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Kin reports higher Q2 2026 revenue and gross written premiums
Gross profit margin rose to 95% in Q2 2026, while baseline operating income increased 14% year over year to $28.6 million.
Kin, a direct-to-consumer provider of insurance and home finance solutions for homeowners, reported second-quarter 2026 results showing total revenue of $68.0 million and gross written premiums of $218.9 million, up from $58.5 million in revenue and $190.2 million in gross written premiums in Q2 2025, according to Reinsurance News.
The company said its gross profit margin expanded to 95% in Q2 2026. Baseline operating income was $28.6 million, up 14% year over year, and operating income was $11.8 million versus $14.0 million in Q2 2025, while Kin also increased investment in customer acquisition.
Kin reported that it bound more policies in June than any month in its history, with its top-10 sales-volume days in May and June. It said new written premium at managed reciprocal exchanges reached $59.8 million, renewal written premium increased to $159.0 million, and May set a company record for monthly bind volume that June surpassed again.
The insurer also highlighted growth metrics tied to scale and costs, stating that between Q2 2025 and Q2 2026, it expanded Premium in Force by $129 million while increasing general and administrative expenses by $1.7 million. Kin attributed the ability to support more volume without proportional overhead to AI integrations, adding that employee count saw virtually no impact even as the company added states and launched more products.