Growth Metrics

Hamilton Insurance (HG) Operating Expenses (2022 - 2026)

Hamilton Insurance's quarterly Operating Expenses came in at $539.6 million in Q1 2026, down 7.66% year-on-year from $584.3 million in Q1 2025, and little changed quarter-over-quarter from $538.6 million in Q4 2025.

Hamilton Insurance has reported Operating Expenses for 5 years, with the latest figure at $539.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 7.66% year-over-year to $539.6 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 6.48% YoY), and the FY2025 full-year result was $2.1 billion, up 21.79% from the prior year.
  • Operating Expenses for Q1 2026 stood at $539.6 million, roughly flat from $538.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $584.3 million in Q1 2025, with the low at $267.8 million in Q1 2023.
  • Average Operating Expenses over 5 years is $422.2 million, with a median of $393.8 million recorded in 2023.
  • Year-over-year, Operating Expenses dropped 9.57% in 2023 and jumped 53.47% in 2025.
  • Tracing HG's Operating Expenses over 5 years: stood at $311.6 million in 2022, then gained by 26.36% to $393.8 million in 2023, then gained by 25.4% to $493.8 million in 2024, then rose by 9.08% to $538.6 million in 2025, then advanced by 0.17% to $539.6 million in 2026.
  • The last three Operating Expenses figures came in at $539.6 million (Q1 2026), $538.6 million (Q4 2025), and $487.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Everest 14.15 Bn -33.10 Bn 2.75 Bn 3.33 Bn
2 Reinsurance Group Of America 13.91 Bn 4.92 Bn -26.00 Mn 6.05 Bn
3 Renaissancere Holdings 12.54 Bn 14.14 Bn 1.21 Bn 1.65 Bn
4 Hamilton Insurance 3.14 Bn 2.33 Bn - 539.55 Mn
5 SiriusPoint 2.72 Bn 1.83 Bn 567.70 Mn 653.10 Mn
6 Greenlight Capital Re 577.91 Mn 502.82 Mn 62.99 Mn 153.80 Mn
7 Oxbridge Re Holdings 8.03 Mn 7.22 Mn - 583,000.00

Historic Data

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DateValue
Mar 31, 2026 539.55 Mn
Dec 31, 2025 538.65 Mn
Sep 30, 2025 487.36 Mn
Jun 30, 2025 470.30 Mn
Mar 31, 2025 584.31 Mn
Dec 31, 2024 493.80 Mn
Sep 30, 2024 448.78 Mn
Jun 30, 2024 385.06 Mn
Mar 31, 2024 380.72 Mn
Dec 31, 2023 393.79 Mn
Sep 30, 2023 341.23 Mn
Jun 30, 2023 313.00 Mn
Mar 31, 2023 267.81 Mn
Dec 31, 2022 311.63 Mn
Sep 30, 2022 377.32 Mn