Erie Indemnity (ERIE) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased compared to both the previous quarter and the same quarter a year earlier. The growth was supported by higher management fee revenue and administrative services reimbursement revenue.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased compared to both the previous quarter and the same quarter a year earlier. The growth was supported by higher management fee revenue and administrative services reimbursement revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$989.4M
Revenue reported for this quarter.
Quarter-over-quarter
+7.1%
Change from the immediately preceding quarter.
Year-over-year
+12.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $990.4M | +17.9% |
| Sep 30, 2024 | $999.9M | +16.4% |
| Dec 31, 2024 | $924.1M | +13.0% |
| Mar 31, 2025 | $989.4M | +12.3% |
Revenue performance
Total operating revenue rose, driven by increases in management fee revenue from policy issuance and renewal services as well as administrative services reimbursement revenue.
Quarterly comparison
Revenue was higher than the immediately preceding quarter and also exceeded the amount reported for the same quarter one year prior.
What to watch
The sequential revenue pattern shows a decline in the prior quarter followed by a recovery, which may warrant attention in future periods.