Octave Specialty Group Reports First Quarter 2026 Results
Octave Specialty Group reported Q1 2026 revenue of $104.2 million, up 66% year-over-year, driven by a 92% jump in Insurance Distribution revenue and 42% organic growth. Adjusted EBITDA to shareholders swung from a loss of $1.3 million in the prior year to $20.1 million this quarter, while adjusted net income reached $16.6 million compared to a prior-year loss.
Key figures
- Revenue
- 104170000
- Revenue Yoy
- 66%
- Organic growth
- 42%
- Adjusted ebitda
- 20069000
- Adjusted net income
- 16615000
- Adjusted ebitda margin
- 19.3%
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