Assurant (AIZ) Q3 2026 earnings summary

Executive summary

• Q3 adjusted EBITDA excluding reportable catastrophes rose 12% to $484.1 million; adjusted EPS on the same basis increased 12% to $6.46.

• Nine-month adjusted EBITDA and adjusted EPS, excluding catastrophes, grew 12% to $1,441.4 million and 13% to $19.36, respectively.

• Performance supports a record 2026 and the goal of 10 consecutive years of profitable earnings growth.

Financial highlights

• Q3 revenue rose to $3,529.5 million from $3,231.5 million; net income increased to $275.2 million from $265.6 million.

• Nine-month revenue was $10,403.8 million versus $9,463.9 million; net income rose 31% to $847.9 million from $647.5 million.

• Q3 adjusted EBITDA was $464.4 million, up 8%; excluding reportable catastrophes, it was $484.1 million, up 12%.

• Q3 GAAP diluted EPS was $5.49, up 6%; adjusted diluted EPS was $6.15, up 7%.

Outlook and guidance

• FY26 adjusted EBITDA growth is expected at ~10% and adjusted EPS growth in the low double digits, excluding catastrophes.

• Excluding the $52 million lower favorable prior-year Housing reserve development, expected adjusted EBITDA growth is low-to-mid teens and adjusted EPS growth is mid-teens.

• Segment outlook: Global Lifestyle adjusted EBITDA growth in the mid-to-high teens; Global Housing growth in the mid-single digits excluding catastrophes; Corporate and Other loss of ~$150 million.

• FY26 outlook excludes Q4 prior-year reserve development; the 2025 comparison included $113 million of favorable development versus $61 million in the first nine months of 2026.

• Planned FY26 share repurchases increased to $350 million, the top of the initial range, subject to M&A opportunities, market conditions and other conditions.