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| Date | Value |
|---|---|
| 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 |