SPNT

MKT CAP:$3B

SiriusPoint Ltd.

Market Cap

$3B

Financial Services·Insurance - Reinsurance·🇧🇲 Bermuda·NYSE

Financials·Insurance·🇧🇲·NYSE

Stock Price

$23.76+$2.69 (+12.77%)

Apr 24, 2026

Company Details

SiriusPoint Ltd. provides multi-line insurance and reinsurance products and services worldwide. The company operates through two segments, Reinsurance, and Insurance & Services. The Reinsurance segment provides coverage to various product l...

CEO

Scott Egan

IPO Date

Aug 15, 2013

Website

www.siriuspt.com

Key Metrics TTM

Revenue

$3.1B

+23.2% YoY

Net Income

$381M

EPS (Diluted)

$3.09

Free Cash Flow

$293M

Revenue / Share

$25.32

Gross Margin

38.3%

Operating Margin

14.7%

Net Margin

12.3%

FCF Margin

9.5%

P/S

0.9x

P/E

7.3x

Earnings Reports

Q1 2026

May 4, 2026

PENDING

FY 2025

Feb 24, 2026

$3.2BEPS $3.65

Q4 2025

Feb 24, 2026

$974M+55.6%EPS $1.97

Q3 2025

Oct 30, 2025

$754MEPS $0.73

Q2 2025

Aug 4, 2025

$732M-1.1%EPS $0.50

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 19	$305M	$153M	$135M
Q2 19	$219M	$79M	$53M
Q3 19	$205M	$1M	-$15M
Q4 19	$250M	$31M	$29M
Q1 20	-$31M	-$168M	-$183M
Q2 20	$279M	$146M	$127M
Q3 20	$258M	$93M	$69M
Q4 20	$378M	$151M	$138M
Q1 22	$381M	-$68M	-$204M
Q2 23	$693M	$206M	$78M
Q1 24	$689M	$227M	$105M
Q2 24	$740M	$255M	$129M
Q4 24	$626M	$122M	-$13M
Q2 25	$732M	$218M	$75M
Q3 25	$754M	$241M	$111M
Q4 25	$974M	$602M	$280M

Valuation

Quarter	P/S	P/E
Q1 19	5.1x	—
Q2 19	4.7x	—
Q3 19	4.2x	—
Q4 19	2.8x	13.9x
Q1 20	4.3x	—
Q2 20	4.0x	—
Q3 20	3.7x	71.6x
Q4 20	3.1x	19.4x
Q1 22	2.1x	24.4x
Q2 23	1.6x	55.6x
Q1 24	1.3x	36.5x
Q2 24	1.1x	50.0x
Q4 24	1.0x	11.1x
Q2 25	1.0x	10.9x
Q3 25	1.0x	11.1x
Q4 25	0.9x	7.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 19	$23M	$23M
Q2 19	$75M	$75M
Q3 19	-$1M	-$1M
Q4 19	$44M	$44M
Q1 20	-$3M	-$3M
Q2 20	$34M	$34M
Q3 20	$15M	$15M
Q4 20	$28M	$28M
Q1 22	$100.0K	$100.0K
Q2 23	$108M	$108M
Q1 24	$59M	$59M
Q2 24	-$152M	-$152M
Q4 24	$108M	$108M
Q2 25	$58M	$58M
Q3 25	$155M	$155M
Q4 25	-$28M	-$28M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 19	+128.5%	+7.1%
Q2 19	+20.6%	+5.4%
Q3 19	+62.2%	+57.6%
Q4 19	+489.9%	-8.9%
Q1 20	-110.0%	-10.6%
Q2 20	+27.4%	-8.7%
Q3 20	+25.7%	-14.5%
Q4 20	+51.6%	+8.7%
Q1 22	+1348.5%	+282.7%
Q2 23	+148.7%	+306.4%
Q1 24	+167.2%	+209.8%
Q2 24	+95.4%	+154.5%
Q4 24	+64.3%	+9.2%
Q2 25	+5.5%	+6.6%
Q3 25	+9.4%	+10.1%
Q4 25	+31.6%	+13.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 19	$1M	0.5%
Q2 19	$4M	1.8%
Q3 19	$894.0K	0.4%
Q4 19	$755.0K	0.3%
Q1 20	$2M	—
Q2 20	$2M	0.6%
Q3 20	$2M	0.6%
Q4 20	$2M	0.5%
Q1 22	$11M	2.9%
Q2 23	$0	0.0%
Q1 24	$4M	0.6%
Q2 24	$0	0.0%
Q4 24	$5M	0.8%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$28M	2.9%

OpEx Breakdown

Quarter	G&A
Q1 19	$12M
Q2 19	$20M
Q3 19	$9M
Q4 19	$13M
Q1 20	$10M
Q2 20	$13M
Q3 20	$21M
Q4 20	$17M
Q1 24	$56M
Q4 24	$58M
Q2 25	$71M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$826M	$989M	$1.8B
Q2 22	$747M	$2.1B	$2.8B
Q3 22	$647M	$3.3B	$4.0B
Q4 22	$705M	$3.6B	$4.3B
Q1 23	$764M	$4.2B	$4.9B
Q2 23	$676M	$4.7B	$5.4B
Q3 23	$704M	$5.0B	$5.7B
Q4 23	$969M	$2.7B	$3.7B
Q1 24	$868M	$3.0B	$3.9B
Q2 24	$598M	$2.9B	$3.5B
Q3 24	$641M	$2.8B	$3.4B
Q4 24	$682M	$3.1B	$3.8B
Q1 25	$740M	$2.9B	$3.7B
Q2 25	$732M	$2.9B	$3.6B
Q3 25	$718M	$2.8B	$3.5B
Q4 25	$902M	$2.6B	$3.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 19	93M	+0.7%	-8.5%
Q2 19	93M	+0.2%	-9.0%
Q3 19	92M	-1.0%	-3.9%
Q4 19	93M	+0.9%	+0.8%
Q1 20	92M	-0.5%	-0.4%
Q2 20	93M	+0.6%	-0.1%
Q3 20	93M	+0.2%	+1.2%
Q4 20	93M	+0.2%	+0.5%
Q1 22	160M	+71.6%	+73.4%
Q2 23	167M	+4.3%	+79.8%
Q1 24	174M	+4.6%	+87.6%
Q2 24	179M	+2.5%	+91.8%
Q4 24	161M	-9.7%	+0.9%
Q2 25	161M	0.0%	-3.2%
Q3 25	119M	-26.4%	-31.9%
Q4 25	122M	+2.5%	-31.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 19	$10M	31
Q2 19	$7M	31
Q3 19	$7M	31
Q4 19	$7M	35
Q1 20	-$871.4K	35
Q2 20	$8M	35
Q3 20	$7M	35
Q4 20	$9M	43
Q1 22	$369.0K	1K
Q2 23	$671.9K	1K
Q1 24	$648.1K	1K
Q2 24	$695.9K	1K
Q4 24	$583.7K	1K
Q2 25	$682.4K	1K
Q3 25	$702.9K	1K
Q4 25	$886.0K	1K

Revenue / Employee