James River Group Holdings (JRVR) Financial Statements & Analysis

James River Group Holdings (JRVR) Income Statement

James River Group Holdings reported revenue of $687.61M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 2.8% from $707.63M a year earlier. Net income was $47.43M, a net margin of 6.9%. Gross margin was 28.4% and operating margin 7.4%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $161.34M, down 7.7% from the same quarter a year earlier.

James River Group Holdings Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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James River Group Holdings, Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	687.61	707.63	812.01	661.51	609.04	668.69	907.13	885.60	817.63
Cost of Revenue	492.65	620.33	572.79	490.45	614.06	554.12	756.00	711.38	671.38
Gross Profit	194.97	87.29	239.22	171.06	-5.03	114.57	151.13	174.22	146.25
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.00	0.00	0.00	0.00	0.00	1.97	1.06	1.72	0.68
Operating Expenses	144.43	158.41	152.31	117.79	103.11	102.63	99.26	103.38	91.10
Operating Income	50.54	-71.12	86.91	53.27	-99.21	11.94	51.87	70.84	55.15
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	23.54	24.67	24.63	13.87	-8.92	-10.03	10.60	11.55	8.97
Other Income/Expense	6.08	0.00	0.00	4.31	-8.92	0.00	0.00	0.00	0.00
Income
Income Before Tax	50.54	-71.12	86.91	53.27	-108.13	11.94	51.87	70.84	55.15
Income Tax Expense	0.72	-7.63	25.71	18.41	-23.24	7.11	13.53	7.01	11.58
Net Income	47.43	-81.12	-107.68	30.97	-172.80	4.82	38.34	63.83	43.57
Net Income - Continuous Operations	49.82	-81.12	-107.68	34.86	-84.90	4.82	38.34	63.83	43.57
Net Income - Discontinued Operations	-2.39	-17.63	-168.89	-3.89	-87.90	-	-	-	-
EBITDA	74.60	-47.16	111.07	68.19	-94.49	29.13	66.53	86.61	66.24
EBIT	74.08	-46.45	111.54	67.14	-99.21	24.11	-	-	-
Depreciation & Amortization	0.36	-0.71	-0.48	0.36	4.72	5.02	4.06	4.22	2.12
Earnings Per Share
Basic EPS	1.00	-3.00	-3.00	1.00	-5.00	-	1.00	2.00	1.00
Diluted EPS	1.00	-3.00	-3.00	1.00	-5.00	-	1.00	2.00	1.00
Basic Shares Outstanding	45.97	38.69	37.62	37.44	34.96	30.55	30.28	29.89	29.46
Diluted Shares Outstanding	60.01	38.69	37.81	37.65	34.96	30.88	30.67	30.31	30.27

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About James River Group Holdings Financial Statements

What was James River Group Holdings's revenue in fiscal 2025?

James River Group Holdings reported revenue of $687.61M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 2.8% from $707.63M a year earlier.

Is James River Group Holdings profitable?

Yes. James River Group Holdings earned net income of $47.43M in fiscal 2025, a net margin of 6.9%. In fiscal 2024 it lost $81.12M.

What is James River Group Holdings's operating margin?

James River Group Holdings's operating income was $50.54M on revenue of $687.61M in fiscal 2025, an operating margin of 7.4%, compared with -10.1% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition