How Hamilton Insurance Group makes money

Period

FY2025

How does Hamilton Insurance Group make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Hamilton Insurance Group Ltd. · FY2025 · year ended 2025-12-31

Revenue$2.9BGross profit$2.9B · 100%Cost of revenue$0 · 0%Operating income$2.6B · 90%Operating expenses$279M · 10%SG&A$279M · 10%Pre-tax income$840M · 29%Other expense$1.8B · 61%Net income$840M · 29%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.