Erie Indemnity Company (ERIE) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	4.1B	4.1B	3.8B	3.3B	2.8B
Cost of Revenue	3.4B	3.4B	3.1B	2.7B	2.5B
Gross Profit	680.9M	640.8M	676.5M	520.3M	376.2M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	38.8M	74.1M	33.4M	32.6M	668.3M
General & Admin Expense	38.8M	74.1M	—	—	668.3M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(96.0M)	(152.8M)	(33.4M)	(32.6M)	(668.3M)
Total Operating Expenses	(57.2M)	(78.7M)	—	—	—
Cost and Expenses	3.4B	3.3B	3.1B	2.7B	2.5B
Operating Income (EBIT)	738.1M	719.5M	676.5M	520.3M	376.2M
Non-Operating
Interest Income	64.3M	80.1M	65.1M	51.7M	—
Interest Expense	—	—	—	—	2.0M
Net Interest Income	64.3M	80.1M	65.1M	51.7M	(2.0M)
Other Non-Op Income/Expense	(4.6M)	(8.9M)	80.8M	41.7M	238.0K
Non-Operating Income (excl Interest)	4.6M	8.9M	(33.4M)	(32.6M)	(6.0M)
EBT (Pre-Tax Income)	733.5M	710.6M	757.3M	561.9M	376.5M
Income Tax Expense	156.5M	151.3M	157.0M	115.9M	77.9M
Bottom Line
Net Income	577.0M	559.3M	600.3M	446.1M	298.6M
Earnings from Cont. Ops	577.0M	559.3M	600.3M	446.1M	298.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	577.0M	559.3M	600.3M	446.1M	298.6M
Per Share
Basic EPS	$12.39	$12.01	$12.89	$9.58	$6.41
Diluted EPS	$10.98	$10.62	$11.48	$8.53	$5.71
Revenue Per Share	$89.21	$87.34	$82.16	$70.77	$61.49
Shares
Basic Shares Outstanding	46.2M	46.6M	46.2M	46.2M	46.2M
Diluted Shares Outstanding	52.3M	52.7M	52.7M	52.7M	46.2M
Profitability Metrics
EBITDA	791.1M	787.4M	766.3M	600.2M	428.4M
D&A	57.5M	76.8M	56.5M	47.4M	46.2M
EBIT	733.5M	710.6M	709.8M	552.8M	382.2M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026