Accelerant Announces Third Quarter 2026 Results
Business Wire•12/11/2026•08:00 ET
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Key Highlights
- ➤Exchange written premium $1.33 billion, up 27% year-over-year
- ➤Adjusted EBITDA $71.3 million; adjusted EBITDA margin 25.4%
- ➤Net loss $9.2 million; net loss per diluted share $0.06
- ➤Accelerant entered definitive merger agreement with Thoma Bravo
- ➤Transaction expected to close in the first half of 2027
- ➤Accelerant will not provide fourth-quarter or full-year 2026 guidance
Expert Statements
Jeff Radke, Chairman and Chief Executive Officer of Accelerant
“The third quarter continued to show the strength of the Accelerant Risk Exchange, with Exchange Written Premium growing 27% year-over-year to $1.33 billion”
Jeff Radke, Chairman and Chief Executive Officer of Accelerant
“We added 26 MGAs during the quarter, maintaining the upward momentum of our high-quality, specialty underwriting talent.”
Jeff Radke, Chairman and Chief Executive Officer of Accelerant
“Our Members choose Accelerant because we give them a proven platform, long-term capacity, and insights that provide a path to confidently grow their businesses.”
Jeff Radke, Chairman and Chief Executive Officer of Accelerant
“We remain excited about our pending transaction with Thoma Bravo and continue to expect a first half 2027 close.”
Linda S. Huber, Chief Financial Officer of Accelerant
“We delivered another quarter of disciplined growth, with operating revenue of $280.2 million and adjusted EBITDA of $71.3 million”
Linda S. Huber, Chief Financial Officer of Accelerant
“Our fee-based businesses, which we define as consolidated results less the Underwriting segment, delivered $84.5 million of adjusted EBITDA, representing growth of 75% year over year.”
Linda S. Huber, Chief Financial Officer of Accelerant
“These capital-light businesses are key to value-creation, delivering recurring, fee-based revenue and EBITDA.”
Linda S. Huber, Chief Financial Officer of Accelerant
“We are executing against our strategic priorities, positioning the business for growth in 2027 and beyond.”
Exchange Written Premium of $1.33 billion grew 27% year-over-year
* Third-Party Direct Written Premium accounted for 49% of Exchange Written Premium volume
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