Octave Specialty Group, Inc. (OSG)

NYSE: OSG · Surety Insurance · New York, NY · filing with the SEC since 1994

Grade2.4

◀ Past 0.9● Present 3.7▶ Future 3.1

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Mar 4, 2026	Mar 6, 2025	Feb 27, 2024	Mar 1, 2023	Feb 24, 2022	Mar 1, 2021	Mar 2, 2020	Feb 28, 2019	Feb 28, 2018	Feb 28, 2017
Revenue	251,222	235,815	124,728^r	53,612^r	282,000	156,000	496,000	511,000^r	622,000^r	506,774
For insurers
Premiums earned	67,232	99,005	51,911^r	13,869^r	47,000	54,000	66,000	111,000^r	175,000^r	197,287
Net investment income	10,647	14,448	13,159^r	4,503^r	139,000	122,000	227,000	273,000^r	361,000^r	313,367
Benefits, claims and losses	47,193	72,626	36,712^r	9,071^r	·	·	·	·	·	·
Total benefits, losses and expenses	352,236	295,660	148,949^r	89,318^r	281,000	596,000	680,000	238,000^r	906,000^r	401,748
General and administrative	191,624	129,166	66,985^r	56,278^r	111,000	92,000	·	·	·	·
Interest expense	18,640	9,379	0^r	0^r	187,000	222,000	269,000	242,000^r	120,000^r	124,344
Interest and investment income	10,647	14,448	13,159	2,163^r	78,000	103,000	183,000	265,000	337,000^r	288,554
Income before income taxes	-101,014	-59,845	-24,221^r	-35,706^r	2,000	-440,000	-183,000	273,000^r	-284,000^r	105,026
Income tax expense	5,211	924^r	989^r	-462^r	18,000	-3,000	32,000	5,000^r	44,000^r	30,709
Income from continuing operations	-98,404	-59,282	-24,551	-36,115	·	·	·	·	·	·
Income from discontinued operations	-163,288	-497,167	28,183	557,364	·	·	·	·	·	·
Net income including non-controlling interests	-95,803	-58,921	-23,232^r	-35,244^r	-16,000	-437,000	-216,000	267,000^r	-329,000^r	74,317
Net income to non-controlling interests	·	·	·	·	·	·	·	0	0	-526
Net income	-259,091	-556,088	4,951^r	522,120^r	-17,000	-437,000	-216,000	186,000^r	-329,000^r	74,843
Net income to common shareholders	-261,692	-556,449	3,632^r	522,380^r	-28,000	-437,000	-216,000	·	·	·
Earnings per share, basic	-5.93	-11.96^r	0.18	11.48	-0.61	-9.47	-4.69	4.07	-7.25	1.66
Earnings per share, diluted	-5.93	-11.96^r	0.18	11.48^r	-0.61	-9.47	-4.69	3.99	-7.25	1.64
Weighted average shares, basic	47,181,227	46,969,708	45,636,649	45,719,906	46,535,001	46,147,062	45,954,908	45,665,883	45,665,883^r	45,367,932^r
Weighted average shares, diluted	47,181,227	46,969,708	45,636,649^r	45,719,906^r	46,535,001	46,147,062	45,954,908	46,559,835	46,559,835^r	45,367,932^r

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total benefits, losses and expenses claims and every other cost togetherus-gaap:BenefitsLossesAndExpenses

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Interest expense what its borrowing cost

us-gaap:InterestExpenseDebt
us-gaap:InterestExpense

Interest and investment income what its cash and investments earned

us-gaap:InvestmentIncomeNet
us-gaap:InvestmentIncomeInterestAndDividend

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton OSG · research, not advice