Erie IndemnityERIEEarnings & Financial Report
Erie Insurance Group, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents. As of 2021, Erie Insurance Group is ranked 347th on the 2021 Fortune 500 list of largest American corporations, based on total revenue for the 2020 fiscal year.
ERIE Q1 FY2026 Key Financial Metrics
Revenue
$1.0B
Gross Profit
N/A
Operating Profit
$166.8M
Net Profit
$150.5M
Gross Margin
N/A
Operating Margin
16.5%
Net Margin
14.9%
YoY Growth
2.3%
Erie Indemnity Q1 FY2026 Financial Summary
Erie Indemnity reported revenue of $1.0B (up 2.3% YoY) for Q1 FY2026, with a net profit of $150.5M (14.9% margin).
Key Financial Metrics
| Total Revenue | $1.0B |
|---|---|
| Net Profit | $150.5M |
| Gross Margin | N/A |
| Operating Margin | 16.5% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
Erie Indemnity Q1 FY2026 revenue of $1.0B breaks down across 4 segments, led by Management fee revenue - policy issuance and renewal services at $786.4M (77.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Management fee revenue - policy issuance and renewal services | $786.4M | 77.7% |
| Administrative services reimbursement revenue | $200.1M | 19.8% |
| Management fee revenue - administrative services | $19.5M | 1.9% |
| Service agreement revenue | $5.9M | 0.6% |
Erie Indemnity Annual Revenue by Year
Erie Indemnity annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.1B).
Erie Indemnity Quarterly Revenue & Net Profit History
Erie Indemnity results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.0B | +2.3% | $150.5M | 14.9% |
| Q4 FY2025 | $951.0M | +2.9% | $63.4M | 6.7% |
| Q3 FY2025 | $1.1B | +6.7% | $182.9M | 17.1% |
| Q2 FY2025 | $1.1B | +7.0% | $174.7M | 16.5% |
| Q1 FY2025 | $989.4M | +12.3% | $138.4M | 14.0% |
| Q4 FY2024 | $924.1M | +13.0% | $152.0M | 16.5% |
| Q3 FY2024 | $999.9M | +16.4% | $159.8M | 16.0% |
| Q2 FY2024 | $990.4M | +17.9% | $163.9M | 16.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $990.4M | $999.9M | $924.1M | $989.4M | $1.06B | $1.07B | $951.0M | $1.01B |
| YoY Growth | 17.9% | 16.4% | 13.0% | 12.3% | 7.0% | 6.7% | 2.9% | 2.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.69B | $2.86B | $2.89B | $2.97B | $3.13B | $3.32B | $3.36B | $3.38B |
| Liabilities | $863.1M | $916.2M | $901.4M | $900.9M | $943.7M | $1.02B | $1.07B | $1.02B |
| Equity | $1.83B | $1.95B | $1.99B | $2.07B | $2.18B | $2.31B | $2.28B | $2.35B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $131.4M | $199.2M | $193.5M | $118.1M | $177.6M | $219.4M | $171.6M |