Q2 FY2026 · ended Jun 30, 2026 · Revenue $49.73M, +64.0% YoY · Filed Aug 6, 2026
Octave Specialty Group, Inc. (OSG) files with the SEC under industry code 6351, Surety Insurance. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $49.7 million and a net loss of $12.2 million. As of Jun 30, 2026 it held $161.6 million in cash and investments and $155.5 million in total debt.
Revenue
$49.73M
+64.0% vs year-ago quarter
Net income
$-12.16M
+83.3% vs year-ago quarter
Operating cash flow
$-10.23M
-576.1% vs year-ago quarter
Free cash flow
—
EPS
$-0.33
+78.1% vs year-ago quarter
Dividend per share
None
Shares outstanding
45.05M
+2.8% vs year-ago quarter
Net cash
$6.15M
Q2 FY2026
Operating margin
—
Company profile
- Industry
- Surety Insurance (SIC 6351)
- Listed as
- OSG (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- New York, NY
- SEC filer status
- Accelerated filer
- SEC CIK
- 874501
- Former names
- AMBAC FINANCIAL GROUP INC (until Nov 10, 2025); AMBAC INC /DE/ (until Jan 2, 1998)
Other Surety Insurance companies
- Old Republic International Corp ORI
- Essent Group Ltd. ESNT
- Mgic Investment Corp MTG
- Radian Group Inc RDN
- NMI Holdings, Inc. NMIH
- Assured Guaranty Ltd AGO
- Mbia Inc MBI
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | Q2 FY2026 Jun 30, 2026 |
Q1 FY2026 Mar 31, 2026 |
Q2 FY2025 Jun 30, 2025 |
Q1 FY2025 Mar 31, 2025 |
Q4 FY2024 Dec 31, 2024 |
|---|---|---|---|---|---|
| Revenue | $49.7M | $68.2M | $30.3M | $36.8M | — |
| Net income | -$12.2M | -$6.9M | -$73.0M | -$46.4M | -$548.3M |
| Diluted EPS | -$0.33 | -$0.13 | -$1.51 | -$1.21 | -$10.23 |
| Operating cash flow | -$10.2M | -$10.1M | $2.1M | -$12.6M | — |
| Total assets | $2.3B | $2.3B | $8.5B | $8.3B | $8.1B |
| Total liabilities | $1.3B | $1.2B | $7.3B | $7.0B | $6.9B |
| Stockholders' equity | $698.8M | $712.6M | $859.8M | $852.2M | $798.4M |
| Cash and investments | $161.6M | $322.9M | $310.4M | $314.8M | $174.9M |
| Total debt | $155.5M | $0 | $150.0M | $150.0M | $171.5M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Aug 6, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 6, 2026 | Aug 6, 2026 |
| 8-K |
Current report
Shareholder vote results
|
May 29, 2026 | May 28, 2026 |
| 10-Q | Quarterly report | May 6, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 6, 2026 | May 6, 2026 |
| ARS | Annual report to shareholders | Apr 10, 2026 | Dec 31, 2025 |
All 1000 Octave Specialty Group, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.