 14 years of Operating Expenses data on file, last reported at $129.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 16.99% year-over-year to $129.3 million; the trailing twelve-month figure through Mar 2026 stood at $457.9 million (up 10.77% YoY), and the FY2025 full-year result was $439.1 million, up 13.33% from the prior year.
  • Operating Expenses advanced to $129.3 million in Q1 2026, from $127.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $129.3 million in Q1 2026 to a low of -$63.8 million in Q1 2022.
  • A 5-year average of $76.5 million and a median of $88.0 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 183.32% in 2022 and surged 261.8% in 2023, its largest moves.
  • Tracing ESNT's Operating Expenses over 5 years: stood at -$31.4 million in 2022, then soared by 400.24% to $94.3 million in 2023, then rose by 27.31% to $120.1 million in 2024, then grew by 6.49% to $127.9 million in 2025, then increased by 1.15% to $129.3 million in 2026.
  • Business Quant data shows ESNT's Operating Expenses at $129.3 million in Q1 2026, $127.9 million in Q4 2025, and $112.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fidelity National Financial 13.08 Bn 10.42 Bn 3.16 Bn 2.73 Bn
2 Axis Capital Holdings 8.50 Bn 7.97 Bn 613.18 Mn 1.34 Bn
3 First American Financial 7.10 Bn 4.22 Bn 1.77 Bn 1.83 Bn
4 Enact Holdings 6.51 Bn 5.96 Bn 205.69 Mn 98.69 Mn
5 Mgic Investment 6.26 Bn 6.23 Bn 263.84 Mn 90.25 Mn
6 Essent 6.05 Bn 6.05 Bn 211.88 Mn 129.35 Mn
7 Radian 5.96 Bn 5.91 Bn 304.36 Mn 2.23 Mn
8 Assured Guaranty 3.78 Bn 3.28 Bn 65.00 Mn 227.00 Mn
9 NMI Holdings 3.17 Bn 3.10 Bn 134.15 Mn 58.53 Mn
10 Employers Holdings 957.12 Mn 620.72 Mn 51.80 Mn 194.80 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 129.35 Mn
Dec 31, 2025 127.88 Mn
Sep 30, 2025 112.67 Mn
Jun 30, 2025 87.97 Mn
Mar 31, 2025 110.56 Mn
Dec 31, 2024 120.08 Mn
Sep 30, 2024 109.00 Mn
Jun 30, 2024 73.72 Mn
Mar 31, 2024 84.62 Mn
Dec 31, 2023 94.32 Mn
Sep 30, 2023 86.67 Mn
Jun 30, 2023 50.83 Mn
Mar 31, 2023 54.95 Mn
Jun 30, 2022 -31.41 Mn
Mar 31, 2022 -63.84 Mn
Dec 31, 2021 39.89 Mn
Sep 30, 2021 36.85 Mn
Jun 30, 2021 52.84 Mn
Mar 31, 2021 76.61 Mn
Dec 31, 2020 101.05 Mn