Accelerant Q4 Premiums Up 24% and Launches $200M Buyback, New CFO Named
Accelerant’s Q4 2025 Exchange Written Premium rose 24% year-over-year to $1.09 billion, driving a 52% jump in Adjusted EBITDA to $70.5 million and lifting margins to 28%. The company authorized a $200 million share repurchase plan and announced CFO Jay Green stepping down, to be replaced by Linda Huber.
1. Q4 2025 Financial Highlights
Exchange Written Premium increased 24% year-over-year to $1.09 billion in Q4 2025, with total revenues at $248.4 million compared to $190.7 million a year earlier. Adjusted EBITDA rose 52% to $70.5 million, boosting the margin to 28% and supported by 126% net revenue retention.
2. 2026 Outlook and Growth Drivers
Management forecasts Exchange Written Premium growth exceeding 20% in 2026, driven by expanding third-party insurer participation, which accounted for 40% of Q4 exchange premium. The company expects continued fee-based segment EBITDA growth as it scales capital-efficient operations.
3. Corporate Actions: Buyback and CFO Transition
A $200 million share repurchase program was authorized through December 2028 to enhance shareholder value. CFO Jay Green will resign on March 31, 2026, and finance veteran Linda Huber will assume the role, bringing extensive public company experience to the leadership team.