Octave Specialty (OSG) Gross Margin (2021 - 2026)
Octave Specialty (OSG) recorded quarterly Gross Margin of 86.56% in Q1 2026, up 19.04% quarter-over-quarter from 72.71% in Q4 2025, and up 307.0% on a YoY basis from 21.27% in Q1 2025.
Octave Specialty (OSG) Gross Margin (2021 - 2026) Analysis & Trends
Octave Specialty's Gross Margin history runs 6 years deep, the most recent figure standing at 86.56% for Q1 2026.
- In Q1 2026, Gross Margin rose 307.0% year-over-year to 86.56%; the TTM figure through Mar 2026 stood at 73.54% (up 885.0% YoY), while the FY2025 annual figure was 81.21%, up 5457.0% from the prior year.
- Gross Margin was 86.56% for Q1 2026 at Octave Specialty, up from 72.71% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 95.0% in Q3 2022 to a low of 21.97% in Q4 2022.
- Historically, Gross Margin has averaged 48.0% across 5 years, with a median of 54.89% in 2024.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 9011 bps in 2022, then surged 6955 bps in 2024.
- A 5-year view of Gross Margin shows it stood at 21.97% in 2022, then soared by 249 bps to 32.63% in 2023, then slipped by 15 bps to 27.81% in 2024, then jumped by 161 bps to 72.71% in 2025, then advanced by 19 bps to 86.56% in 2026.
- The last three Gross Margin figures came in at 86.56% (Q1 2026), 72.71% (Q4 2025), and 15.51% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 12.87 Bn | 10.21 Bn | 2.62 Bn | 81.15% |
| 2 | Axis Capital Holdings | 7.52 Bn | 6.65 Bn | - | - |
| 3 | First American Financial | 6.80 Bn | 3.91 Bn | 1.24 Bn | 67.24% |
| 4 | Enact Holdings | 6.01 Bn | 5.46 Bn | 205.74 Mn | 84.70% |
| 5 | Mgic Investment | 5.57 Bn | 5.32 Bn | 202.12 Mn | 85.88% |
| 6 | Essent | 5.47 Bn | 5.47 Bn | - | - |
| 7 | Radian | 4.74 Bn | 4.66 Bn | 368.17 Mn | 78.95% |
| 8 | Ryan Specialty Holdings | 4.62 Bn | 5.05 Bn | - | - |
| 9 | Assured Guaranty | 3.42 Bn | -495.48 Mn | 216.00 Mn | 82.76% |
| 10 | Octave Specialty | 255.06 Mn | 125.95 Mn | 90.17 Mn | 86.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 86.56% |
| Dec 31, 2025 | 72.71% |
| Sep 30, 2025 | 15.51% |
| Jun 30, 2025 | 54.31% |
| Mar 31, 2025 | 83.48% |
| Dec 31, 2024 | 27.81% |
| Sep 30, 2024 | 65.38% |
| Jun 30, 2024 | 54.89% |
| Mar 31, 2024 | 60.94% |
| Dec 31, 2023 | 32.63% |
| Sep 30, 2023 | 21.97% |
| Jun 30, 2023 | 22.66% |
| Mar 31, 2023 | -8.61% |
| Dec 31, 2022 | -21.97% |
| Sep 30, 2022 | 95.00% |
| Jun 30, 2022 | 86.05% |
| Mar 31, 2022 | 66.67% |
| Dec 31, 2021 | 68.13% |
| Sep 30, 2021 | 92.16% |
| Jun 30, 2021 | 63.64% |