AMERICAN COASTAL INSURANCE Corp
For the period ended Dec 31, 2025. Filed Mar 9, 2026.
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FY2025 · Filed Mar 9, 2026
ACIC$10.26+2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income (Loss)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| REVENUE: | |||
| Gross premiums written | $612,522 | $647,805 | $635,709 |
| Change in gross unearned premiums | 35,738 | (9,197) | (31,026) |
| Gross premiums earned | 648,260 | 638,608 | 604,683 |
| Ceded premiums earned | (341,408) | (364,618) | (342,623) |
| Net premiums earned | 306,852 | 273,990 | 262,060 |
| Net investment income | 22,206 | 20,795 | 8,300 |
| Net realized investment gains (losses) | 1,382 | (124) | (6,789) |
| Net unrealized gains on equity securities | 4,999 | 1,996 | 814 |
| Other revenue | — | — | 15 |
| Total revenue | 335,439 | 296,657 | 264,400 |
| EXPENSES: | |||
| Losses and loss adjustment expenses | 46,040 | 69,319 | 46,678 |
| Policy acquisition costs | 97,844 | 70,990 | 75,436 |
| General and administrative expenses | 40,463 | 44,756 | 37,559 |
| Interest expense | 10,815 | 11,996 | 10,875 |
| Total expenses | 195,162 | 197,061 | 170,548 |
| Income before other income | 140,277 | 99,596 | 93,852 |
| Other income | 2,457 | 2,063 | 2,228 |
| Income before income taxes | 142,734 | 101,659 | 96,080 |
| Provision for income taxes | 35,939 | 25,340 | 10,876 |
| Income from continuing operations, net of tax | $106,795 | $76,319 | $85,204 |
| Income (loss) from discontinued operations, net of tax | 42 | (601) | 224,707 |
| Net income | $106,837 | $75,718 | $309,911 |
| OTHER COMPREHENSIVE INCOME: | |||
| Change in net unrealized gains on investments | 9,806 | 3,355 | 5,998 |
| Reclassification adjustment for net realized investment losses (gains) | (1,382) | 124 | 6,808 |
| Total comprehensive income | $115,261 | $79,197 | $322,717 |
| Weighted average shares outstanding | |||
| Basic | 48,476,824 | 47,831,412 | 43,596,432 |
| Diluted | 49,782,993 | 49,362,985 | 44,388,804 |
| Earnings available to ACIC common stockholders per share | |||
| Basic | |||
| Continuing operations | $2.20 | $1.60 | $1.96 |
| Discontinued operations | — | (0.01) | 5.15 |
| Total | $2.20 | $1.59 | $7.11 |
| Diluted | |||
| Continuing operations | $2.15 | $1.55 | $1.92 |
| Discontinued operations | — | (0.01) | 5.06 |
| Total | $2.15 | $1.54 | $6.98 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.