SiriusPoint Ltd SPNT
SiriusPoint is a global specialty underwriter of insurance and reinsurance, headquartered in Bermuda. Our common shares are listed on the New York Stock Exchange ("NYSE") under the symbol "SPNT."
We have licenses to write property, casualty, and accident & health insurance and reinsurance globally, including admitted and non-admitted licensed companies in the United States, a Bermuda Class 4 company, a Lloyd's of London ("Lloyd's") syndicate and managing agency, and an internationally licensed company domiciled in Sweden. We have offices in 10 countries with a total employee population of 1,099 people.
As of December 31, 2025, we had common shareholders' equity of $2.3 billion, total capital of $3.2 billion and total assets of $12.6 billion. Our operating companies have a financial strength rating of A- (Positive) from AM Best, Fitch Ratings ("Fitch") and Standard & Poor's ("S&P") and A3 (Stable) from Moody's Ratings ("Moody's").
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.21B | $2.60B | $2.74B | $2.11B | $2.18B | $889.7M | $982.6M | $370.0M | $939.0M | $689.0M |
| SG&A | — | — | — | — | — | $61.4M | $53.8M | $36.2M | $53.1M | $39.4M |
| Interest expense | $79.7M | $69.6M | $64.1M | $38.6M | $34.0M | $8.2M | $8.2M | $8.2M | $8.2M | $8.2M |
| Pre-tax income | $541.3M | $233.1M | $318.7M | -$422.7M | $45.1M | $151.9M | $201.3M | -$321.5M | $293.7M | $34.5M |
| Income tax | $81.2M | $30.7M | $45.0M | $36.7M | $10.7M | $8.1M | $700.0K | $4.0M | $12.0M | $5.6M |
| Net income | $460.0M | $200.0M | $355.0M | -$387.0M | $58.0M | $143.5M | $200.6M | -$317.7M | $277.8M | $27.6M |
| EPS, basic | 3.80 | 1.06 | 1.93 | -2.51 | 0.28 | 1.54 | 2.18 | -3.27 | 2.71 | 0.26 |
| EPS, diluted | 3.64 | 1.04 | 1.85 | -2.51 | 0.27 | 1.53 | 2.16 | -3.27 | 2.64 | 0.26 |
| Shares, diluted (wtd. avg.) | 121.6M | 169.5M | 169.6M | 160.2M | 150.2M | 93.0M | 92.7M | 97.1M | 105.2M | 105.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $731.2M | $682.0M | $1.10B | $913.7M | $1.95B | $1.71B | $1.65B | $713.4M | $549.3M | $308.9M |
| Other intangibles | $121.2M | $140.8M | $152.7M | $163.8M | $171.9M | $0 | — | — | — | — |
| Total assets | $12.57B | $12.52B | $12.87B | $11.04B | $10.62B | $3.54B | $3.25B | $3.09B | $4.67B | $3.90B |
| Long-term debt | $688.6M | $639.1M | $786.2M | $778.0M | $816.7M | $114.3M | — | — | — | — |
| Total liabilities | $10.10B | $10.59B | $10.34B | $8.95B | $8.12B | $1.97B | $1.83B | $1.88B | $2.90B | $2.45B |
| Retained earnings | $1.23B | $784.9M | $601.0M | $262.2M | $665.0M | $620.4M | $476.9M | $276.3M | $594.0M | $316.2M |
| Total equity | $2.47B | $1.94B | $2.53B | $2.08B | $2.50B | $1.57B | $1.41B | $1.20B | $1.66B | $1.41B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $102.4M | $74.7M | $581.3M | $293.3M | $1.6M | $73.3M | $141.1M | $13.4M | -$78.5M | $4.8M |
| Stock-based compensation | $35.9M | $20.7M | $21.4M | $30.5M | $11.4M | $6.6M | $7.0M | $5.0M | $3.6M | $8.9M |
| Investing cash flow | $424.2M | $343.6M | -$332.2M | -$1.30B | $208.6M | $6.0M | $786.9M | $377.6M | $265.2M | -$85.3M |
| Financing cash flow | -$518.8M | -$625.0M | -$61.5M | -$23.7M | $24.3M | -$19.4M | $12.6M | -$226.9M | $53.7M | $38.1M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | — |
| Buybacks | $490.8M | $299.7M | $0 | $5.0M | $0 | $0 | $0 | $138.7M | $40.9M | $7.4M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001174947-26-000480.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $689.0M | $939.0M | $370.0M | $982.6M | $889.7M | $2.18B | $2.11B | $2.74B | $2.60B | $3.21B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $27.6M | $277.8M | -$317.7M | $200.6M | $143.5M | $58.0M | -$387.0M | $355.0M | $200.0M | $460.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
- Change of control Control of the company has changed hands. Item 5.01
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Officer or director change Item 5.02
- Regulation FD disclosure Item 7.01
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Regulation FD disclosure Item 7.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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