Erie Indemnity Company (ERIE) 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 | 1.01B | 951.2M | 1.3B | 1.06B | 989.4M | 924.09M | 999.89M | 990.44M | 880.7M | 817.67M | 858.94M | 839.87M | 752.47M | 700.63M | 741.24M | 726.14M | 672.11M | 635.93M | 687.84M | 680.03M |
| Revenue Growth % | 2.28% | 2.93% | 30.42% | 7.03% | 12.34% | 13.02% | 16.41% | 17.93% | 17.04% | 16.7% | 15.88% | 15.66% | 11.96% | 10.17% | 7.76% | 6.78% | 6.65% | 4.38% | 5.26% | 3.5% |
| Medical Costs & Claims | 0 | 812.46M | 857.82M | 860.92M | 838.02M | 756.78M | 819.76M | 800.23M | 741.89M | 690.58M | 710.47M | 705.71M | 641.92M | 619.21M | 634.76M | 622.14M | 587.8M | 574.1M | 592.74M | 594.97M |
| Medical Cost Ratio % | 0% | 85.41% | 65.78% | 81.21% | 84.7% | 81.89% | 81.99% | 80.8% | 84.24% | 84.46% | 82.71% | 84.03% | 85.31% | 88.38% | 85.64% | 85.68% | 87.46% | 90.28% | 86.17% | 87.49% |
| Gross Profit | 0 | 138.74M | 446.26M | 199.17M | 151.38M | 167.31M | 180.13M | 190.21M | 138.81M | 127.08M | 148.47M | 134.16M | 110.54M | 81.43M | 106.47M | 104M | 84.31M | 61.83M | 95.1M | 85.06M |
| Gross Margin % | 0% | 14.59% | 34.22% | 18.79% | 15.3% | 18.11% | 18.01% | 19.2% | 15.76% | 15.54% | 17.29% | 15.97% | 14.69% | 11.62% | 14.36% | 14.32% | 12.54% | 9.72% | 13.83% | 12.51% |
| Gross Profit Growth % | -100% | -17.08% | 147.75% | 4.71% | 9.05% | 31.65% | 21.32% | 41.78% | 25.57% | 56.07% | 39.45% | 29% | 31.11% | 31.69% | 11.95% | 22.26% | 10.8% | -4.95% | -1.17% | -6.72% |
| Operating Expenses | 845.12M | -19M | 236.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OpEx / Revenue % | 83.52% | -2% | 18.1% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Depreciation & Amortization | 0 | 19.15M | 18.4M | 14.13M | 14.13M | 14.13M | 11.85M | 11.85M | 11.85M | 11.85M | 11.54M | 11.54M | 11.54M | 11.54M | 9.3M | 9.3M | 9.3M | 9.3M | 5.3M | 5.3M |
| Combined Ratio % | 83.52% | 83.42% | 83.88% | 81.21% | 84.7% | 81.89% | 81.99% | 80.8% | 84.24% | 84.46% | 82.71% | 84.03% | 85.31% | 88.38% | 85.64% | 85.68% | 87.46% | 90.28% | 86.17% | 87.49% |
| Operating Income | 166.79M | 157.74M | 210.25M | 199.17M | 151.38M | 167.31M | 180.13M | 190.21M | 138.81M | 127.08M | 148.47M | 134.16M | 110.54M | 81.43M | 106.47M | 104M | 84.31M | 61.83M | 95.1M | 85.06M |
| Operating Margin % | 16.48% | 16.58% | 16.12% | 18.79% | 15.3% | 18.11% | 18.01% | 19.2% | 15.76% | 15.54% | 17.29% | 15.97% | 14.69% | 11.62% | 14.36% | 14.32% | 12.54% | 9.72% | 13.83% | 12.51% |
| Operating Income Growth % | 10.18% | -5.72% | 16.73% | 4.71% | 9.05% | 31.65% | 21.32% | 41.78% | 25.57% | 56.07% | 39.45% | 29% | 31.11% | 31.69% | 11.95% | 22.26% | 10.8% | -4.95% | -1.17% | -6.72% |
| EBITDA | 166.79M | 176.89M | 228.65M | 213.31M | 165.51M | 181.44M | 191.98M | 202.06M | 150.67M | 138.94M | 160.01M | 145.7M | 122.08M | 92.97M | 115.77M | 113.3M | 93.61M | 71.14M | 100.4M | 90.36M |
| EBITDA Margin % | 16.48% | 18.6% | 17.53% | 20.12% | 16.73% | 19.63% | 19.2% | 20.4% | 17.11% | 16.99% | 18.63% | 17.35% | 16.22% | 13.27% | 15.62% | 15.6% | 13.93% | 11.19% | 14.6% | 13.29% |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 115K | 895K | 999K | 1.05M | 1.03M | 1.04M |
| Non-Operating Income | 0 | 75.39M | 0 | -5.63M | -6.1M | -15.15M | -4.9M | -9.4M | -8.66M | -8.14M | -8.14M | -8.14M | -8.14M | -1.51M | -1.51M | -1.51M | -1.51M | 1.02M | 1.02M | 1.02M |
| Pretax Income | 190.33M | 82.35M | 232.76M | 220.75M | 174.75M | 191.81M | 200.84M | 207.33M | 157.3M | 139.92M | 163.77M | 149.09M | 109.15M | 81.96M | 106.35M | 101.35M | 86.8M | 69.83M | 114.13M | 99.9M |
| Pretax Margin % | 18.81% | 8.66% | 17.85% | 20.82% | 17.66% | 20.76% | 20.09% | 20.93% | 17.86% | 17.11% | 19.07% | 17.75% | 14.51% | 11.7% | 14.35% | 13.96% | 12.91% | 10.98% | 16.59% | 14.69% |
| Income Tax | 39.85M | 18.97M | 49.91M | 46.06M | 36.33M | 39.78M | 41.01M | 43.42M | 32.75M | 29M | 32.73M | 31.24M | 22.91M | 16.47M | 22.04M | 21.2M | 18.18M | 14.79M | 23.9M | 20.87M |
| Effective Tax Rate % | 20.94% | 23.03% | 21.44% | 20.87% | 20.79% | 20.74% | 20.42% | 20.94% | 20.82% | 20.72% | 19.99% | 20.95% | 20.99% | 20.1% | 20.72% | 20.92% | 20.94% | 21.17% | 20.94% | 20.89% |
| Net Income | 150.47M | 63.38M | 182.85M | 174.69M | 138.42M | 152.03M | 159.83M | 163.9M | 124.55M | 110.93M | 131.04M | 117.85M | 86.24M | 65.49M | 84.31M | 80.15M | 68.62M | 55.04M | 90.22M | 79.03M |
| Net Margin % | 14.87% | 6.66% | 14.02% | 16.48% | 13.99% | 16.45% | 15.98% | 16.55% | 14.14% | 13.57% | 15.26% | 14.03% | 11.46% | 9.35% | 11.37% | 11.04% | 10.21% | 8.66% | 13.12% | 11.62% |
| Net Income Growth % | 8.71% | -58.31% | 14.4% | 6.58% | 11.13% | 37.05% | 21.97% | 39.08% | 44.42% | 69.38% | 55.42% | 47.04% | 25.68% | 18.98% | -6.55% | 1.41% | -6.72% | -12.33% | 1.13% | -3.6% |
| EPS (Diluted) | 2.86 | 1.20 | 3.47 | 3.34 | 2.65 | 2.91 | 3.06 | 3.13 | 2.38 | 2.11 | 2.51 | 2.25 | 1.65 | 1.24 | 1.61 | 1.53 | 1.31 | 1.05 | 1.72 | 1.51 |
| EPS Growth % | 7.92% | -58.76% | 13.4% | 6.71% | 11.34% | 37.91% | 21.91% | 39.11% | 44.24% | 70.16% | 55.9% | 47.06% | 25.95% | 18.1% | -6.4% | 1.32% | -7.09% | -12.5% | 0.58% | -3.82% |
| EPS (Basic) | 3.23 | 1.36 | 3.93 | 3.75 | 2.97 | 3.26 | 3.43 | 3.52 | 2.67 | 2.38 | 2.81 | 2.53 | 1.85 | 1.41 | 1.81 | 1.37 | 1.17 | 1.18 | 1.94 | 1.70 |
| Diluted Shares Outstanding | 52.69M | 52.69M | 52.69M | 52.31M | 58.41M | 52.31M | 52.31M | 52.69M | 52.68M | 52.68M | 52.68M | 52.68M | 58.4M | 52.68M | 52.3M | 58.4M | 58.4M | 52.31M | 52.31M | 58.4M |