Earnings Releases·Nov 4, 2026, 4:23 PM ET

HCI Group — Third Quarter 2026 Earnings Summary

**Financial Performance:** Pre-tax income rose to $116 million in Q3 2026 from $91 million in Q3 2025, while diluted EPS increased to $6.45 from $4.90; gross premiums earned grew 5% to $316 million, and the gross loss ratio improved to 20.7% from 22.0%.
**Year-to-Date Results:** For the nine months ended September 30, 2026, pre-tax income reached $343 million versus $285 million in the prior year, with diluted EPS at $17.48 compared to $15.47.
**Balance Sheet Strength:** Total investments increased to $1.42 billion as of September 30, 2026, from $790 million at year-end 2025, while book value per share rose to $90.15 from $63.41 in Q3 2025.
**Capital Return:** The company completed its $80 million share repurchase program in July 2026 and repurchased an additional $6 million of shares during Q3 2026; dividends remained steady at $0.40 per share.
**Segment Growth:** Total gross written premiums increased to $353.1 million in Q3 2026 from $315.2 million in Q3 2025, driven by significant growth in Condo Owners Reciprocal Exchange and Tailrow Reciprocal Exchange.