Accelerant Holdings, a services and data platform that provides insurance through the Accelerant Risk Exchange, has disclosed preliminary unaudited full-year 2025 revenue rising 51% year-over-year to $913 million.
Revenue in Q4’25 is expected to be $248 million, up 30% from Q4’24.
Additionally, total written premiums in FY25 are expected to increase 35% year over year to $4.19 billion, while 4Q25 is expected to increase 24% from 4Q24 to $1.09 billion.
The company expects third-party direct written premiums to account for 30% of exchange-written premiums in FY25, up from 16% in FY24, and 40% in Q4’25, up from 21% in Q4’24.
Finally, preliminary FY25 adjusted EBITDA is expected to be $282 million, up 149% from FY24, while Q4’25 is expected to be $71 million, up 52% ​​from Q4’24.
Accelerant emphasized that these estimates are preliminary and unaudited and may be revised upon completion of the fourth quarter 2025 and fiscal 2025 financial close processes.
