EarningsQ2 2026 Earnings Report
MX:KNSL Q2 2026 EPS Results
Actual EPS$100.62
Consensus EPS$92.77
Beat/MissBeat by +$7.85
One Year Ago EPS$86.82
MX:KNSL Q2 2026 Revenue Results
Actual Revenue$9.96B
Expected Revenue$8.08B
Beat/MissBeat by +$1.88B
YoY Revenue Growth+16.75%
Earnings Announcement Details
QuarterQ2 2026
Date07/23/2026
TimeAfter Close
Conference CallThursday, July 23, 2026
MX:KNSL Upcoming Earnings
Kinsale Capital Group's next earnings date is estimated for October 22, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:KNSL Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
Overall the call emphasized strong profitability, underwriting discipline, investment income growth, and active capital deployment (expanded buybacks), while acknowledging notable top-line pressure driven by a soft commercial property market and broader pricing weakness. Management presented multiple offsetting actions — product/distribution expansion, analytics/AI-driven underwriting, conservative reserving, and buybacks — that support confidence in earnings and capital returns despite near-term growth headwinds.Company Guidance
Diluted Operating EPS Growth
Diluted operating earnings per share increased 15.9% year over year to $5.54 in Q2 2026 (from $4.78 in Q2 2025), reflecting improved profitability.
Strong Return on Equity and Combined Ratio
Generated an annualized operating return on equity of 24.4% and produced a very strong combined ratio of 75.5% for the quarter, aided by favorable prior-year reserve development of 4.5 percentage points.
Net Investment Income and Portfolio Returns
Net investment income increased 19.9% versus prior year; annualized gross investment return was 4.5% for H1 2026 (up from 4.3% prior year). New money yields averaging ~5.25% with a fixed-income portfolio duration of ~4.5 years.
Net Earned Premium Growth and Positive Underlying Submission Trends
Net earned premium rose 8.9% for the quarter. New business submissions grew ~6% in Q2; excluding the pressured commercial property division, submissions were up 8% and gross written premium grew 3.7% for the quarter (4.8% for H1).
Float and Capital Deployment
Float (unpaid losses and unearned premium) grew to $3.4 billion (from $3.1 billion year-end 2025). Management expanded the share repurchase authorization by $250 million, increasing total buyback authority to $337 million and indicating continued capital return focus.
Operational Efficiency Gains
Other underwriting expense ratio (measure of operational efficiency) improved to 10.3% from 10.6% year over year; management is deploying AI, automation, and proprietary systems to raise productivity and underwriting accuracy.
Product and Distribution Expansion
Rolled out 9 new product offerings or enhancements year-to-date with 5 imminent launches and ~10 in the pipeline; appointed 24 new wholesale brokers and 176 new retail brokers to expand distribution (Aspera).
MX:KNSL 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