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Mount Logan Capital Inc.

For the period ended Mar 31, 2026. Filed May 14, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 14, 2026

MLCI$3.47-2.0%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2026

OR

oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from ___________ to ___________

Commission file number 001-42813

(Exact name of registrant as specified in its charter)

Delaware33-2698952
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
650 Madison Ave, 3rd FloorNew York, New York10022
(Address of Principal Executive Offices)(Zip Code)

(212)891-2880

Registrant’s telephone number, including area code

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, $0.001 par valueMLCIThe Nasdaq Stock Market LLC
8.00% Senior Notes Due 2031MLCILThe Nasdaq Stock Market LLC

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☒
Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

As of May 14, 2026, the registrant had 11,188,768 shares of Common Stock outstanding.

Table of Contents

Cautionary Note Regarding Forward-Looking Statements4
Part I - Financial Information6
Item 1. Financial Statements6
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (UNAUDITED)7
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)8
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (UNAUDITED)9
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)10
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)11
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)13
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations64
Item 3. Quantitative and Qualitative Disclosures about Market Risk95
Item 4. Controls and Procedures95
PART II - Other Information96
Item 1. Legal Proceedings96
Item 1A. Risk Factors97
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds97
Item 3. Defaults Upon Senior Securities97
Item 4. Mine Safety Disclosures97
Item 5. Other Information97
Item 6. Exhibits98
SIGNATURES99
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.