ACIC Q3 FY2026 earnings: results, stock reaction and implied move

Reported results

Gross premiums written for the third quarter of 2026 was $74,111 thousand, up 3.2% from $71,812 thousand for the third quarter of 2025.
Total revenue for the third quarter of 2026 was $70,704 thousand, representing a 21.8% decrease from $90,395 thousand for the third quarter of 2025.
GAAP Net income available to ACIC stockholders per diluted share from continuing operations was $0.40 for the third quarter of 2026, down 38.5% from $0.65 for the third quarter of 2025.
Non-GAAP core income for the third quarter of 2026 was $20,376 thousand, down 33.1% from non-GAAP core income of $30,467 thousand for the third quarter of 2025.
Non-GAAP core income per diluted share was $0.42 for the third quarter of 2026, compared to $0.61 for the third quarter of 2025.
Combined ratio was 64.7% for the third quarter of 2026 compared to 56.9% for the third quarter of 2025, while non-GAAP underlying combined ratio was 68.4% compared to 57.8% for the prior-year period.

The company reported discontinued operations relating to the sale of its subsidiary, Interboro Insurance Company, which closed on April 1, 2025.

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.