MCY · XBRL financial data

Mercury General financial statements, every quarter

The same tables from 12 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

Fiscal quarters (MCY's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue	1,375*	1,274	1,305	1,530	1,366*	1,394	1,478	1,585	1,536*	1,540	1,682	1,381
Cost of goods and services sold	3*	3	3	3	4*	4	4	4	4*	4	4	4
Interest expense	8*	8	—	—	—	—	—	—	—	—	—	—
Income tax expense (benefit)	47*	16	13	56	22*	(34)	40	70	46*	45	64	(9)
Net income (loss)	191*	73	63	231	101*	(108)	166	280	203*	190	264	(14)
Earnings per share, basic USD per share	3.46*	1.33	1.13	4.17	1.83*	(1.96)	3.01	5.06	3.66*	3.44	4.76	(0.25)
Earnings per share, diluted USD per share	3.46*	1.33	1.13	4.17	1.82*	(1.96)	3.01	5.06	3.66*	3.44	4.76	(0.25)
Weighted average shares, basic millions of shares	55*	55	55	55	55*	55	55	55	55*	55	55	55
Weighted average shares, diluted millions of shares	55*	55	55	55	55*	55	55	55	55*	55	55	55

Fiscal quarters (MCY's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	551	530	609	616	720	1,285	1,122	1,253	1,316	1,351	1,701	1,305
Property and equipment, net	151	152	134	136	138	142	146	147	147	151	151	149
Right-of-use asset	14	14	14	14	13	18	16	13	12	12	19	18
Goodwill	43	43	43	43	43	43	43	43	43	43	43	43
Total assets	7,103	7,396	7,727	8,153	8,311	9,028	9,083	9,373	9,561	9,873	10,542	10,349
Total liabilities	5,555	5,792	6,078	6,291	6,364	7,207	7,114	7,140	7,143	7,283	7,706	7,544
Retained earnings	1,449	1,505	1,550	1,763	1,847	1,721	1,870	2,133	2,318	2,490	2,736	2,705
Total liabilities and equity	7,103	7,396	7,727	8,153	8,311	9,028	9,083	9,373	9,561	9,873	10,542	10,349
Common shares outstanding (cover page) millions of shares	55	55	55	55	55	55	55	55	55	55	55	55

Fiscal quarters (MCY's year ends in late December)

In millions of dollars	Q4 FY23Dec 31, 2023	Q1 FY24Mar 31, 2024	Q2 FY24Jun 30, 2024	Q3 FY24Sep 30, 2024	Q4 FY24Dec 31, 2024	Q1 FY25Mar 31, 2025	Q2 FY25Jun 30, 2025	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	191*	73	63	231	101*	(108)	166	280	203*	190	264	(14)
Net cash from operating activities	225*	193	278*	318*	248*	(69)	372*	496*	288*	326	218*	387*
Purchases of property and equipment	—	—	—	—	—	—	—	17*	—	—	—	15*
Net cash from investing activities	(111)*	(195)	(181)*	(294)*	(127)*	652	(516)*	(349)*	(207)*	(272)	(219)*	(390)*
Dividends paid	year only	—	—	—	year only	—	—	—	year only	—	—	—
Net cash from financing activities	(18)*	(19)	(18)*	(18)*	(17)*	(18)	(18)*	(18)*	(18)*	(18)	351*	(393)*

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
Mercury General	1,305	1,381	387*	55.4M	—	Q3 FY26 10-QSep 30, 2026
Horace Mann Educators	46	444	224*	40.5M	—	Q2 FY26 10-QJun 30, 2026
HCI Group	872	247	125*	12.4M	—	Q2 FY26 10-QJun 30, 2026
Root	510	389	58*	not reported	—	Q2 FY26 10-QJun 30, 2026
Slide Insurance Holdings	701	361	(43)*	117.2M	—	Q3 FY26 10-QSep 30, 2026
SiriusPoint	615	744	(5.2)*	116.2M	118.2 quarters	Q2 FY26 10-QJun 30, 2026
Skyward Specialty Insurance Group	219	490	68*	44.4M	—	Q2 FY26 10-QJun 30, 2026
Proassurance	14	263	(21)	51.6M	0.7 quarters	Q1 FY26 10-QMar 31, 2026
Safety Insurance Group	68	326	38*	14.7M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.