Company file · ACGL
Arch Capital Group
Arch Capital Group's revenue rose 14.3% in FY2025, to $19.9B, and net income rose 2.0% to $4.4B
Revenue rose 14.3% to $19.9B in FY2025, from $17.4B in FY2024. Net income rose 2.0% to $4.4B.
Key facts
Arch Capital Group (Nasdaq: ACGL) reported revenue of $19.9B for fiscal 2025, the year ended Dec 31, 2025, up 14.3% from fiscal 2024. Net income was $4.4B, up 2.0%. In its latest 10-Q, for the quarter ended Sep 30, 2026, revenue was $4.7B, down 8.9% from the same quarter a year earlier, and net income was $1.0B. Sources: 10-K for fiscal 2025 (filed Feb 26, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 4, 2026).
Source: 10-K FY2025, filed Feb 26, 2026
Source: 10-Q filed May 5, 2026 · 10-Q filed Aug 4, 2026 · 10-Q filed Nov 4, 2026
How it makes money
Arch Capital Group reported revenue of $19.9B for FY2025, and net income of $4.4B.
Learn more: Revenue vs. net income · Gross, operating and net margin
What changed last quarter
Comparing Q3 2026 (Jul to Sep 2026) compared with Q3 2025 (Jul to Sep 2025)
Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.
Q3 2026Q3 2025
Company
Source: Arch Capital Group 10-Q for the quarter ended Sep 30, 2026, filed Nov 4, 2026
The bull case and the bear case
The bull case
- Revenue rose 14.3% in FY2025 to $19.9B, from $17.4B a year earlier. 10-K, FY2025
- Net income rose 2.0% in FY2025 to $4.4B, from $4.3B. 10-K, FY2025
- Diluted shares fell 1.5% in FY2025, so each share represents a larger slice of profit. 10-K, FY2025
The bear case
- Revenue in the quarter ended Sep 30, 2026 was $4.7B, down 8.9% on a year earlier. 10-Q, quarter ended Sep 30, 2026
- Net income in the quarter ended Sep 30, 2026 was $1.0B, down 23.3% on a year earlier. 10-Q, quarter ended Sep 30, 2026
- The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include catastrophes and claims; reserves; investments and rates. 10-K, Item 1A
What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.
What the company does
Arch Capital Group is in the property & casualty insurance industry, part of the financials sector. The SEC files it under Fire, Marine & Casualty Insurance.
The full description of Arch Capital Group's business is in Item 1 of its 10-K, linked below. This page shows its revenue in total only, because its tagged data has no breakdown that adds up to total revenue.
Its fiscal year ends in December; the latest, FY2025, ended Dec 31, 2025.
Source: 10-K, Item 1 Business
Risks common in this industry
These are general risks for companies in the property & casualty insurance industry. They are not a summary of Arch Capital Group’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.
- Catastrophes and claimsStorms, disasters and large claims can cause losses that are hard to predict.
- ReservesInsurers estimate future claims, and estimates can turn out too low.
- Investments and ratesReturns on the investment portfolio move with interest rates and markets.
- RegulationState and national insurance rules shape pricing, capital and products.
- Competition and pricingRivals can cut prices, and premiums may not keep pace with claims costs.
Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)
Three years of key numbers
Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.
- Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
- Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
- Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.
Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator
Explainers for this page
- Risk factors (Item 1A)
- The cash flow statement
- Segment reporting
- Market cap and enterprise value
- Return on equity (ROE)
- How to read a 10-Q
- Internal control and material weaknesses
Plain-English guides to terms this file uses, with real numbers from filings.
About these numbers
- Arch Capital Group's revenue is the total revenue figure in its filings. For financial companies it can combine interest, fees, premiums and other income, so it isn't directly comparable with revenue at companies that sell products.
What we left out
- Operating cash flow, total debt and cash are left out: for this kind of financial company they mostly reflect lending, trading or investing flows and say little about the business, and they aren't comparable with other companies'.
- Revenue by segment, product or region: the company's XBRL data has no breakdown that adds up to total revenue, so none is shown. The 10-K has its own segment note.
Recent filings
| Form | Filed | Period |
|---|---|---|
| 10-Q | Nov 4, 2026 | Sep 30, 2026 |
| 10-Q | Aug 4, 2026 | Jun 30, 2026 |
| 10-Q | May 5, 2026 | Mar 31, 2026 |
| DEF 14A | Mar 24, 2026 | May 5, 2026 |
| 10-K | Feb 26, 2026 | Dec 31, 2025 |
Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters
Common questions about Arch Capital Group
How does Arch Capital Group make money?
Arch Capital Group's revenue was $19.9B in fiscal 2025. Arch Capital Group reported revenue of $19.9B for FY2025, and net income of $4.4B. Source: 10-K for fiscal 2025, filed Feb 26, 2026.
What was Arch Capital Group's revenue in fiscal 2025?
$19.9B of revenue for the fiscal year ended Dec 31, 2025, up 14.3% from $17.4B in fiscal 2024. Fiscal 2023 was $13.6B. Source: 10-K for fiscal 2025, filed Feb 26, 2026.
Is Arch Capital Group profitable?
Arch Capital Group reported net income of $4.4B for fiscal 2025, up 2.0% from $4.3B in fiscal 2024. That is a profit under US accounting rules (GAAP). In the quarter ended Sep 30, 2026, net income was $1.0B. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 26, 2026.
What did Arch Capital Group report in its latest quarterly filing?
Revenue was $4.7B in the quarter ended Sep 30, 2026, down 8.9% from $5.1B a year earlier. Net income was $1.0B, down 23.3% from $1.4B. Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 4, 2026.
What are the main risks Arch Capital Group faces?
Arch Capital Group's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 26, 2026. Risks that are common among companies in the property & casualty insurance industry include Catastrophes and claims; reserves; investments and rates; regulation; competition and pricing. The first: Storms, disasters and large claims can cause losses that are hard to predict. Source: 10-K, Item 1A Risk Factors.
Where do these Arch Capital Group numbers come from?
From Arch Capital Group's own SEC filings: the 10-K for fiscal 2025 (filed Feb 26, 2026) and the 10-Q for the quarter ended Sep 30, 2026 (filed Nov 4, 2026), read through the SEC's public XBRL data. Each number on this page links to its filing. Methodology explains how fiscal years and missing numbers are handled.
Tracked funds that report owning Arch Capital Group
- GQG Partners: 1,717,256 shares, reported value $166.7M at Jun 30, 2026 (+4.3% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 12, 2026.
- Two Sigma Investments: 787,208 shares, reported value $76.4M at Jun 30, 2026 (−38.2% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Millennium Management: 305,902 shares, reported value $29.7M at Jun 30, 2026 (−29.0% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
- Citadel Advisors: 272,262 shares, reported value $26.4M at Jun 30, 2026 (+174.6% in shares since the filing for Mar 31, 2026). Form 13F filed Sep 2, 2026.
- Bridgewater Associates: 223,860 shares, reported value $21.7M at Jun 30, 2026 (−9.1% in shares since the filing for Mar 31, 2026). Form 13F filed Aug 14, 2026.
From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.
Disclosures
- Editor holdings in ACGL
- The editor holds no position in Arch Capital Group (ACGL). As of Nov 11, 2026.
- Trading rule
- The editor does not buy or sell ACGL from 3 days before to 3 days after this page is published or substantively updated.
- Compensation
- Nobody paid for this page. No affiliate links on this page.
- Sources
- The company's SEC filings, linked next to each number or, for charts, in the source line under them.
- Last updated
- Nov 9, 2026
General education, the same for every reader. Not a recommendation to buy, sell or hold ACGL, and it doesn't consider your situation.
Compare with peers
| Company | Fiscal year | Revenue | Revenue growth | Net income |
|---|---|---|---|---|
| Arch Capital GroupACGL | FY2025 | $19.9B | +14.3% | $4.4B |
| ChubbCB | FY2025 | $59.4B | +6.5% | $10.3B |
| ProgressivePGR | FY2025 | $87.7B | +16.3% | $11.3B |
| TravelersTRV | FY2025 | $48.8B | +5.2% | $6.3B |
| AllstateALL | FY2025 | $67.7B | +5.6% | $10.3B |
Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.
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New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.