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Octave Specialty Group Q2 revenue rises 51 percent to $83 million

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Octave Specialty Group (OSG) reported second-quarter 2026 total revenue of $83.0 million, up 51% from $55.0 million a year earlier. Net loss attributable to shareholders improved to $14.4 million, compared with a $20.5 million loss in the prior-year period.

The company reported a diluted loss per share of $0.33 for the quarter. Insurance Distribution revenue rose 77% to $58.4 million, while Specialty P&C Insurance revenue increased 23% to $26.4 million.

  • Total revenues were $82.995 million for the three months ended June 30, 2026.
  • Net loss attributable to shareholders was $14.429 million, compared with $72.699 million a year earlier including discontinued operations.
  • Insurance Distribution organic revenue growth was 44.1% in the quarter.
  • Everspan gross premiums written were $94.7 million, down 2%, while net premiums written rose 52% to $23.1 million.
  • Everspan net income was $1.1 million, compared with $0.4 million in the second quarter of 2025.
  • The company scheduled an earnings call for August 7, 2026, at 8:30 a.m. ET.

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