Income Statement - WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 2,707.30 | 2,354.30 | 2,166.70 | 1,157.90 | 614.40 | 895.60 | 893.40 | 369.10 | 373.80 | 157.70 | 440.00 | 1,411.10 | 1,361.60 | 2,435.70 | 2,173.10 | 3,571.10 | 4,448.10 | 2,955.70 | 4,733.80 | 4,794.20 |
| Cost of revenue | 1,252.90 | 1,281.30 | 1,016.90 | 787.00 | 581.30 | 82.30 | 70.50 | 33.70 | 5.20 | 13.60 | 14.50 | 1,030.20 | 832.50 | 1,624.10 | 1,576.50 | 3,159.60 | 3,350.30 | 3,725.50 | 3,717.60 | 3,712.90 |
| Gross profit | 1,454.40 | 1,073.00 | 1,149.80 | 370.90 | 33.10 | 813.30 | 822.90 | 335.40 | 368.60 | 144.10 | 425.50 | 380.90 | 529.10 | 811.60 | 596.60 | 3,571.10 | 4,448.10 | 2,955.70 | 4,733.80 | 4,794.20 |
| Total operating expenses | 125.70 | 756.30 | 584.40 | 520.30 | 306.70 | 152.90 | 417.80 | 513.60 | 360.80 | 291.40 | 296.30 | 410.30 | 370.50 | 548.80 | 498.60 | 203.70 | 263.00 | 237.90 | 200.50 | 218.30 |
| Operating income | 1,328.70 | 316.70 | 565.40 | -149.40 | -273.60 | 660.40 | 405.10 | -178.20 | 7.80 | -147.30 | 129.20 | -29.40 | 158.60 | 262.80 | 98.00 | 164.70 | 749.60 | -938.50 | 690.90 | 880.80 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -14.20 | 14.40 | -201.60 | -9.40 | -151.00 |
| Income before tax | 1,328.70 | 316.70 | 565.40 | -149.40 | -273.60 | 660.40 | 405.10 | -178.20 | 7.80 | -147.30 | 129.20 | -29.40 | 158.60 | 262.80 | 98.00 | 150.50 | 764.00 | -1,140.10 | 681.50 | 729.80 |
| Income tax expense | 126.90 | 32.60 | -15.50 | 41.40 | 44.40 | -14.80 | 29.30 | -4.00 | -7.80 | -32.90 | -12.70 | -14.80 | 32.60 | -15.70 | -110.00 | 20.90 | 208.80 | -498.70 | 210.50 | 98.90 |
| Net income | 1,106.40 | 230.40 | 509.20 | 792.80 | -275.40 | 708.70 | 414.50 | -141.20 | 627.20 | 401.80 | 295.20 | 312.20 | 321.60 | 207.40 | 767.90 | 86.50 | 470.00 | -555.30 | 407.40 | 673.20 |
Show Quarterly Income Statement
Income Statement - WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 515.40 | 576.10 | 864.20 | 689.20 | 577.80 | 358.00 | 953.60 | 395.40 | 647.30 | 736.80 | 519.60 | 378.50 | 531.90 | 437.60 | 383.20 | 76.70 | 260.40 | 350.00 | -92.40 | 342.40 | 178.20 | 520.80 | 459.50 | 259.60 | -89.20 | 175.30 | 155.50 | 129.00 | 433.60 | 6.00 | 198.70 | 122.30 | 42.10 | 114.00 | 87.50 | 83.50 | 88.80 | 268.20 | 56.80 | 49.20 | 369.30 | 678.50 | 296.10 | 368.70 | 391.80 | 689.70 | 323.20 | 653.30 | 578.70 | 626.60 | 574.10 | 489.30 | 627.40 | 566.40 | 697.40 | 542.30 | 629.60 | 593.60 | 501.80 | 553.60 | 529.60 | 777.10 | 551.00 | 689.60 | 1,036.80 | 1,060.00 | 1,202.70 | 1,218.90 | 966.50 | 360.60 | 618.00 | 1,039.20 | 937.90 | 1,201.70 | 1,155.40 | 1,210.60 | 1,166.10 | 1,349.30 | 1,186.20 | 1,200.90 | 1,057.80 |
| Cost of revenue | 207.00 | 195.40 | 397.30 | 285.80 | 374.40 | 322.90 | 419.20 | 259.80 | 266.70 | 218.00 | 358.20 | 230.40 | 210.30 | 146.40 | 290.20 | 175.50 | 195.50 | 141.70 | 206.30 | 109.80 | 123.50 | 20.50 | 18.70 | 23.10 | 20.00 | 17.50 | 16.70 | 19.50 | 16.80 | 12.80 | 11.80 | 7.90 | 1.40 | 1.00 | 0.90 | 0.90 | 2.40 | 208.30 | 3.50 | 3.70 | 213.80 | 228.80 | 225.30 | 254.00 | 220.90 | 468.70 | 240.70 | 381.60 | 324.40 | 339.20 | 385.00 | 350.70 | 342.50 | 476.20 | 415.70 | 373.40 | 358.90 | 396.70 | 387.20 | 377.00 | 449.10 | 533.50 | 355.50 | 536.70 | 884.30 | 684.90 | 726.00 | 708.70 | 725.40 | 733.90 | 888.10 | 811.50 | 825.40 | 942.50 | 775.80 | 795.70 | 948.70 | 909.20 | 876.80 | 1,080.70 | 870.70 |
| Gross profit | 308.40 | 380.70 | 466.90 | 403.40 | 203.40 | 35.10 | 534.40 | 135.60 | 380.60 | 518.80 | 161.40 | 148.10 | 321.60 | 291.20 | 93.00 | -98.80 | 64.90 | 208.30 | -298.70 | 232.60 | 54.70 | 500.30 | 440.80 | 236.50 | -109.20 | 157.80 | 138.80 | 109.50 | 416.80 | -6.80 | 186.90 | 114.40 | 40.70 | 113.00 | 86.60 | 82.60 | 86.40 | 59.90 | 53.30 | 45.50 | 155.50 | 449.70 | 70.80 | 114.70 | 170.90 | 221.00 | 82.50 | 271.70 | 254.30 | 287.40 | 189.10 | 138.60 | 284.90 | 90.20 | 281.70 | 168.90 | 270.70 | 196.90 | 114.60 | 176.60 | 80.50 | 243.60 | 195.50 | 152.90 | 152.50 | 375.10 | 476.70 | 510.20 | 241.10 | -373.30 | -270.10 | 227.70 | 112.50 | 259.20 | 379.60 | 414.90 | 217.40 | 440.10 | 309.40 | 120.20 | 187.10 |
| Total operating expenses | 333.90 | -520.30 | 288.10 | 226.90 | 131.00 | 155.80 | 294.90 | 170.30 | 148.00 | 191.00 | 140.30 | 130.60 | 122.50 | 162.20 | 124.00 | 133.80 | 96.00 | 171.60 | 61.90 | 71.20 | 193.40 | 143.00 | 119.60 | 103.80 | 56.80 | 101.30 | 87.70 | 93.70 | 135.10 | 137.30 | 142.60 | 126.80 | 106.70 | 107.80 | 78.20 | 84.80 | 90.00 | 126.70 | 67.10 | 70.60 | 147.00 | 191.60 | 157.70 | 119.80 | 170.40 | 174.80 | 118.00 | 162.20 | 141.80 | 153.20 | 133.80 | 135.00 | 133.10 | 141.00 | 146.60 | 131.30 | 129.90 | 138.90 | 113.30 | 140.50 | 114.20 | 157.70 | 120.30 | 148.90 | 179.30 | 221.60 | 218.40 | 206.40 | 192.70 | 183.50 | 211.80 | 225.40 | 214.70 | 77.30 | 188.10 | 238.70 | 85.50 | 121.70 | 80.90 | 48.60 | 70.30 |
| Operating income | -25.50 | 901.00 | 178.80 | 176.50 | 72.40 | -120.70 | 239.50 | -34.70 | 232.60 | 327.80 | 21.10 | 17.50 | 199.10 | 129.00 | -31.00 | -232.60 | -31.10 | 36.70 | -360.60 | 161.40 | -138.70 | 357.30 | 321.20 | 132.70 | -166.00 | 56.50 | 51.10 | 15.80 | 281.70 | -144.10 | 44.30 | -12.40 | -66.00 | 5.20 | 8.40 | -2.20 | -3.60 | -66.80 | -13.80 | -25.10 | 8.50 | 258.10 | -86.90 | -5.10 | 0.50 | 46.20 | -35.50 | 109.50 | 112.50 | 134.20 | 55.30 | 3.60 | 151.80 | -50.80 | 135.10 | 37.60 | 140.80 | 58.00 | 1.30 | 36.10 | -33.70 | 85.90 | 75.20 | 4.00 | -26.80 | 153.50 | 258.30 | 303.80 | 48.40 | -556.80 | -481.90 | 2.30 | -102.20 | 181.90 | 191.50 | 176.20 | 131.90 | 318.40 | 228.50 | 71.60 | 116.80 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 16.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | -25.50 | 901.00 | 178.80 | 176.50 | 72.40 | -120.70 | 239.50 | -34.70 | 232.60 | 327.80 | 21.10 | 17.40 | 199.10 | 129.00 | -31.00 | -232.60 | -14.80 | 36.70 | -360.60 | 161.40 | -138.70 | 357.30 | 321.20 | 132.70 | -166.00 | 56.50 | 51.10 | 15.80 | 281.70 | -144.10 | 44.30 | -12.40 | -66.00 | 5.20 | 8.40 | -2.20 | -3.60 | -66.80 | -13.80 | -25.10 | 8.50 | 258.10 | -86.90 | -5.10 | 0.50 | 46.20 | -35.50 | 109.50 | 112.50 | 134.20 | 55.30 | 3.60 | 151.80 | -50.80 | 135.10 | 37.60 | 140.80 | 58.00 | 1.30 | 36.10 | -33.70 | 85.90 | 75.20 | 4.00 | -26.80 | 153.50 | 258.30 | 303.80 | 48.40 | -556.80 | -481.90 | 2.30 | -102.20 | 181.90 | 191.50 | 176.20 | 131.90 | 318.40 | 228.50 | 71.60 | 116.80 |
| Income tax expense | 0.80 | 87.30 | 17.10 | 12.90 | 9.60 | 3.70 | 11.60 | 6.50 | 10.80 | -34.90 | 7.30 | 0.20 | 11.90 | 67.50 | -7.40 | -16.00 | -2.70 | -3.30 | 28.60 | 30.00 | -9.50 | -117.60 | 98.50 | 24.10 | -25.50 | 10.40 | 8.80 | -0.10 | 10.20 | -3.60 | -3.60 | 2.50 | 0.70 | -2.50 | -4.00 | -1.00 | -0.30 | -23.00 | -17.10 | -4.00 | -9.70 | -1.50 | -1.60 | -2.20 | 4.60 | -8.70 | -4.70 | 24.50 | 30.90 | 27.40 | 8.20 | -0.60 | 41.60 | -101.00 | 47.80 | 6.40 | 31.10 | -124.60 | -0.60 | 10.00 | -7.70 | 4.70 | 11.70 | -2.10 | -0.20 | 34.00 | 73.90 | 88.60 | 12.30 | -311.60 | -151.60 | -3.00 | -32.50 | 59.20 | 64.30 | 55.80 | 31.20 | 32.00 | 69.30 | -29.30 | 26.90 |
| Net income | -31.10 | 835.80 | 113.80 | 122.90 | 33.90 | -130.40 | 179.00 | -54.60 | 236.40 | 286.50 | 23.60 | 19.60 | 179.50 | 40.40 | 888.20 | -169.20 | 33.40 | 32.80 | -371.40 | 138.50 | -75.30 | 489.20 | 232.90 | 115.40 | -128.80 | 60.90 | 48.70 | 20.50 | 284.40 | -137.50 | 40.80 | 3.50 | -48.00 | 22.50 | 546.90 | 13.60 | 29.00 | -33.30 | 90.80 | 341.10 | 13.00 | 267.90 | -58.90 | 4.30 | 84.30 | 70.00 | 51.30 | 95.50 | 95.50 | 117.90 | 57.20 | 26.30 | 120.40 | 68.20 | 19.10 | 26.10 | 93.80 | 800.20 | -15.80 | 11.70 | -28.20 | 72.90 | 50.70 | 2.50 | -39.60 | 99.80 | 159.60 | 180.30 | 30.30 | -212.60 | -276.70 | -9.20 | -56.80 | 101.20 | 111.40 | 102.60 | 92.20 | 299.30 | 162.10 | 115.80 | 96.00 |