Accelerant Holdings Q1 EPS Beats, Revenue Up 54%

Accelerant posted Q1 adjusted EPS $0.17, beating estimates by $0.03, and revenue rose 54% YoY to $273.3 million.
Exchange Written Premium reached $1.14 billion, up 16% YoY, marking fourth straight quarter above $1 billion.
Adjusted EBITDA climbed 70% to $66.1 million, margin expanding to 24% while GAAP loss narrowed to $4.1 million.
Company guided Q2 EWP $1.27‑$1.32 billion (midpoint $1.295 billion) and FY2026 EWP ≥$5.2 billion, EBITDA ≥$285 million; shares rose 2.9%.