EarningsQ2 2026 Earnings Report
DE:5UI Q2 2026 EPS Results
Actual EPS€1.64
Consensus EPS€1.44
Beat/MissBeat by +€0.20
One Year Ago EPS€1.10
DE:5UI Q2 2026 Revenue Results
Actual Revenue€380.61M
Expected Revenue€547.81M
Beat/MissMissed by -€167.20M
YoY Revenue Growth+6.72%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeAfter Close
Conference CallThursday, July 23, 2026
DE:5UI Upcoming Earnings
Universal Insurance Holdings's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:5UI Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was largely positive: the company reported strong profitability (33.2% adjusted ROE), sizable EPS improvement (~49.6%), steady top-line premium and revenue growth, and meaningful underwriting improvement (combined ratio down 6.2 pts, loss ratio down 7.5 pts). Favorable developments in Florida (legislative reforms), improved reinsurance pricing, and robust growth outside Florida underpin expectations for sustained profitable growth. Offsetting items are modest: a 1.3-pt rise in the net expense ratio driven by acquisition costs, relatively muted Florida premium growth (+0.8%), and a limited remaining buyback authorization. Overall, highlights materially outweigh the lowlights.Company Guidance
Very Strong Adjusted ROE
Delivered a 33.2% annualized adjusted return on common equity in the quarter, driven by solid underwriting and revenue performance.
Significant EPS Improvement
Adjusted diluted earnings per share rose to $1.84 from $1.23 a year ago, an increase of approximately 49.6%, primarily reflecting a lower net loss ratio and higher net premiums earned and net investment income.
Revenue and Premium Growth
Core revenue was $419.4 million, up 4.6% year-over-year. Direct premiums written were $621.3 million, up 4.1% year-over-year; direct premiums earned were $544.8 million, up 4.1%; and net premiums earned were $377.3 million, up 4.7%.
Improved Loss & Combined Ratios
Net combined ratio improved to 91.6%, down 6.2 percentage points year-over-year. The net loss ratio improved to 64.8%, down 7.5 points versus prior year, reflecting better current accident year results and favorable claims trends.
Strong Multi-State Growth Outside Florida
Growth outside Florida was robust with a 14.4% increase in premiums written in other states, reflecting higher policies in force across the multi-state footprint.
Favorable Claims Environment and Reserves
Management attributes favorable claims and litigation trends to Florida legislative reforms; litigation inventory returned to pre-crisis levels and aggregate reserves are described as providing a meaningful margin above expected ultimate losses.
Improving Reinsurance and Pricing Environment
Management noted more favorable reinsurance rates and the ability to write rate-adequate premium, supporting prospects for sustained profitable growth.
Capital Returns to Shareholders
Repurchased ~122,000 shares for $4.5 million in the quarter and declared a quarterly cash dividend of $0.16 per share payable Aug 7, 2026.
DE:5UI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed