Safety Insurance (SAFT) Net Income (2010 - 2026)
Safety Insurance (SAFT) reported Net Income of -$14.3 million for Q1 2026, down 165.41% on a YoY basis from $21.9 million in Q1 2025, and down 178.78% quarter-over-quarter from $18.2 million in Q4 2025.
Safety Insurance (SAFT) Net Income (2010 - 2026) Analysis & Trends
Safety Insurance has reported Net Income for 17 years, with the latest figure at -$14.3 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income fell 165.41% year-over-year to -$14.3 million; the trailing twelve-month figure through Mar 2026 stood at $61.1 million (down 15.78% YoY), and the FY2025 full-year result was $97.3 million, up 37.59% from the prior year.
- Net Income for Q1 2026 stood at -$14.3 million, down from $18.2 million in the prior quarter.
- The five-year high for Net Income was $28.9 million in Q2 2025, with the low at -$14.3 million in Q1 2026.
- Historically, Net Income has averaged $12.4 million across 5 years, with a median of $16.3 million in 2022.
- Annual changes were most pronounced in 2023 — Net Income slumped 257.4% — and 2024, when it jumped 1228.32%.
- Safety Insurance's Net Income stood at $16.3 million in 2022, then dropped by 24.58% to $12.3 million in 2023, then tumbled by 33.69% to $8.1 million in 2024, then surged by 123.6% to $18.2 million in 2025, then plunged by 178.78% to -$14.3 million in 2026.
- The last three Net Income figures came in at -$14.3 million (Q1 2026), $18.2 million (Q4 2025), and $28.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 127.40 Bn | 119.98 Bn | 8.64 Bn | 2.35 Bn |
| 2 | Progressive | 119.47 Bn | 115.12 Bn | 8.36 Bn | 2.82 Bn |
| 3 | Travelers Companies | 65.26 Bn | 41.34 Bn | 5.54 Bn | 1.71 Bn |
| 4 | Allstate | 57.33 Bn | 32.74 Bn | 14.72 Bn | 2.46 Bn |
| 5 | Berkley W R | 26.90 Bn | 23.16 Bn | 2.72 Bn | 515.58 Mn |
| 6 | Cincinnati Financial | 25.67 Bn | 24.41 Bn | 2.60 Bn | 274.00 Mn |
| 7 | Markel | 22.97 Bn | 7.51 Bn | 2.38 Bn | -204.36 Mn |
| 8 | Loews | 22.18 Bn | 9.92 Bn | -1.32 Bn | 354.00 Mn |
| 9 | Assurant | 12.79 Bn | 10.87 Bn | 2.01 Bn | 274.10 Mn |
| 10 | Safety Insurance | 1.02 Bn | 769.16 Mn | 67.18 Mn | -14.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -14.32 Mn |
| Dec 31, 2025 | 18.18 Mn |
| Sep 30, 2025 | 28.31 Mn |
| Jun 30, 2025 | 28.94 Mn |
| Mar 31, 2025 | 21.90 Mn |
| Dec 31, 2024 | 8.13 Mn |
| Sep 30, 2024 | 25.89 Mn |
| Jun 30, 2024 | 16.64 Mn |
| Mar 31, 2024 | 20.08 Mn |
| Dec 31, 2023 | 12.26 Mn |
| Sep 30, 2023 | 1.95 Mn |
| Jun 30, 2023 | 17.00 Mn |
| Mar 31, 2023 | -12.34 Mn |
| Dec 31, 2022 | 16.26 Mn |
| Sep 30, 2022 | 6.19 Mn |
| Jun 30, 2022 | 7.90 Mn |
| Mar 31, 2022 | 7.84 Mn |
| Dec 31, 2021 | 37.37 Mn |
| Sep 30, 2021 | 24.82 Mn |
| Jun 30, 2021 | 37.67 Mn |