Fidelis Insurance Q4 Sales Fall 10.8% to $600.9M with $1.09 EPS
Fidelis Insurance’s Q4 CY2025 revenue declined 10.8% year-on-year to $600.9 million, missing estimates, while net premiums earned fell 12.9% to $552.9 million. The specialty insurer delivered a non-GAAP EPS of $1.09 (1.3% above consensus) and an 80.6% combined ratio, outperforming the 84.5% forecast.
1. Q4 CY2025 Financial Results
Fidelis Insurance reported Q4 CY2025 revenue of $600.9 million versus analyst estimates of $706.8 million, representing a 10.8% year-on-year decline. Net premiums earned totaled $552.9 million, missing the $621.3 million forecast and marking a 12.9% drop from the prior year.
2. Profitability Metrics
The company posted a non-GAAP earnings per share of $1.09, beating the $1.08 consensus by 1.3%. Its combined ratio improved to 80.6%, outperforming the 84.5% estimate by 390 basis points and highlighting underwriting discipline.
3. Balance Sheet Highlights
Book value per share rose to $24.61, slightly above the $24.51 estimate and up 12.3% year-on-year. Fidelis’s market capitalization stood at $2.07 billion at quarter end, reflecting investor valuation of its specialty insurance platform.