Accelerant Holdings balance sheet
At the end of fiscal 2025, Accelerant Holdings had total assets of $8.26bn, total liabilities of $7.54bn and shareholders' equity of $698m. It held $1.72bn in cash against $121m of debt: net cash of $1.59bn.
Balance sheet
| Fiscal year | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|
| Cash and equivalents | 775 | 1,226 | 1,716 | 1,573 |
| Goodwill | 21 | 31 | 63 | — |
| Total assets | — | 6,095 | 8,263 | 8,943 |
| Long-term debt | — | 121 | 121 | 120 |
| Total debt | 0 | 121 | 121 | 120 |
| Total liabilities | — | 5,668 | 7,537 | 8,199 |
| Shareholders' equity | 287 | 304 | 698 | 717 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 123 | — | — |
| Net debt (negative = net cash) | −775 | −1,104 | −1,595 | −1,453 |
| Shares outstanding | — | 166m | — | — |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Goodwill | — | 31 | — | — | — | 63 | — | — |
| Total assets | — | 6,095 | — | 7,496 | 7,859 | 8,263 | 8,604 | 8,943 |
| Long-term debt | — | 121 | — | 127 | 122 | 121 | 121 | 120 |
| Total debt | — | 121 | — | 127 | 122 | 121 | 121 | 120 |
| Total liabilities | — | 5,668 | — | 7,014 | 7,156 | 7,537 | 7,884 | 8,199 |
| Shareholders' equity | 293 | 304 | 454 | 346 | 676 | 698 | 693 | 717 |
| Non-controlling interests and other (assets − liabilities − equity) | — | 123 | — | — | — | — | — | — |
| Shares outstanding | — | 166m | — | 166m | — | — | — | — |
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