HANOVER INSURANCE GROUP, INC.THGEarnings & Financial Report
The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the early 1990s, when it changed its name to Allmerica Property & Casualty Companies.
THG Q1 FY2026 Key Financial Metrics
Revenue
$1.7B
Gross Profit
N/A
Operating Profit
$188.5M
Net Profit
$186.8M
Gross Margin
N/A
Operating Margin
11.1%
Net Margin
11.0%
YoY Growth
6.1%
HANOVER INSURANCE GROUP, INC. Q1 FY2026 Financial Summary
HANOVER INSURANCE GROUP, INC. reported revenue of $1.7B (up 6.1% YoY) for Q1 FY2026, with a net profit of $186.8M (up 45.7% YoY) (11.0% margin).
Key Financial Metrics
| Total Revenue | $1.7B |
|---|---|
| Net Profit | $186.8M |
| Gross Margin | N/A |
| Operating Margin | 11.1% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
HANOVER INSURANCE GROUP, INC. Q1 FY2026 revenue of $1.7B breaks down across 3 segments, led by Premiums earned at $1.6B (92.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Premiums earned | $1.6B | 92.3% |
| Other | $124.6M | 7.3% |
| Fees and other income | $6.2M | 0.4% |
HANOVER INSURANCE GROUP, INC. Annual Revenue by Year
HANOVER INSURANCE GROUP, INC. annual revenue history includes year-by-year totals (for example, 2025 revenue was $6.6B).
HANOVER INSURANCE GROUP, INC. Quarterly Revenue & Net Profit History
HANOVER INSURANCE GROUP, 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 |
|---|---|---|---|---|
| Q1 FY2026 | $1.7B | +6.1% | $186.8M | 11.0% |
| Q4 FY2025 | $1.7B | +5.5% | $198.5M | 11.9% |
| Q3 FY2025 | $1.7B | +6.4% | $178.7M | 10.7% |
| Q2 FY2025 | $1.7B | +7.7% | $157.1M | 9.5% |
| Q1 FY2025 | $1.6B | +3.4% | $128.2M | 8.0% |
| Q4 FY2024 | $1.6B | +3.6% | $167.9M | 10.6% |
| Q3 FY2024 | $1.6B | +3.2% | $102.1M | 6.5% |
| Q2 FY2024 | $1.5B | +2.1% | $40.5M | 2.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.54B | $1.57B | $1.58B | $1.60B | $1.65B | $1.67B | $1.67B | $1.70B |
| YoY Growth | 2.1% | 3.2% | 3.6% | 3.4% | 7.7% | 6.4% | 5.5% | 6.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.87B | $15.37B | $15.27B | $15.47B | $15.73B | $16.77B | $16.95B | $16.53B |
| Liabilities | $12.32B | $12.49B | $12.43B | $12.43B | $12.52B | $13.35B | $13.37B | $12.96B |
| Equity | $2.55B | $2.88B | $2.84B | $3.04B | $3.22B | $3.43B | $3.57B | $3.04B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $139.5M | $394.7M | $213.5M | $38.9M | $206.6M | $554.4M | $378.2M |