JRVR · XBRL financial data
James River Group Holdings financial statements, every fiscal year
The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (JRVR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue | 669 | 773 | 814 | 812 | 708 | 688 |
| Total operating expenses | 657 | — | — | — | — | — |
| Interest expense | 10 | 9 | 18 | 25 | 25 | 24 |
| Income tax expense (benefit) | 7 | (23) | 18 | 26 | (8) | 1 |
| Net income (loss) | 5 | (173) | 31 | (108) | (81) | 47 |
| Earnings per share, basic USD per share | 0.16 | (4.94) | 0.59 | (3.14) | (3.06) | 0.86 |
| Earnings per share, diluted USD per share | 0.16 | (4.94) | 0.59 | (3.13) | (3.06) | 0.79 |
| Weighted average shares, basic millions of shares | 31 | 35 | 37 | 38 | 39 | 46 |
| Weighted average shares, diluted millions of shares | 31 | 35 | 38 | 38 | 39 | 60 |
Balance sheet
CSVFiscal years (JRVR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 162 | 190 | 173 | 274 | 362 | 261 |
| Property and equipment, net | 1 | 1 | 1 | 17 | 20 | 22 |
| Right-of-use asset | 14 | 12 | 8 | 8 | 5 | 7 |
| Goodwill | 182 | 182 | 182 | 182 | 182 | 182 |
| Total assets | 5,063 | 4,949 | 5,137 | 5,317 | 5,007 | 4,860 |
| Total liabilities | 4,267 | 4,223 | 4,438 | 4,638 | 4,413 | 4,189 |
| Retained earnings (accumulated deficit) | 49 | (167) | (152) | (278) | (402) | (365) |
| Total stockholders' equity | 796 | 725 | 554 | 535 | 461 | 538 |
| Total liabilities and equity | 5,063 | 4,949 | 5,137 | 5,317 | 5,007 | 4,860 |
| Common shares outstanding (cover page) millions of shares | 31 | 37 | 38 | 38 | 46 | 46 |
Cash flows
CSVFiscal years (JRVR's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 5 | (173) | 31 | (108) | (81) | 47 |
| Stock-based compensation | 8 | 7 | 8 | 9 | 7 | 5 |
| Depreciation and amortization | 5 | 5 | 1 | — | — | — |
| Net cash from operating activities | (274) | (914) | 223 | 88 | (247) | (19) |
| Purchases of property and equipment | 1 | 6 | 8 | 6 | 5 | 5 |
| Net cash from investing activities | (176) | 36 | (328) | 17 | 307 | (116) |
| Proceeds from issuing common stock | 0 | 192 | 0 | 0 | 13 | 0 |
| Share repurchases | 4 | 3 | 1 | — | — | — |
| Dividends paid | 37 | 43 | 8 | 8 | 6 | 2 |
| Net cash from financing activities | 66 | 148 | 90 | (21) | (29) | 13 |
| Net change in cash | (384) | (730) | (16) | 84 | 31 | (122) |
Compare with peers
SIC 6331 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6331 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| James River Group Holdings | 196 | 161 | (5.1)* | 46.2M | 58.3 quarters | 10-QJun 30, 2026 |
| Global Indemnity Group | 98 | 116 | (16)* | not reported | 6.2 quarters | 10-QJun 30, 2026 |
| KINGSWAY | 7.4 | 39 | 1.2* | 28.9M | — | 10-QJun 30, 2026 |
| Kingstone Companies | 17 | 66 | 29* | 14.5M | — | 10-QJun 30, 2026 |
| Ategrity Specialty Insurance Co Holdings | 33 | 148 | 39* | 47.9M | — | 10-QJun 30, 2026 |
| American Coastal Insurance | 219 | 83 | 58* | 47.3M | — | 10-QJun 30, 2026 |
| Maiden Holdings | 29 | 14 | (21) | 99.7M | 1.4 quarters | 10-QMar 31, 2025 |
| American Integrity Insurance Group | 288 | 115 | 123* | 19.6M | — | 10-QJun 30, 2026 |
| Donegal Group | 24 | 241 | 5.9* | not reported | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.