AMERISAFE, Inc. (AMSF) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 80.09M | 81.59M | 81.98M | 81.1M | 72.61M | 74.05M | 78.71M | 75.85M | 80.51M | 80.12M | 72.66M | 75.67M | 78.46M | 79.78M | 71.4M | 68.05M | 75.47M | 78.38M | 73.03M | 81.17M |
| Revenue Growth % | 10.3% | 10.19% | 4.16% | 6.93% | -9.8% | -7.58% | 8.33% | 0.23% | 2.61% | 0.43% | 1.76% | 11.21% | 3.96% | 1.78% | -2.23% | -16.16% | -9.58% | -11.14% | -12.09% | -8.83% |
| Medical Costs & Claims | 46.44M | 28.95M | 47.88M | 46.89M | 46.21M | 37.5M | 44.79M | 46.54M | 45.87M | 0 | 43.13M | 41.49M | 44.81M | 41.92M | 43.15M | 45.78M | 42.95M | 64.53M | 34.83M | 37.73M |
| Medical Cost Ratio % | 57.98% | 35.48% | 58.4% | 57.82% | 63.64% | 50.64% | 56.91% | 61.36% | 56.98% | 0% | 59.36% | 54.83% | 57.12% | 52.55% | 60.43% | 67.27% | 56.91% | 82.32% | 47.7% | 46.49% |
| Gross Profit | 33.65M | 52.6M | 34.11M | 34.21M | 26.4M | 36.55M | 33.92M | 29.3M | 34.63M | 80.12M | 29.53M | 34.19M | 33.65M | 37.85M | 28.25M | 22.27M | 32.52M | 13.85M | 38.2M | 43.43M |
| Gross Margin % | 42.02% | 64.47% | 41.6% | 42.18% | 36.36% | 49.36% | 43.09% | 38.64% | 43.02% | 100% | 40.64% | 45.17% | 42.88% | 47.45% | 39.57% | 32.73% | 43.09% | 17.68% | 52.3% | 53.51% |
| Gross Profit Growth % | 27.47% | 43.94% | 0.55% | 16.72% | -23.77% | -54.39% | 14.87% | -14.28% | 2.94% | 111.67% | 4.51% | 53.5% | 3.47% | 173.23% | -26.03% | -48.72% | -15.47% | -70.06% | 1.38% | -4.93% |
| Operating Expenses | 23.49M | 39.91M | 16.63M | 16.75M | 15.18M | 19.77M | 16.13M | 15.56M | 13.89M | 56.17M | 17.2M | 14.62M | 12.11M | 12.2M | 14.8M | 15.15M | 11.09M | 11.92M | 13.47M | 14.26M |
| OpEx / Revenue % | 29.33% | 48.91% | 20.28% | 20.65% | 20.9% | 26.7% | 20.49% | 20.52% | 17.25% | 70.11% | 23.67% | 19.32% | 15.44% | 15.3% | 20.73% | 22.26% | 14.7% | 15.21% | 18.45% | 17.57% |
| Depreciation & Amortization | 175K | 150K | 183K | 195K | 214K | 258K | 277K | 230K | 328K | 355K | 373K | 349K | 350K | 356K | 351K | 308K | 294K | 263K | 244K | 240K |
| Combined Ratio % | 87.31% | 84.4% | 78.68% | 78.48% | 84.55% | 77.35% | 77.39% | 81.88% | 74.23% | 70.11% | 83.03% | 74.14% | 72.55% | 67.85% | 81.16% | 89.53% | 71.61% | 97.54% | 66.15% | 64.06% |
| Operating Income | 10.16M | 12.69M | 17.48M | 17.45M | 11.22M | 16.77M | 17.79M | 13.74M | 20.75M | 23.95M | 12.33M | 19.57M | 21.54M | 25.65M | 13.45M | 7.12M | 21.42M | 1.93M | 24.72M | 29.17M |
| Operating Margin % | 12.69% | 15.56% | 21.32% | 21.52% | 15.45% | 22.65% | 22.61% | 18.12% | 25.77% | 29.89% | 16.97% | 25.86% | 27.45% | 32.15% | 18.84% | 10.47% | 28.39% | 2.46% | 33.85% | 35.94% |
| Operating Income Growth % | -9.46% | -24.32% | -1.75% | 27% | -45.91% | -29.95% | 44.34% | -29.76% | -3.67% | -6.64% | -8.36% | 174.72% | 0.53% | 1227.64% | -45.59% | -75.58% | -9.32% | -94.58% | -13.77% | -0.75% |
| EBITDA | 10.34M | 12.84M | 17.66M | 17.65M | 11.44M | 17.03M | 18.07M | 13.97M | 21.07M | 24.3M | 12.7M | 19.92M | 21.89M | 26.01M | 13.8M | 7.43M | 21.72M | 2.19M | 24.96M | 29.41M |
| EBITDA Margin % | 12.9% | 15.74% | 21.55% | 21.76% | 15.75% | 23% | 22.96% | 18.42% | 26.18% | 30.33% | 17.48% | 26.32% | 27.89% | 32.6% | 19.33% | 10.92% | 28.78% | 2.8% | 34.18% | 36.24% |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-Operating Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 10.16M | 12.69M | 17.48M | 17.45M | 11.22M | 16.77M | 17.79M | 13.74M | 20.75M | 23.95M | 12.33M | 19.57M | 21.54M | 25.65M | 13.45M | 7.12M | 21.42M | 1.93M | 24.72M | 29.17M |
| Pretax Margin % | 12.69% | 15.56% | 21.32% | 21.52% | 15.45% | 22.65% | 22.61% | 18.12% | 25.77% | 29.89% | 16.97% | 25.86% | 27.45% | 32.15% | 18.84% | 10.47% | 28.39% | 2.46% | 33.85% | 35.94% |
| Income Tax | 2.02M | 2.27M | 3.66M | 3.5M | 2.27M | 3.58M | 3.47M | 2.75M | 3.82M | 4.77M | 2.37M | 3.94M | 4.2M | 4.87M | 2.09M | 991K | 4.09M | -1.61M | 5.58M | 5.4M |
| Effective Tax Rate % | 19.83% | 17.89% | 20.95% | 20.05% | 20.25% | 21.34% | 19.5% | 20.02% | 18.41% | 19.9% | 19.19% | 20.14% | 19.48% | 18.99% | 15.54% | 13.91% | 19.1% | -83.28% | 22.59% | 18.53% |
| Net Income | 8.14M | 10.42M | 13.82M | 13.96M | 8.95M | 13.19M | 14.32M | 10.99M | 16.93M | 19.18M | 9.96M | 15.63M | 17.34M | 20.78M | 11.36M | 6.13M | 17.33M | 3.54M | 19.14M | 23.77M |
| Net Margin % | 10.17% | 12.77% | 16.85% | 17.21% | 12.32% | 17.82% | 18.2% | 14.49% | 21.02% | 23.94% | 13.71% | 20.65% | 22.1% | 26.05% | 15.91% | 9.01% | 22.97% | 4.52% | 26.2% | 29.28% |
| Net Income Growth % | -8.98% | -21% | -3.53% | 26.94% | -47.13% | -31.21% | 43.8% | -29.65% | -2.39% | -7.69% | -12.32% | 154.84% | 0.05% | 486.78% | -40.63% | -74.2% | -10.26% | -87.58% | -18.06% | -0.76% |
| EPS (Diluted) | 0.43 | 0.55 | 0.72 | 0.73 | 0.47 | 0.69 | 0.75 | 0.57 | 0.88 | 1.00 | 0.52 | 0.81 | 0.90 | 1.08 | 0.59 | 0.32 | 0.89 | 0.18 | 0.99 | 1.23 |
| EPS Growth % | -8.51% | -20.29% | -4% | 28.07% | -46.59% | -31% | 44.23% | -29.63% | -2.22% | -7.41% | -11.86% | 153.13% | 1.12% | 500% | -40.4% | -73.98% | -10.1% | -87.76% | -18.18% | -0.81% |
| EPS (Basic) | 0.43 | 0.55 | 0.73 | 0.73 | 0.47 | 0.69 | 0.75 | 0.58 | 0.89 | 1.00 | 0.52 | 0.82 | 0.91 | 1.09 | 0.59 | 0.32 | 0.90 | 0.18 | 0.99 | 1.23 |
| Diluted Shares Outstanding | 18.86M | 18.97M | 19.07M | 19.12M | 19.15M | 19.12M | 19.11M | 19.15M | 19.21M | 19.22M | 19.22M | 19.2M | 19.23M | 19.21M | 19.27M | 19.33M | 19.43M | 19.42M | 19.41M | 19.38M |