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| Date | Value |
|---|---|
| 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 |