James River Group Holdings (JRVR) Gross Margin (2014 - 2026)
James River Group Holdings (JRVR) posted quarterly Gross Margin of 28.55% for Q1 2026, down 593.0% year-over-year from 5.79% in Q1 2025, and down 52.52% quarter-over-quarter from 60.14% in Q4 2025.
James River Group Holdings (JRVR) Gross Margin (2014 - 2026) Analysis & Trends
James River Group Holdings (JRVR) has reported Gross Margin for 13 consecutive years, with 28.55% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 593.0% year-over-year to 28.55%; the TTM figure through Mar 2026 stood at 47.81% (down 1267.0% YoY), while the FY2025 annual figure was 37.87%, down 2994.0% from the prior year.
- Gross Margin fell to 28.55% in Q1 2026 per JRVR's latest filing, from 60.14% in the prior quarter.
- Across five years, Gross Margin topped out at 73.25% in Q3 2024 and bottomed at 57.36% in Q4 2022.
- Historically, Gross Margin has averaged 50.41% across 5 years, with a median of 68.24% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 16493 bps — and 2023, when it jumped 9631 bps.
- James River Group Holdings' Gross Margin stood at 57.36% in 2022, then soared by 168 bps to 38.95% in 2023, then jumped by 42 bps to 55.42% in 2024, then increased by 9 bps to 60.14% in 2025, then sank by 53 bps to 28.55% in 2026.
- Business Quant data shows JRVR's Gross Margin at 28.55% in Q1 2026, 60.14% in Q4 2025, and 18.49% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.63 Bn | 8.07 Bn | 3.59 Bn | 88.64% |
| 2 | First American Financial | 7.37 Bn | 4.25 Bn | 1.77 Bn | 83.37% |
| 3 | Axis Capital Holdings | 7.27 Bn | 6.48 Bn | 819.78 Mn | 46.77% |
| 4 | Enact Holdings | 6.88 Bn | 6.39 Bn | 284.04 Mn | 89.52% |
| 5 | Mgic Investment | 6.48 Bn | 6.26 Bn | 284.40 Mn | 96.28% |
| 6 | Essent | 6.20 Bn | 6.20 Bn | 313.73 Mn | 86.50% |
| 7 | Ryan Specialty Holdings | 5.39 Bn | 5.25 Bn | - | - |
| 8 | Radian | 4.96 Bn | 4.22 Bn | 380.01 Mn | 66.09% |
| 9 | NMI Holdings | 3.44 Bn | 3.37 Bn | 157.40 Mn | 83.77% |
| 10 | James River Group Holdings | 187.59 Mn | -12.03 Mn | 62.24 Mn | 38.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.58% |
| Mar 31, 2026 | 28.55% |
| Dec 31, 2025 | 60.14% |
| Sep 30, 2025 | 18.49% |
| Jun 30, 2025 | 72.85% |
| Mar 31, 2025 | 34.48% |
| Dec 31, 2024 | 55.42% |
| Sep 30, 2024 | 73.25% |
| Jun 30, 2024 | 72.98% |
| Mar 31, 2024 | 35.90% |
| Dec 31, 2023 | 38.95% |
| Sep 30, 2023 | 72.94% |
| Jun 30, 2023 | 71.07% |
| Mar 31, 2023 | 72.05% |
| Dec 31, 2022 | -57.36% |
| Sep 30, 2022 | 70.67% |
| Jun 30, 2022 | 68.33% |
| Mar 31, 2022 | 68.24% |
| Dec 31, 2021 | 107.57% |
| Sep 30, 2021 | 77.39% |