W.R. Berkley financials
$68.22+0.83%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.72B | $3.69B | $3.72B | $3.77B | $3.67B | $3.55B | $3.67B | $3.40B | $3.31B | $3.26B | $3.22B | $3.03B |
| Gross profit | $1.76B | $1.75B | $1.77B | $1.80B | $1.72B | $1.65B | $1.81B | $1.57B | $1.53B | $1.59B | $1.59B | $1.39B |
| Gross margin | 47.2% | 47.5% | 47.7% | 47.8% | 46.7% | 46.4% | 49.3% | 46.3% | 46.3% | 48.9% | 49.5% | 46.0% |
| Operating income | $606.9M | $647.8M | $603.6M | $679.9M | $553.6M | $570.3M | $760.1M | $506.2M | $487.7M | $605.8M | $533.1M | $451.8M |
| Net income | $452.3M | $515.2M | $449.5M | $511.0M | $401.3M | $417.6M | $576.1M | $365.6M | $371.9M | $442.5M | $397.3M | $333.6M |
| Net margin | 12.2% | 14.0% | 12.1% | 13.6% | 10.9% | 11.8% | 15.7% | 10.8% | 11.2% | 13.6% | 12.3% | 11.0% |
| Diluted EPS | $1.15 | $1.31 | $1.13 | $1.28 | $1.00 | $1.04 | $1.43 | $0.91 | $0.92 | $1.09 | $0.73 | $0.82 |
| EBITDA | $584.8M | $632.3M | $588.3M | $670.8M | $539.7M | $560.5M | $746.4M | $494.2M | $423.4M | $525.0M | $533.1M | $448.2M |
| Operating cash flow | $800.0M | $667.9M | $995.1M | $1.14B | $703.8M | $743.8M | $810.0M | $1.24B | $881.3M | $746.2M | $698.1M | $1.08B |
| Free cash flow | $739.7M | $630.4M | $905.8M | $1.13B | $702.6M | $729.0M | $796.3M | $1.21B | $843.3M | $661.2M | $695.9M | $1.05B |
| Diluted shares | 391.8M | 394.8M | 399.0M | 400.2M | 400.4M | 399.8M | 401.6M | 401.8M | 403.7M | 405.8M | 545.7M | 407.2M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $2.61B | $2.28B | $2.54B | $2.40B | $1.98B | $1.72B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $2.84B | $2.84B | $2.84B | $3.55B | $3.35B | $3.26B |
| Total assets | $45.68B | $44.32B | $43.93B | $43.72B | $42.66B | $41.35B |
| Total liabilities | $35.83B | $34.56B | $34.21B | $33.91B | $33.35B | $32.42B |
| Shareholders' equity | $9.84B | $9.75B | $9.71B | $9.81B | $9.30B | $8.93B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology