WTMWhite Mountains Insurance Group, Ltd.

$2,062.71+17% 1Y

The financials

White Mountains Insurance Group, Ltd. by the numbers

White Mountains Insurance Group, Ltd. (WTM) reported revenue of $845M in Q2 2026 (quarter ended Jun 30, 2026), up 23% from the same quarter a year earlier. That came with net income of $231M (27% of revenue). For the full year FY2025, revenue was $3.73B (+67% year on year) and net income $1.20B. Its largest segment in Q2 2026 was Ark Insurance Holdings Limited WM Outrigger Re at $440M, 65% of the disclosed total, well ahead of WTM Partners LLC at 14%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.

White Mountains Insurance Group, Ltd. income statement, Q2 2026 against the same quarter a year earlier
Income statementQ2 2026Q2 2025Change
Revenue$845M$689M+23%
Net income$231M$164M+41%
Diluted EPS$80.58$47.75+69%
Revenue by segment, Q2 2026, as reported to the SEC
OperatingRevenueShare
Ark Insurance Holdings Limited WM Outrigger Re$440M65%
WTM Partners LLC$93M14%
Kudu Investment Management LLC$69M10%
Distinguished Partners$57M8.5%
HG Global$20M3.0%

Business segments

Revenue split by operating segment, from SEC XBRL filings.

Latest period: Jun 2026Total $679.1M (+37%)
Kudu Investment Management LLC grew +238% year on yearBamboo Insurance Services LLC -100% year on year
  • Ark Insurance Holdings Limited WM Outrigger Re$439.6Mquarter on quarter +17%year on year -1.9%
  • WTM Partners LLC$92.8Mquarter on quarter n/ayear on year +117%
  • Kudu Investment Management LLC$68.9Mquarter on quarter +9.4%year on year +238%
  • Distinguished Partners$57.4Mquarter on quarter +42%year on year n/a
  • HG Global$20.4Mquarter on quarter n/ayear on year -16%
  • Bamboo Insurance Services LLC$0.00quarter on quarter n/ayear on year -100%
Segment sum = 80% of reported consolidated revenue (partial disaggregation) · Latest source: 10-Q filed Aug 6, 2026, SEC EDGAR