Heritage Q2 net income rises 28.5% to $61.7 million, EPS $2.05 per diluted share
Heritage Insurance Holdings reported second-quarter 2026 net income of $61.7 million, up 28.5% from $48.0 million a year earlier, and diluted EPS of $2.05 versus $1.55. Total revenue rose 3.0% to $214.2 million, while gross premiums written fell 5.5%, and the net combined ratio improved to 64.9% from 72.9%. Results were helped by lower losses and favorable prior-year loss development, and the company repurchased $24.6 million of stock in 2026 year to date.
Key points
- Q2 2026 net income of $61.7 million, up 28.5%; diluted EPS of $2.05 versus $1.55 in Q2 2025
- Total revenue up 3.0% to $214.2 million; gross premiums written down 5.5% to $388.4 million
- Net combined ratio improved 8.0 points to 64.9%; net favorable prior-year loss development of $23.4 million
- Board suspended the quarterly dividend; new $50.0 million share repurchase program authorized May 7, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.