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Erie Indemnity reported Q2 FY2026 revenue of $1.1 billion, up 2.80% from a year earlier, and the company’s revenue as the consensus counts it was $1.1 billion, 0.12% above the consensus estimate of $1.1 billion. The company reported adjusted EPS, as the consensus counts it, of $3.45, which was 2.99% above the consensus estimate of $3.35; diluted EPS was $3.45, up 3.29% from $3.34 a year earlier. The filing said operating income increased year over year as policy-issuance and renewal management-fee revenue rose 4.7% to $862.9 million, supported by 3.3% growth in the Exchange’s direct and affiliated assumed premiums written to $3.5 billion. The filing said commercial-lines premiums written increased 8.3% to $1.0 billion and personal-lines premiums written increased 1.2% to $2.5 billion. Erie Indemnity reported gross margin and operating margin of 18.7%, each down −0.1 percentage points from a year earlier, while free cash flow was $173.4 million, up 10.2%.
| Q2 FY2026 | Q2 FY2025 | Change | |
|---|---|---|---|
| Revenue | $1.1 billion | $1.1 billion | 2.80% |
| Diluted EPS | $3.45 | $3.34 | 3.29% |
| Gross margin | 18.7% | 18.8% | −0.1 percentage points |
| Operating margin | 18.7% | 18.8% | −0.1 percentage points |
| Free cash flow | $173.4 million | $157.3 million | 10.2% |
| Against the consensus | Reported | Consensus | Result |
|---|---|---|---|
| Adjusted EPS | $3.45 | $3.35 | Beat by 2.99% |
| Revenue | $1.1 billion | $1.1 billion | In line |
Adjusted EPS is the figure the consensus estimates, not the GAAP EPS above.
What management said on the call
No earnings-call commentary was available for Erie Indemnity’s latest quarter.
Guidance
No management guidance was available for Erie Indemnity’s latest quarter, so the company did not provide an updated outlook or identify changes from previous guidance.