Computed from published fixed rules, not a model's judgement — though one input, the count of high-severity risks, comes from the AI analysis below.
Not investment advice and not a price target: it scores the quarter's fundamentals, not the stock. Full methodology →
AI Takeaway
EG reported Q1 FY2026 net income of $653M, surging 211% YoY despite a 4.6% revenue decline to $4.07B, driven by significantly improved profitability rather than top-line growth.
Revenue
$4.07B
-4.57% YoY
EPS (Diluted)
$16.21
+230.82% YoY
Source: SEC XBRL
Everest Group (EG) reported Q1 FY2026 revenue of $4.07B, down 4.6% year over year. Operating cash flow was $649M, down 30.1% year over year. EG's fiscal Q1 FY2026 corresponds to calendar Q1 2026.
Last 4 quarters: 2 beats
| Quarter | Actual EPS (USD) | Consensus (USD) | Result |
|---|---|---|---|
| Jun 2026 | 14.85 | 14.83 | Beat +0.2% |
| Mar 2026This filing | 16.08 | 14.39 | Beat +11.7% |
| Dec 2025 | 13.26 | 13.56 | Miss -2.2% |
| Sep 2025 | 7.54 | 14.82 | Miss -49.1% |
Adjusted (non-GAAP) EPS of $16.08 versus the $14.39 analyst consensus — a +11.7% beat for Mar 2026. Analyst consensus is quoted on the adjusted (non-GAAP) basis the street uses. GAAP diluted EPS for this quarter was $16.21.
Compiled by AI from this SEC filing
Revenue fell 4.6% YoY to $4.07B in Q1 FY2026 from $4.26B in the prior-year period, yet net income more than tripled to $653M from $210M, suggesting substantial improvements in cost management, mix shift, or one-time gains boosting the bottom line.
Source: 10-Q Income Statement
Basic and diluted EPS both reached $16.21 in Q1 FY2026, up 230.8% from $4.90 in Q1 FY2025, with the outsized EPS growth relative to net income growth partly attributable to share buybacks reducing the share count.
Source: 10-Q Income Statement
EG repurchased $330M in shares during Q1 FY2026, a 65% increase from $200M in the prior-year quarter, reflecting management's confidence in the company's financial position and commitment to returning capital to shareholders.
Source: 10-Q Cash Flow Statement
Total assets grew 7.2% YoY to $62.34B, while stockholders' equity increased 8.1% to $15.29B, indicating a strengthening balance sheet even as total liabilities rose 7.0% to $47.05B.
Source: 10-Q Balance Sheet
Operating cash flow declined 30.1% YoY to $649M from $928M, a notable divergence from the strong net income growth, which may reflect working capital changes or timing differences that warrant monitoring in subsequent quarters.
Source: 10-Q Cash Flow Statement
Compiled by AI from this SEC filing · 3 high, 2 medium, 0 low
Despite net income tripling to $653M, operating cash flow fell 30.1% to $649M, suggesting potential working capital headwinds or non-cash items inflating reported earnings. This divergence could signal earnings quality concerns that may affect future cash generation.
Source: 10-Q Cash Flow Statement
Revenue declined 4.6% YoY to $4.07B, indicating potential headwinds in EG's core business. If top-line pressure persists without continued margin improvement, overall profitability could be at risk in future quarters.
Source: 10-Q Income Statement
EG's debt-to-equity ratio stands at approximately 3.08, reflecting significant financial leverage with total liabilities of $47.05B against stockholders' equity of $15.29B. Elevated leverage increases sensitivity to interest rate changes and could constrain financial flexibility.
Source: 10-Q Balance Sheet
Share buybacks increased 65% YoY to $330M while operating cash flow declined, raising questions about the sustainability of the current capital return program. Continued buybacks funded by means other than operating cash flow could pressure the balance sheet over time.
Source: 10-Q Cash Flow Statement
ROA of approximately 1.05% indicates that EG generates relatively modest returns on its $62.34B asset base, suggesting potential inefficiencies in asset utilization that could limit long-term value creation if not addressed.
Source: 10-Q Balance Sheet / Key Ratios
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue $B | 4.07 $B | 4.26 $B | -4.57% |
Net Income $M | 653.00 $M | 210.00 $M | +210.95% |
EPS (Basic) $ | 16.21 $ | 4.90 $ | +230.82% |
EPS (Diluted) $ | 16.21 $ | 4.90 $ | +230.82% |
Answers draw on this SEC filing and the data on this page
Everest Group's Q2 FY2026 results reflected its pivot to a focused reinsurance and specialty insurance model, with legacy run-off dragging total premiums down 19% while core underwriting gains held steady.
EG delivered solid FY2025 results with revenue growing 1.2% to $17.5B and net income surging 15.9% to $1.59B, though operating cash flow declined sharply by 38.1% to $3.07B.