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KINGSWAY FINANCIAL SERVICES INC

KINGSWAY FINANCIAL SERVICES INCKFSEarnings & Financial Report

NYSE
NextMar 17, 2026

KFS Q3 2025 Key Financial Metrics

Revenue

$37.2M

Gross Profit

N/A

Operating Profit

$-865.0K

Net Profit

$-2.4M

Gross Margin

N/A

Operating Margin

-2.3%

Net Margin

-6.5%

YoY Growth

37.0%

EPS

$-0.10

Financial Flow

KINGSWAY FINANCIAL SERVICES INC Q3 2025 Financial Summary

KINGSWAY FINANCIAL SERVICES INC reported revenue of $37.2M for Q3 2025, with a net profit of $-2.4M (-6.5% margin). Cost of goods sold was N/A, operating expenses totaled N/A.

Key Financial Metrics

Total Revenue$37.2M
Net Profit$-2.4M
Gross MarginN/A
Operating Margin-2.3%
Report PeriodQ3 2025

KINGSWAY FINANCIAL SERVICES INC Annual Revenue by Year

KINGSWAY FINANCIAL SERVICES INC annual revenue history includes year-by-year totals (for example, 2024 revenue was $109.4M).

YearAnnual Revenue
2024$109.4M
2023$103.2M
2022$93.3M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$25.9M$26.2M$26.4M$27.1M$29.6M$28.3M$30.9M$37.2M
YoY Growth4.1%-0.9%1.0%9.5%14.6%8.4%16.9%37.0%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$197.7M$198.0M$192.3M$191.1M$186.6M$192.1M$207.7M$235.1M
Liabilities$173.1M$177.3M$175.1M$171.4M$168.3M$170.7M$172.1M$199.3M
Equity$27.7M$23.6M$20.7M$9.9M$8.4M$5.5M$17.4M$16.6M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-17.1M$249000$557000$368000$-107000$-1.8M$337000$1.5M