REVO Insurance (REVO) Q1 2026 earnings summary

Executive summary

• Maintained high diversification across insurance portfolio, with significant growth in Iberian market and specialty lines, notably Energy and parametric solutions.

• Expanded distribution network and partnerships, including a new embedded group policy with Satispay, reaching over 450,000 merchants.

• Enhanced operational efficiency and underwriting quality through AI-driven innovations and 19 new hires focused on Data & Analytics and Underwriting.

Financial highlights

• Insurance contract revenue rose to €79.7M, up 20.0% year-over-year; gross written premiums reached €115.8M.

• Net profit increased to €7.4M, with adjusted net profit at €8.2M, both up from Q1 2025.

• Adjusted operating result grew 15.2% to €13.6M compared to Q1 2025.

• Net financial result was €1.6M, with €1.5M from investments; shareholders' equity at €261.4M.

Outlook and guidance

• Maintains strong resilience and growth trajectory despite macroeconomic uncertainty, with continued technical quality into Q2 2026.