For the quarter ending 2026-03-31, KINS made $59,775,736 in revenue. -$7,863,507 in net income. Net profit margin of -13.16%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 59,775,736 | 56,421,257 | 55,652,490 | 52,294,779 |
| Loss and loss adjustment expenses | 45,574,384 | 17,931,158 | 21,232,324 | 17,927,162 |
| Commission expense | 10,195,412 | 10,476,200 | 10,308,092 | 10,629,629 |
| Other underwriting expenses | 8,361,273 | 8,227,549 | 8,358,432 | 7,727,367 |
| Other operating expenses | 2,260,547 | 585,835 | 1,330,258 | 1,153,480 |
| Depreciation and amortization | 715,507 | 677,955 | 644,653 | 613,364 |
| Interest expense | 69,855 | 68,076 | 72,609 | 77,074 |
| Total expenses | 67,176,978 | 37,966,773 | 41,946,368 | 38,128,076 |
| (loss) income from operations before taxes | -7,401,242 | 18,454,484 | 13,706,122 | 14,166,703 |
| Federal income tax before utilization of net operating loss | - | 3,849,401.75* | - | - |
| Utilization of net operating loss | - | 104,839.25* | - | - |
| Current federal income tax expense | - | 3,744,562.5* | - | - |
| Current state income tax expense | - | 647.5* | - | - |
| Deferred federal and state income tax (benefit) | - | -50,387* | - | - |
| Income tax (benefit) expense | -1,592,992 | 3,694,823 | 2,833,647 | 2,914,371 |
| Net (loss) income | -5,808,250 | 14,759,661 | 10,872,475 | 11,252,332 |
| Gross (increase) decrease in net unrealized losses on available-for-sale-securities | -2,604,516 | 628,661 | 2,760,803 | 1,289,253 |
| Reclassification adjustment for net realized losses included in net (loss) income | -2,923 | -210,580 | -6,322 | -4,078 |
| Net decrease in unrealized losses | - | 1,067,977.25* | - | - |
| Net (increase) decrease in net unrealized losses | -2,601,593 | - | 2,767,125 | 1,293,331 |
| Income tax expense related to items of other comprehensive income | - | -404,977.25* | - | - |
| Income tax benefit (expense) related to items of other comprehensive (loss) income | 546,336 | - | -581,096 | -271,600 |
| Other comprehensive (loss) income, net of tax | -2,055,257 | 663,000 | 2,186,029 | 1,021,731 |
| Comprehensive (loss) income | -7,863,507 | 15,422,661 | 13,058,504 | 12,274,063 |
| Basic EPS | -0.4 | 1.089 | 0.77 | 0.81 |
| Diluted EPS | -0.4 | 1.159 | 0.74 | 0.78 |
| Basic Average Shares | 14,453,747 | 14,163,611 | 14,142,374 | 13,925,707 |
| Diluted Average Shares | 14,453,747 | 13,311,411 | 14,601,241 | 14,387,538 |
KINGSTONE COMPANIES, INC. (KINS)
KINGSTONE COMPANIES, INC. (KINS)