James River Group Holdings Ltd
NASDAQ: JRVR · FINANCIAL SERVICES · INSURANCE - SPECIALTY
Updated 2026-06-03
James River Group Holdings Ltd (JRVR) Financial statements
SEC filings — annual and quarterly data.
Margin trends — annual
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2003 | $5.70M | — | — | — | — |
| 2004 | $80.08M | $8.76M | 14.98% | 13.97% | 10.93% |
| 2005 | $128.40M | $12.06M | 16.25% | 15.52% | 9.40% |
| 2006 | $238.48M | $34.70M | 23.54% | 23.15% | 14.55% |
| 2011 | $406.60M | $38.47M | 20.90% | 11.35% | 9.46% |
| 2012 | $417.91M | $8.66M | 15.51% | 1.86% | 2.07% |
| 2013 | $386.29M | $67.34M | 33.69% | 19.95% | 17.43% |
| 2014 | $439.00M | $44.69M | 26.53% | 10.39% | 10.18% |
| 2015 | $504.92M | $53.50M | 25.38% | 11.84% | 10.60% |
| 2016 | $586.23M | $74.47M | 27.15% | 13.53% | 12.70% |
| 2017 | $817.63M | $43.57M | 17.89% | 6.74% | 5.33% |
| 2018 | $885.60M | $63.83M | 19.67% | 8.00% | 7.21% |
| 2019 | $907.13M | $38.34M | 16.66% | 5.72% | 4.23% |
| 2020 | $668.69M | $4.82M | 17.13% | 1.79% | 0.72% |
| 2021 | $609.03M | $-172.80M | -0.83% | -17.75% | -28.37% |
| 2022 | $661.51M | $30.97M | 25.86% | 8.05% | 4.68% |
| 2023 | $812.01M | $-107.68M | 29.46% | 10.70% | -13.26% |
| 2024 | $707.63M | $-81.12M | 12.34% | -10.05% | -11.46% |
| 2025 | $687.61M | $47.43M | 28.35% | 7.35% | 6.90% |
Frequently asked questions
What is James River Group Holdings Ltd's revenue?
James River Group Holdings Ltd's trailing twelve-month revenue is $666.71M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is JRVR?
In its most recent fiscal year, JRVR ran a gross margin of 28.35%, an operating margin of 7.35%, and a net margin of 6.90%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does JRVR generate?
JRVR produced $-23.59M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is JRVR's balance sheet healthy?
JRVR holds $260.94M in cash and equivalents against $329.86M in long-term debt, on $671.27M of shareholder equity. That debt is best read against the cash flow the business throws off each year.