Accelerant Holdings Q1 EPS Beats, Revenue +54%

Accelerant posted adjusted EPS $0.17, topping the $0.14 estimate, and revenue rose 54% YoY to $273.3 million in Q1.
Exchange Written Premium reached $1.14 billion, up 16% YoY, marking the fourth straight quarter above $1 billion in the quarter.
Guidance for Q2 2026 EWP $1.27‑$1.32 billion (midpoint $1.295 billion) far exceeds consensus $1.03 billion; FY2026 EWP ≥$5.2 billion, EBITDA ≥$285 million according to company.
Adjusted EBITDA rose 70% to $66.1 million (margin 24%); GAAP net loss $4.1 million; repurchased 828,333 shares for $11 million; stock up 2.9%.