Octave Specialty (OSG) Gross Margin (2021 - 2026)
Octave Specialty's (OSG) quarterly Gross Margin came in at 81.11% in Q1 2026, down 217.0% year-on-year from 69.32% in Q1 2025, and down 26.05% quarter-over-quarter from 109.68% in Q4 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 81.11% for Q1 2026.
- On a quarterly basis, Gross Margin fell 217.0% year-over-year to 81.11% in Q1 2026; TTM through Mar 2026 was 19.34%, a 4085.0% decrease from a year earlier, with the FY2025 full-year figure at 29.81%, up 316.0% from the prior year.
- Gross Margin retreated to 81.11% in Q1 2026 per OSG's latest filing, from 109.68% in the prior quarter.
- Across five years, Gross Margin topped out at 109.68% in Q4 2025 and bottomed at 1220.8% in Q4 2022.
- The 5-year median for Gross Margin is 33.4% (2023), against an average of 43.78%.
- Across the five-year window, Gross Margin tumbled 145853 bps in 2022 and soared 125343 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 1220.8% in 2022, then surged by 103 bps to 32.63% in 2023, then soared by 47 bps to 48.1% in 2024, then jumped by 128 bps to 109.68% in 2025, then declined by 26 bps to 81.11% in 2026.
- Per Business Quant, the three latest OSG Gross Margin figures stand at 81.11% (Q1 2026), 109.68% (Q4 2025), and 78.4% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fidelity National Financial | 13.08 Bn | 10.42 Bn | 3.16 Bn | 98.08% |
| 2 | Axis Capital Holdings | 8.50 Bn | 7.97 Bn | 613.18 Mn | 41.42% |
| 3 | First American Financial | 7.10 Bn | 4.22 Bn | 1.77 Bn | 83.37% |
| 4 | Enact Holdings | 6.51 Bn | 5.96 Bn | 205.69 Mn | 84.70% |
| 5 | Mgic Investment | 6.26 Bn | 6.23 Bn | 263.84 Mn | 88.81% |
| 6 | Essent | 6.05 Bn | 6.05 Bn | 211.88 Mn | 81.46% |
| 7 | Radian | 5.96 Bn | 5.91 Bn | 304.36 Mn | 75.61% |
| 8 | Assured Guaranty | 3.78 Bn | 3.28 Bn | 65.00 Mn | 79.27% |
| 9 | NMI Holdings | 3.17 Bn | 3.10 Bn | 134.15 Mn | 86.65% |
| 10 | Octave Specialty | 250.53 Mn | 46.41 Mn | 84.49 Mn | 81.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.11% |
| Dec 31, 2025 | 109.68% |
| Sep 30, 2025 | 78.40% |
| Jun 30, 2025 | 32.25% |
| Mar 31, 2025 | 83.27% |
| Dec 31, 2024 | 48.10% |
| Sep 30, 2024 | 25.58% |
| Jun 30, 2024 | 54.89% |
| Mar 31, 2024 | 24.33% |
| Dec 31, 2023 | 32.63% |
| Sep 30, 2023 | 21.97% |
| Jun 30, 2023 | 26.28% |
| Mar 31, 2023 | 33.40% |
| Dec 31, 2022 | -1,220.80% |
| Sep 30, 2022 | -341.25% |
| Jun 30, 2022 | 86.05% |
| Mar 31, 2022 | 79.83% |
| Dec 31, 2021 | 237.74% |
| Sep 30, 2021 | -400.00% |