Octave Specialty (OSG) Operating Expenses (2010 - 2026)

Octave Specialty (OSG) recorded quarterly Operating Expenses of $107.5 million in Q1 2026, up 9.98% quarter-over-quarter from $97.8 million in Q4 2025, and up 38.08% on a YoY basis from $77.9 million in Q1 2025.

Octave Specialty (OSG) Operating Expenses (2010 - 2026) Analysis & Trends

Octave Specialty's Operating Expenses history runs 17 years deep, the most recent figure standing at $107.5 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 38.08% year-over-year to $107.5 million; the TTM figure through Mar 2026 stood at $381.9 million (up 19.07% YoY), while the FY2025 annual figure was $352.2 million, up 19.14% from the prior year.
  • Operating Expenses was $107.5 million for Q1 2026 at Octave Specialty, up from $97.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $155.3 million in Q4 2022 to a low of -$262.0 million in Q3 2022.
  • Historically, Operating Expenses has averaged $58.4 million across 5 years, with a median of $80.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses plunged 918.75% in 2022, then soared 1412.7% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $155.3 million in 2022, then tumbled by 110.98% to -$17.1 million in 2023, then soared by 606.26% to $86.3 million in 2024, then grew by 13.25% to $97.8 million in 2025, then grew by 9.98% to $107.5 million in 2026.
  • The last three Operating Expenses figures came in at $107.5 million (Q1 2026), $97.8 million (Q4 2025), and $98.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fidelity National Financial 12.87 Bn 10.21 Bn 2.62 Bn 2.73 Bn
2 Axis Capital Holdings 7.52 Bn 6.65 Bn - 1.34 Bn
3 First American Financial 6.80 Bn 3.91 Bn 1.24 Bn 1.68 Bn
4 Enact Holdings 6.01 Bn 5.46 Bn 205.74 Mn 98.69 Mn
5 Mgic Investment 5.57 Bn 5.32 Bn 202.12 Mn 90.25 Mn
6 Essent 5.47 Bn 5.47 Bn - 129.35 Mn
7 Radian 4.74 Bn 4.66 Bn 368.17 Mn 292.67 Mn
8 Ryan Specialty Holdings 4.62 Bn 5.05 Bn - 700.63 Mn
9 Assured Guaranty 3.42 Bn -495.48 Mn 216.00 Mn 227.00 Mn
10 Octave Specialty 255.06 Mn 125.95 Mn 90.17 Mn 107.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 107.51 Mn
Dec 31, 2025 97.76 Mn
Sep 30, 2025 98.69 Mn
Jun 30, 2025 77.93 Mn
Mar 31, 2025 77.86 Mn
Dec 31, 2024 86.32 Mn
Sep 30, 2024 90.76 Mn
Jun 30, 2024 65.79 Mn
Mar 31, 2024 52.79 Mn
Dec 31, 2023 -17.05 Mn
Sep 30, 2023 6.00 Mn
Jun 30, 2023 73.00 Mn
Mar 31, 2023 86.00 Mn
Dec 31, 2022 155.32 Mn
Sep 30, 2022 -262.00 Mn
Jun 30, 2022 80.00 Mn
Mar 31, 2022 116.00 Mn
Dec 31, 2021 16.00 Mn
Sep 30, 2021 32.00 Mn
Jun 30, 2021 66.00 Mn