Hartford Insurance Group (HIG) Q1 FY2026 earnings: revenue $7.2 billion, up 6.1% on the year

Hartford Insurance Group, Inc. (HIG) reported revenue of $7.2 billion for Q1 FY2026, the quarter ended 31 March 2026, up 6.1% on the same quarter a year earlier. Net income was $856 million, up 35.9% on the year, and diluted earnings per share $3.04. The figures are the company's own, from the 10-Q it filed with the SEC on 23 April 2026.

Revenue

$7.2 billion

+6.1% on the year · -1.5% on the quarter

Q2 FY2024Q1 FY2026

Operating margin

14.6%

11.5% a year earlier

Q2 FY2024Q1 FY2026

Net income

$856 million

+35.9% on the year · -24.3% on the quarter

Q2 FY2024Q1 FY2026

Diluted EPS

$3.04

+41.4% on the year · -23.6% on the quarter

Q2 FY2024Q1 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Net income rose 36 percent: Net income available to common stockholders was $851 million, or $3.04 per diluted share, against $625 million, or $2.15 per diluted share, in the first quarter of 2025.
Core earnings rose 36 percent: Core earnings were $866 million, or $3.09 per diluted share, compared with $639 million, or $2.20 per diluted share, in the first quarter of 2025.
Business Insurance core earnings rose 17 percent: Business Insurance net income was $536 million, up 12 percent, and core earnings were $551 million.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Revenue	7,226	7,339	6,810	-1.5%	+6.1%
Selling, general and administrative	1,447	1,481	1,352	-2.3%	+7.0%
Operating income	1,057	1,413	783	-25.2%	+35.0%
Operating margin	14.6%	19.3%	11.5%
Interest expense	50.0	49.0	50.0	+2.0%	0.0%
Pre-tax income	1,057	1,413	783	-25.2%	+35.0%
Income tax	201	282	153	-28.7%	+31.4%
Effective tax rate	19.0%	20.0%	19.5%
Net income	856	1,131	630	-24.3%	+35.9%
Net margin	11.8%	15.4%	9.3%
Diluted EPS	$3.04	$3.98	$2.15	-23.6%	+41.4%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Operating cash flow	1,045	1,808	985	-42.2%	+6.1%
Capital expenditure	31.0	46.0	38.0	-32.6%	-18.4%
Free cash flow	1,014	1,762	947	-42.5%	+7.1%
Free cash flow margin	14.0%	24.0%	13.9%
Cash from investing	-332	-1,299	-401
Cash from financing	-663	-540	-608
Depreciation and amortisation	108	135	92.0	-20.0%	+17.4%
Buybacks	450	400	400	+12.5%	+12.5%
Dividends paid	167	146	150	+14.4%	+11.3%
Dividend per share	$0.60	n/a	$0.52		+15.4%
Diluted shares, weighted	280m	283m	291m	-1.0%	-3.7%
Shares outstanding at period end	274m	276m	284m	-0.6%	-3.5%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q1 FY2026	Q4 FY2025	Q1 FY2025	On the quarter	On the year
Shareholders' equity	18,889	18,979	16,844	-0.5%	+12.1%
Debt	4,372	4,371	4,368	+0.0%	+0.1%
Other liabilities	63,061	62,647	61,095	+0.7%	+3.2%
Total liabilities and equity	86,322	85,997	82,307	+0.4%	+4.9%
Fixed assets	923	931	909	-0.9%	+1.5%
Goodwill	1,911	1,911	1,911	0.0%	0.0%
Intangible assets	n/a	566	n/a
Securities held for sale or to maturity	45,632	46,041	44,204	-0.9%	+3.2%
Cash and equivalents	220	177	216	+24.3%	+1.9%
Other assets	37,636	36,371	35,067	+3.5%	+7.3%
Total assets	86,322	85,997	82,307	+0.4%	+4.9%

Questions

What was Hartford Insurance Group's revenue in Q1 FY2026?

Hartford Insurance Group (HIG) reported revenue of $7.2 billion for Q1 FY2026, the quarter ended 31 March 2026, up 6.1% on the same quarter a year earlier.

How much did Hartford Insurance Group earn in Q1 FY2026?

Net income for Q1 FY2026 was $856 million, up 35.9% on the year, and diluted earnings per share $3.04.

When did Hartford Insurance Group report Q1 FY2026 results?

Hartford Insurance Group filed its 10-Q for the quarter ended 31 March 2026 with the SEC on 23 April 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 †	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025 †	Q3 FY2025 †	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	5,816	5,393	5,373	5,580	6,016	5,910	6,049	6,168	6,400	6,419	6,486	6,751	6,879	6,810	6,716	6,946	7,339	7,226	7,263	7,220
SG&A	1,233	1,210	1,225	1,206	1,198	1,216	1,225	1,226	1,214	1,283	1,285	1,323	1,367	1,352	1,337	1,414	1,481	1,447	1,215	1,177
Operating income	900	543	552	431	735	653	672	813	950	911	912	952	1,074	783	1,174	1,243	1,413	1,057	1,231	1,583
Operating margin	15%	10%	10%	8%	12%	11%	11%	13%	15%	14%	14%	14%	16%	11%	17%	18%	19%	15%	17%	22%
Interest expense	62.0	62.0	51.0	50.0	50.0	50.0	50.0	50.0	49.0	50.0	50.0	49.0	50.0	50.0	50.0	50.0	49.0	50.0	50.0	50.0
Pre-tax income	900	541	554	432	735	653	672	813	950	911	912	952	1,074	783	1,246	1,318	1,413	1,057	1,231	1,583
Tax rate	19%	18%	20%	21%	19%	18%	19%	20%	19%	17%	19%	19%	21%	20%	20%	18%	20%	19%	20%	20%
Net income	729	443	444	340	592	535	547	651	771	753	738	767	853	630	995	1,080	1,131	856	1,298	1,323
Net margin	13%	8%	8%	6%	10%	9%	9%	11%	12%	12%	11%	11%	12%	9%	15%	16%	15%	12%	18%	18%
Diluted EPS	$2.10	$1.30	$1.32	$1.02	$1.82	$1.66	$1.73	$2.09	$2.51	$2.47	$2.44	$2.56	$2.88	$2.15	$3.44	$3.77	$3.98	$3.04	$4.68	$4.82
Operating cash flow	1,204	429	974	1,521	1,084	871	-49.0	1,771	1,627	1,097	1,260	1,678	1,874	985	1,291	1,838	1,808	1,045	1,189	2,951
Capital expenditure	41.0	31.0	46.0	45.0	53.0	49.0	50.0	52.0	64.0	50.0	61.0	60.0	n/a	38.0	40.0	45.0	46.0	31.0	n/a	n/a
Free cash flow	1,163	398	928	1,476	1,031	822	-99.0	1,719	1,563	1,047	1,199	1,618	n/a	947	1,251	1,793	1,762	1,014	n/a	n/a
Buybacks	500	400	450	350	350	350	350	350	350	350	350	400	414	400	415	400	400	450	466	475
Dividends paid	120	130	127	126	123	134	134	131	129	141	140	138	137	150	149	147	146	167	165	164
Shares outstanding	332m	329m	323m	318m	297m	310m	306m	301m	297m	296m	293m	290m	285m	284m	281m	279m	276m	274m	271m	267m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 31 March 2026, filed 23 April 2026: the filing.