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Side-by-side financial comparison of SiriusPoint Ltd (SPNT) and WERNER ENTERPRISES INC (WERN). Click either name above to swap in a different company.

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $808.6M, roughly 1.2× WERNER ENTERPRISES INC). SiriusPoint Ltd runs the higher net margin — 25.1% vs -0.5%, a 25.6% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 13.6%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% CAGR vs 4.3%).

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

SPNT vs WERN — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.2× larger
SPNT
$973.7M
$808.6M
WERN
Growing faster (revenue YoY)
SPNT
SPNT
+45.3% gap
SPNT
58.9%
13.6%
WERN
Higher net margin
SPNT
SPNT
25.6% more per $
SPNT
25.1%
-0.5%
WERN
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
4.3%
WERN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SPNT
SPNT
WERN
WERN
Revenue
$973.7M
$808.6M
Net Profit
$244.1M
$-4.3M
Gross Margin
Operating Margin
28.8%
Net Margin
25.1%
-0.5%
Revenue YoY
58.9%
13.6%
Net Profit YoY
1535.9%
57.8%
EPS (diluted)
$1.92
$-0.07

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SPNT
SPNT
WERN
WERN
Q1 26
$808.6M
Q4 25
$973.7M
$719.9M
Q3 25
$755.9M
$752.2M
Q2 25
$748.2M
$734.1M
Q1 25
$727.3M
$693.4M
Q4 24
$612.8M
$736.6M
Q3 24
$562.2M
$726.3M
Q2 24
$743.3M
$742.7M
Net Profit
SPNT
SPNT
WERN
WERN
Q1 26
$-4.3M
Q4 25
$244.1M
$-27.8M
Q3 25
$90.8M
$-20.6M
Q2 25
$63.2M
$44.1M
Q1 25
$61.6M
$-10.1M
Q4 24
$-17.0M
$11.9M
Q3 24
$8.5M
$6.6M
Q2 24
$113.9M
$9.5M
Operating Margin
SPNT
SPNT
WERN
WERN
Q1 26
Q4 25
28.8%
-5.0%
Q3 25
14.7%
-1.7%
Q2 25
10.0%
9.0%
Q1 25
10.4%
-0.8%
Q4 24
-2.1%
1.8%
Q3 24
2.0%
2.4%
Q2 24
17.4%
2.6%
Net Margin
SPNT
SPNT
WERN
WERN
Q1 26
-0.5%
Q4 25
25.1%
-3.9%
Q3 25
12.0%
-2.7%
Q2 25
8.4%
6.0%
Q1 25
8.5%
-1.5%
Q4 24
-2.8%
1.6%
Q3 24
1.5%
0.9%
Q2 24
15.3%
1.3%
EPS (diluted)
SPNT
SPNT
WERN
WERN
Q1 26
$-0.07
Q4 25
$1.92
$-0.46
Q3 25
$0.73
$-0.34
Q2 25
$0.50
$0.72
Q1 25
$0.49
$-0.16
Q4 24
$-0.05
$0.19
Q3 24
$0.03
$0.11
Q2 24
$0.57
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SPNT
SPNT
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$731.2M
$61.5M
Total DebtLower is stronger
$688.6M
$878.2M
Stockholders' EquityBook value
$2.5B
$1.4B
Total Assets
$12.6B
$3.3B
Debt / EquityLower = less leverage
0.28×
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SPNT
SPNT
WERN
WERN
Q1 26
$61.5M
Q4 25
$731.2M
$59.9M
Q3 25
$582.4M
$51.0M
Q2 25
$732.4M
$51.4M
Q1 25
$740.3M
$52.0M
Q4 24
$682.0M
$40.8M
Q3 24
$640.7M
$54.7M
Q2 24
$598.1M
$70.4M
Total Debt
SPNT
SPNT
WERN
WERN
Q1 26
$878.2M
Q4 25
$688.6M
$752.0M
Q3 25
$682.5M
$725.0M
Q2 25
$678.4M
$725.0M
Q1 25
$663.5M
$640.0M
Q4 24
$639.1M
$650.0M
Q3 24
$660.5M
$690.0M
Q2 24
$648.6M
$670.0M
Stockholders' Equity
SPNT
SPNT
WERN
WERN
Q1 26
$1.4B
Q4 25
$2.5B
$1.4B
Q3 25
$2.2B
$1.4B
Q2 25
$2.1B
$1.4B
Q1 25
$2.0B
$1.4B
Q4 24
$1.9B
$1.5B
Q3 24
$2.7B
$1.4B
Q2 24
$2.7B
$1.5B
Total Assets
SPNT
SPNT
WERN
WERN
Q1 26
$3.3B
Q4 25
$12.6B
$2.9B
Q3 25
$12.5B
$3.0B
Q2 25
$12.4B
$2.9B
Q1 25
$12.3B
$3.0B
Q4 24
$12.5B
$3.1B
Q3 24
$12.7B
$3.1B
Q2 24
$12.8B
$3.1B
Debt / Equity
SPNT
SPNT
WERN
WERN
Q1 26
0.65×
Q4 25
0.28×
0.55×
Q3 25
0.31×
0.52×
Q2 25
0.32×
0.51×
Q1 25
0.33×
0.45×
Q4 24
0.33×
0.45×
Q3 24
0.25×
0.48×
Q2 24
0.24×
0.46×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SPNT
SPNT
WERN
WERN
Operating Cash FlowLast quarter
$-26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SPNT
SPNT
WERN
WERN
Q1 26
Q4 25
$-26.4M
$62.3M
Q3 25
$155.6M
$44.1M
Q2 25
$62.1M
$46.0M
Q1 25
$-88.9M
$29.4M
Q4 24
$107.7M
$71.0M
Q3 24
$58.1M
$61.0M
Q2 24
$-149.9M
$109.1M
Free Cash Flow
SPNT
SPNT
WERN
WERN
Q1 26
Q4 25
$-23.5M
Q3 25
$-8.6M
Q2 25
$-42.3M
Q1 25
$5.9M
Q4 24
$-9.8M
Q3 24
$-73.4M
Q2 24
$-31.2M
FCF Margin
SPNT
SPNT
WERN
WERN
Q1 26
Q4 25
-3.3%
Q3 25
-1.1%
Q2 25
-5.8%
Q1 25
0.8%
Q4 24
-1.3%
Q3 24
-10.1%
Q2 24
-4.2%
Capex Intensity
SPNT
SPNT
WERN
WERN
Q1 26
0.2%
Q4 25
11.9%
Q3 25
7.0%
Q2 25
12.0%
Q1 25
3.4%
Q4 24
11.0%
Q3 24
18.5%
Q2 24
18.9%
Cash Conversion
SPNT
SPNT
WERN
WERN
Q1 26
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
1.04×
Q1 25
-1.44×
Q4 24
5.97×
Q3 24
6.84×
9.30×
Q2 24
-1.32×
11.52×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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