James River Group Holdings, Ltd. (JRVR) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, James River reported revenue of $687.6M, down 2.8% from $707.6M the year before. Net income was $47.4M (a 6.9% net margin), or $0.79 per diluted share. Gross margin was 37.9% and operating margin was 37.9%. Operating activities generated -$18.8M of cash, leaving -$23.6M of free cash flow. At fiscal year end, James River held $4.86B in total assets against $4.19B in total liabilities, including $260.9M of cash and equivalents.
Open the full interactive James River financials → Quarterly statements, key ratios, valuation history and price charts.
James River Key Stats
| Share Price | $3.71 |
|---|---|
| Market Cap | $174.2M |
| P/E Ratio | 4.7 |
| Revenue YoY Growth | -2.8% |
| 52-Week Range | $3.41 – $7.08 |
| Shares Outstanding | 46.3 million (basic, 2026 Q2) |
James River Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $668.7M | $772.9M | $813.7M | $812.0M | $707.6M | $687.6M |
| Cost of Goods Sold | $478.5M | $792.4M | $544.8M | $500.2M | $554.4M | $427.2M |
| Gross Profit | $190.1M | -$19.5M | $268.9M | $311.9M | $153.3M | $260.4M |
| Operating Income | -$466.6M | -$19.5M | $268.9M | $311.9M | $153.3M | $260.4M |
| Pre-Tax Income | $11.9M | -$196.0M | $49.4M | $86.9M | -$71.1M | $50.5M |
| Income Tax | $7.1M | -$23.2M | $18.4M | $25.7M | -$7.6M | $723,000 |
| Net Income | $4.8M | -$172.8M | $31.0M | -$107.7M | -$81.1M | $47.4M |
| Diluted EPS | $0.16 | -$4.94 | $0.59 | -$3.13 | -$3.06 | $0.79 |
James River Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $172.7M | $167.7M | $151.4M | $161.3M |
| Net Income | $1.0M | $32.1M | -$8.9M | $6.4M |
| Diluted EPS | -$0.02 | $0.53 | -$0.23 | $0.10 |
James River Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $162.3M | $190.1M | $173.2M | $274.3M | $362.3M | $260.9M |
| Total Assets | $5.06B | $4.95B | $5.14B | $5.32B | $5.01B | $4.86B |
| Total Long-Term Debt | $366.4M | $366.4M | $326.4M | $326.4M | $304.9M | $329.9M |
| Total Liabilities | $4.27B | $4.22B | $4.44B | $4.64B | $4.41B | $4.19B |
| Shareholders' Equity | $795.6M | $725.4M | $553.8M | $534.6M | $460.9M | $538.2M |
James River Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$273.8M | -$913.5M | $222.7M | $88.0M | -$247.1M | -$18.8M |
| Cash From Investing | -$176.0M | $35.8M | -$328.2M | $16.7M | $307.0M | -$116.0M |
| Cash From Financing | $65.9M | $147.7M | $89.7M | -$21.1M | -$28.8M | $13.2M |
| Free Cash Flow | — | -$919.8M | $214.5M | $81.5M | -$252.0M | -$23.6M |
| Dividends Paid | $37.1M | $43.2M | — | — | — | — |
Figures from James River's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full James River financials page for every line item.
James River Company Profile
| Ticker | JRVR |
|---|---|
| Exchange | Nasdaq |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Chapel Hill, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001620459 |
Frequently Asked Questions
What was James River's revenue in fiscal 2025?
James River (JRVR) reported revenue of $687.6M for fiscal 2025.
What is James River's annual revenue history?
James River's annual revenue by fiscal year: 2020: $668.7M; 2021: $772.9M; 2022: $813.7M; 2023: $812.0M; 2024: $707.6M; 2025: $687.6M.
What was James River's net income in fiscal 2025?
James River reported net income of $47.4M for fiscal 2025.
What was James River's earnings per share (EPS) in fiscal 2025?
James River's diluted EPS was $0.79 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did James River generate in fiscal 2025?
James River generated -$23.6M of free cash flow in fiscal 2025.
What was James River's revenue last quarter?
In its most recent reported quarter (2026 Q2), James River reported revenue of $161.3M.
How much debt does James River have?
James River reported $329.9M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of James River are outstanding?
James River reported a weighted average of 46.3 million basic shares outstanding in 2026 Q2.
What is James River's market cap?
Based on its latest closing price, James River (JRVR) has a market capitalization of about $174.2M.
When does James River's fiscal year end?
James River's fiscal year end, as registered with the SEC, is December 31.
Where is James River headquartered?
James River lists its business address in Chapel Hill, North Carolina in its SEC filings.