ProAssurance Corporation (PRA) 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 | 262.63M | 269.64M | 274.82M | 272.17M | 268.06M | 284.28M | 280.49M | 281.7M | 281.73M | 295.62M | 275.81M | 285.2M | 273.8M | 295.77M | 279.94M | 250.65M | 275.45M | 298.05M | 294.46M | 269.7M |
| Revenue Growth % | -2.03% | -5.15% | -2.02% | -3.38% | -4.85% | -3.84% | 1.7% | -1.23% | 2.9% | -0.05% | -1.47% | 13.79% | -0.6% | -0.77% | -4.93% | -7.07% | 29.18% | 35.81% | 32.61% | 9.15% |
| Medical Costs & Claims | 0 | 129.32M | 220.8M | 191.7M | 222.34M | 217.98M | 208.68M | 219.82M | 228.39M | 229.68M | 241.77M | 225.86M | 238M | 222.58M | 232.91M | 212.06M | 242.39M | 228.09M | 251.55M | 208.5M |
| Medical Cost Ratio % | 0% | 47.96% | 80.34% | 70.44% | 82.94% | 76.68% | 74.4% | 78.03% | 81.07% | 77.69% | 87.66% | 79.19% | 86.93% | 75.25% | 83.2% | 84.61% | 88% | 76.53% | 85.43% | 77.31% |
| Gross Profit | 0 | 140.32M | 54.02M | 80.47M | 45.72M | 66.3M | 71.8M | 61.88M | 53.35M | 65.94M | 34.03M | 59.34M | 35.8M | 73.19M | 47.03M | 38.58M | 33.06M | 69.96M | 42.91M | 61.2M |
| Gross Margin % | 0% | 52.04% | 19.66% | 29.56% | 17.06% | 23.32% | 25.6% | 21.97% | 18.93% | 22.31% | 12.34% | 20.81% | 13.07% | 24.75% | 16.8% | 15.39% | 12% | 23.47% | 14.57% | 22.69% |
| Gross Profit Growth % | -100% | 111.63% | -24.76% | 30.02% | -14.29% | 0.55% | 110.97% | 4.29% | 49.03% | -9.9% | -27.63% | 53.82% | 8.27% | 4.62% | 9.6% | -36.96% | -14.16% | 33.54% | -13.22% | 469.07% |
| Operating Expenses | 72.53M | 93.72M | 49.65M | 53.03M | 52.05M | 47.57M | 50.7M | 43.96M | 48.03M | 56.21M | 88.12M | 45.79M | 44.14M | 58.44M | 58.83M | 42.17M | 38.64M | 32.2M | 30.98M | -27.25M |
| OpEx / Revenue % | 27.62% | 34.76% | 18.07% | 19.48% | 19.42% | 16.73% | 18.08% | 15.6% | 17.05% | 19.01% | 31.95% | 16.05% | 16.12% | 19.76% | 21.01% | 16.83% | 14.03% | 10.8% | 10.52% | -10.1% |
| Depreciation & Amortization | 0 | 3.02M | 3.31M | 3.54M | 3.82M | 4.11M | 3.88M | 4.43M | 5.33M | 5.93M | 6.45M | 5.95M | 7.68M | 8.02M | 9.64M | 10.06M | 10.35M | 10.68M | 10.25M | 9.6M |
| Combined Ratio % | 27.62% | 82.72% | 98.41% | 89.92% | 102.36% | 93.41% | 92.48% | 93.64% | 98.11% | 96.71% | 119.61% | 95.25% | 103.05% | 95.01% | 104.21% | 101.43% | 102.02% | 87.33% | 95.95% | 67.2% |
| Operating Income | 12.72M | 46.6M | 4.37M | 27.43M | -6.33M | 18.73M | 21.1M | 17.93M | 5.32M | 9.73M | -54.09M | 13.55M | -8.35M | 14.75M | -11.8M | -3.59M | -5.58M | 37.76M | 11.93M | 88.45M |
| Operating Margin % | 4.84% | 17.28% | 1.59% | 10.08% | -2.36% | 6.59% | 7.52% | 6.36% | 1.89% | 3.29% | -19.61% | 4.75% | -3.05% | 4.99% | -4.21% | -1.43% | -2.02% | 12.67% | 4.05% | 32.8% |
| Operating Income Growth % | 300.87% | 148.74% | -79.29% | 53.02% | -219.07% | 92.47% | 139.01% | 32.28% | 163.72% | -34.02% | -358.46% | 477.34% | -49.65% | -60.93% | -198.89% | -104.06% | -165.84% | 74.82% | 108.07% | 255.77% |
| EBITDA | 12.72M | 49.62M | 7.68M | 30.98M | -2.51M | 22.84M | 24.98M | 22.36M | 10.65M | 15.66M | -47.63M | 19.51M | -669K | 22.77M | -2.16M | 6.47M | 4.77M | 48.44M | 22.18M | 98.05M |
| EBITDA Margin % | 4.84% | 18.4% | 2.79% | 11.38% | -0.94% | 8.03% | 8.91% | 7.94% | 3.78% | 5.3% | -17.27% | 6.84% | -0.24% | 7.7% | -0.77% | 2.58% | 1.73% | 16.25% | 7.53% | 36.36% |
| Interest Expense | 5.09M | 5.22M | 5.24M | 5.22M | 5.16M | 5.34M | 5.7M | 5.65M | 5.66M | 6.67M | 5.51M | 5.5M | 5.46M | 5.5M | 5.51M | 4.92M | 4.44M | 5.52M | 5.81M | 5.18M |
| Non-Operating Income | 0 | -5.22M | -5.24M | -5.22M | -5.16M | -5.34M | -5.7M | -5.65M | -5.66M | -6.67M | -5.51M | -5.5M | -5.46M | -5.5M | -5.51M | -4.92M | -4.44M | -5.52M | -5.81M | -5.18M |
| Pretax Income | 9.19M | 46.6M | 4.37M | 27.43M | -6.33M | 18.73M | 21.1M | 17.93M | 5.32M | 9.73M | -54.09M | 13.55M | -8.35M | 14.75M | -11.8M | -3.59M | -5.58M | 37.76M | 11.93M | 88.45M |
| Pretax Margin % | 3.5% | 17.28% | 1.59% | 10.08% | -2.36% | 6.59% | 7.52% | 6.36% | 1.89% | 3.29% | -19.61% | 4.75% | -3.05% | 4.99% | -4.21% | -1.43% | -2.02% | 12.67% | 4.05% | 32.8% |
| Income Tax | 549K | 13.23M | 2.92M | 5.51M | -510K | 2.56M | 4.66M | 2.42M | 692K | 3.36M | -4.66M | 2.93M | -2.17M | 809K | -2.67M | -1.93M | -2.02M | 5.62M | -270K | -3.6M |
| Effective Tax Rate % | 5.97% | 28.39% | 66.9% | 20.1% | 8.05% | 13.69% | 22.07% | 13.5% | 13.01% | 34.48% | 8.61% | 21.6% | 26.02% | 5.48% | 22.66% | 53.81% | 36.17% | 14.87% | -2.26% | -4.07% |
| Net Income | 8.46M | 33.37M | 1.45M | 21.92M | -5.82M | 16.17M | 16.44M | 15.51M | 4.63M | 6.38M | -49.43M | 10.63M | -6.17M | 13.94M | -9.13M | -1.66M | -3.56M | 32.14M | 12.2M | 92.05M |
| Net Margin % | 3.22% | 12.38% | 0.53% | 8.05% | -2.17% | 5.69% | 5.86% | 5.51% | 1.64% | 2.16% | -17.92% | 3.73% | -2.25% | 4.71% | -3.26% | -0.66% | -1.29% | 10.78% | 4.14% | 34.13% |
| Net Income Growth % | 245.33% | 106.38% | -91.2% | 41.35% | -225.85% | 153.55% | 133.26% | 45.93% | 174.93% | -54.26% | -441.74% | 740.57% | -73.43% | -56.62% | -174.8% | -101.8% | -146.02% | 124.68% | 108.13% | 608.59% |
| EPS (Diluted) | 0.16 | 0.64 | 0.03 | 0.42 | -0.11 | 0.32 | 0.32 | 0.30 | 0.09 | 0.13 | -0.95 | 0.20 | -0.11 | 0.26 | -0.17 | -0.03 | -0.07 | 0.59 | 0.23 | 1.70 |
| EPS Growth % | 245.45% | 100% | -91.28% | 40% | -221.68% | 146.15% | 133.68% | 50% | 182.18% | -50% | -458.82% | 753.59% | -57.14% | -55.93% | -173.91% | -101.8% | -150% | 118.52% | 108.27% | 600% |
| EPS (Basic) | 0.16 | 0.65 | 0.03 | 0.43 | -0.11 | 0.32 | 0.32 | 0.30 | 0.09 | 0.13 | -0.95 | 0.20 | -0.11 | 0.26 | -0.17 | -0.03 | -0.07 | 0.60 | 0.23 | 1.71 |
| Diluted Shares Outstanding | 51.81M | 51.8M | 51.76M | 51.68M | 51.45M | 51.41M | 51.28M | 51.23M | 51.15M | 51.15M | 52.01M | 53.92M | 54.12M | 54.11M | 54.12M | 54.19M | 54.14M | 54.11M | 54.08M | 54.05M |