KINGSWAY FINANCIAL SERVICES INCKFSEarnings & Financial Report
Kingsway Financial Services Inc. is a specialty financial holding firm that primarily offers property and casualty insurance products, including personal auto, commercial liability and property coverage. It operates mainly across North American markets, catering to individual consumers, small business owners and niche commercial client segments.
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
KINGSWAY FINANCIAL SERVICES INC Q3 FY2025 Financial Summary
KINGSWAY FINANCIAL SERVICES INC reported revenue of $37.2M (up 37.0% YoY) for Q3 FY2025, with a net profit of $-2.4M (down 4.3% YoY) (-6.5% margin).
Key Financial Metrics
| Total Revenue | $37.2M |
|---|---|
| Net Profit | $-2.4M |
| Gross Margin | N/A |
| Operating Margin | -2.3% |
| Report Period | Q3 FY2025 |
KINGSWAY FINANCIAL SERVICES INC Annual Revenue by Year
KINGSWAY FINANCIAL SERVICES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $135.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $135.0M |
| 2024 | $109.4M |
| 2023 | $103.2M |
| 2022 | $93.3M |
KINGSWAY FINANCIAL SERVICES INC Quarterly Revenue & Net Profit History
KINGSWAY FINANCIAL SERVICES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $38.6M | +30.1% | $-1.6M | -4.1% |
| Q3 FY2025 | $37.2M | +37.0% | $-2.4M | -6.5% |
| Q2 FY2025 | $30.9M | +16.9% | $-3.2M | -10.2% |
| Q1 FY2025 | $28.3M | +8.4% | $-3.1M | -10.9% |
| Q4 FY2024 | $29.6M | +14.6% | $-1.5M | -5.0% |
| Q3 FY2024 | $27.1M | +9.5% | $-2.3M | -8.5% |
| Q2 FY2024 | $26.4M | +1.0% | $-2.2M | -8.3% |
| Q1 FY2024 | $26.2M | -0.9% | $-2.3M | -8.9% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $26.2M | $26.4M | $27.1M | $29.6M | $28.3M | $30.9M | $37.2M | $38.6M |
| YoY Growth | -0.9% | 1.0% | 9.5% | 14.6% | 8.4% | 16.9% | 37.0% | 30.1% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $198.0M | $192.3M | $191.1M | $186.6M | $192.1M | $207.7M | $235.1M | $231.5M |
| Liabilities | $177.3M | $175.1M | $171.4M | $168.3M | $170.7M | $172.1M | $199.3M | $197.1M |
| Equity | $23.6M | $20.7M | $9.9M | $8.4M | $5.5M | $17.4M | $16.6M | $15.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $249000 | $557000 | $368000 | $1.1M | $-1.8M | $337000 | $1.5M | $-3000 |