Burford Capital Limited — 3Q26 Earnings Summary

Burford Capital Limited reported total revenues of $135 million for the third quarter of 2026, a figure that would have exceeded $200 million absent a non-cash increase in market discount rates. The company achieved $100 million in de-leveraging and retired its nearest-term debt maturity, closing the quarter with over $500 million in cash on hand. Following the quarter's end, Burford received an additional $64 million from the resolution of a 2015 vintage matter, representing a 12x return on invested capital.