Hamilton Insurance (HG) Operating Expenses (2022 - 2026)
Hamilton Insurance (HG) posted quarterly Operating Expenses of $539.6 million for Q1 2026, down 7.66% year-over-year from $584.3 million in Q1 2025, and little changed quarter-over-quarter from $538.6 million in Q4 2025.
Hamilton Insurance (HG) Operating Expenses (2022 - 2026) Analysis & Trends
Hamilton Insurance's Operating Expenses history runs 5 years deep, the most recent figure standing at $539.6 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 7.66% year-over-year to $539.6 million; the TTM figure through Mar 2026 stood at $2.0 billion (up 6.48% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Expenses is $393.8 million (2023), against an average of $422.2 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses retreated 9.57% in 2023, then jumped 53.47% in 2025.
- Hamilton Insurance's Operating Expenses stood at $311.6 million in 2022, then increased by 26.36% to $393.8 million in 2023, then increased by 25.4% to $493.8 million in 2024, then grew by 9.08% to $538.6 million in 2025, then rose by 0.17% to $539.6 million in 2026.
- Business Quant data shows HG's Operating Expenses at $539.6 million in Q1 2026, $538.6 million in Q4 2025, and $487.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Reinsurance Group Of America | 15.93 Bn | 10.26 Bn | 2.16 Bn | 6.03 Bn |
| 2 | Everest | 14.29 Bn | -33.07 Bn | 1.79 Bn | 3.28 Bn |
| 3 | Renaissancere Holdings | 13.28 Bn | -13.20 Bn | 1.83 Bn | 1.65 Bn |
| 4 | Hamilton Insurance | 3.50 Bn | -685.35 Mn | 478.09 Mn | 582.31 Mn |
| 5 | SiriusPoint | 2.75 Bn | 2.07 Bn | 385.90 Mn | 659.80 Mn |
| 6 | Greenlight Capital Re | 514.18 Mn | -185.48 Mn | 49.73 Mn | 166.89 Mn |
| 7 | Kestrel | 62.55 Mn | 34.74 Mn | 5.17 Mn | 10.49 Mn |
| 8 | Oxbridge Re Holdings | 10.90 Mn | -8.93 Mn | - | 647,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 582.31 Mn |
| 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 |