Kingsway Q2 revenue rises 27.6% to $39.4 million; net income $0.2 million
Kingsway reported second quarter 2026 revenue of $39.4 million, up 27.6% from $30.9 million a year earlier, and net income of $0.2 million, compared with a net loss of $3.2 million in the prior-year quarter. The result includes a $1.3 million gain on the sale of Trinity Warranty Solutions, and adjusted EBITDA rose to $5.2 million from $1.7 million. The company reaffirmed its 2026 targets of three to five acquisitions and double-digit organic growth for both KSX and Extended Warranty.
Key points
- Consolidated revenue of $39.4 million, up 27.6%; KSX revenue up 68.3% to $22.3 million
- Net income of $0.2 million, including a $1.3 million gain on the Trinity disposal, versus a $3.2 million net loss a year earlier
- Consolidated adjusted EBITDA of $5.2 million versus $1.7 million; total net debt of $59.9 million at June 30, 2026
- Reaffirmed 2026 targets of three to five acquisitions and double-digit organic growth; no change to guidance was announced
The filing
Written by AI on Nov 9, 2026, 8:28 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 06, 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.