ARX financial statements
The full income statement, balance sheet, and cash-flow statement for Accelerant Holdings (ARX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Revenue | 913M+51.5% | 603M+75.2% | 344M | |
| Selling, general & administrative | 400M+60.6% | 249M+36.6% | 183M | |
| General & administrative | 400M+60.6% | 249M+36.6% | 183M | |
| Amortization of intangibles | 5.40M+100.0% | 2.70M+3.8% | 2.60M | |
| Interest expense | 10.9M-9.9% | 12.1M+11.0% | 10.9M | |
| Equity-method income | 1.80M-21.7% | 2.30M-20.7% | 2.90M | |
| Gain (loss) on equity securities | 0.00+100.0% | -800K-115.4% | 5.20M | |
| Pre-tax income | -1.32B-4230.9% | 32.0M+172.9% | -43.9M | |
| Income tax | 23.3M+156.0% | 9.10M-55.0% | 20.2M | |
| -1.35B-5045.6% | 27.2M+155.7% | -48.8M | ||
| Net income to non-controlling interest | 8.90M+307.0% | -4.30M+71.9% | -15.3M | |
| Net income to common | -1.43B-5339.0% | 27.2M+155.7% | -48.8M | |
| -$7.49-5450.0% | $0.14+148.3% | -$0.29 | ||
| EPS (basic) | -$7.49-4781.3% | $0.16+155.2% | -$0.29 | |
| Weighted-avg shares (basic) | 190M+14.6% | 166M+0.2% | 166M | |
| Weighted-avg shares (diluted) | 190M-4.7% | 200M+20.6% | 166M | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Cash & equivalents | 1.72B+40.0% | 1.23B+58.1% | 775M | |
| 8.26B+35.6% | 6.09B | — | ||
| Goodwill | 63.1M+104.2% | 30.9M+49.3% | 20.7M | |
| Intangible assets | 52.0M+57.1% | 33.1M+7.5% | 30.8M | |
| Deferred tax assets | 77.8M+50.8% | 51.6M | — | |
| 7.54B+33.0% | 5.67B | — | ||
| Long-term debt | 121M-0.1% | 121M | — | |
| 698M+129.3% | 304M+6.1% | 287M | ||
| Common stock | 0.00 | 0.00 | — | |
| Additional paid-in capital | 2.23B+1688.8% | 125M | — | |
| Retained earnings | -1.54B-740.8% | -183M | — | |
| Accumulated other comprehensive income | 2.20M+111.3% | -19.5M | — | |
| Non-controlling interest | 28.7M+56.8% | 18.3M | — | |
| Total equity incl. non-controlling | 726M+70.1% | 427M+48.9% | 287M | |
| Total liabilities & equity | 8.26B+35.6% | 6.09B | — | |
| Common shares issued | — | 166M | — | |
| Common shares outstanding | — | 166M | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| 445M-43.3% | 786M+170.9% | 290M | ||
| Depreciation & amortization | 35.2M+32.3% | 26.6M+83.4% | 14.5M | |
| Intangible amortization | 5.40M+100.0% | 2.70M+3.8% | 2.60M | |
| Share-based compensation | 43.1M+413.1% | 8.40M+75.0% | 4.80M | |
| Deferred income taxes | -32.0M+21.8% | -40.9M-13733.3% | 300K | |
| -174M+54.3% | -380M-2916.7% | -12.6M | ||
| Acquisitions | 9.90M+1880.0% | 500K+117.9% | -2.80M | |
| Sales/maturities of investments | 49.8M+167.7% | 18.6M+73.8% | 10.7M | |
| Other investing activities | 500K-70.6% | 1.70M+30.8% | 1.30M | |
| 206M+86.6% | 110M+970.9% | 10.3M | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 5.00M | 0.00 | 0.00 | |
| Common stock issued | 392M | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | |
| Interest paid | 10.0M-9.9% | 11.1M+9.9% | 10.1M | |
| Income taxes paid | 59.1M+29.9% | 45.5M+125.2% | 20.2M | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | |
| Market cap | 3.63B | — | — | |
| P/S | 4.0× | — | — | |
| P/B | 5.2× | — | — | |
| Source filing | 10-K | 10-K | 10-K |
About this data
Source: ARX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ARX filings on SEC EDGAR → Not investment advice.