Tiptree reported Q4 2025 net income attributable to common stockholders of USD 5.9 million, with a net loss from continuing operations of USD 9.3 million and net income from discontinued operations of USD 15.2 million. Total revenues were USD 0.0 million in Q4, while total expenses were USD 8.6 million; income (loss) before taxes was a loss of USD 8.7 million. Diluted EPS was USD 0.04 in Q4, and cash dividends paid were USD 0.06 per share. For FY 2025, net income attributable to common stockholders was USD 34.9 million, including a net loss from continuing operations of USD 38.9 million and net income from discontinued operations of USD 73.8 million. FY total revenues were USD 0.5 million and total expenses were USD 47.2 million; income (loss) before taxes was a loss of USD 44.6 million. FY diluted EPS was USD 0.76 and cash dividends paid were USD 0.24 per share. Book value per share was USD 13.45 as of December 31, 2025. On corporate updates, Tiptree said it agreed in late 2025 to sell Fortegra for USD 1.65 billion, with USD 1.12 billion of estimated gross proceeds to Tiptree pending regulatory approvals and an anticipated mid-2026 closing, and agreed to sell its mortgage business, Reliance First Capital, for 93.5% of tangible book value at closing, with USD 50.0 million of estimated gross proceeds as of December 31, 2025 and an anticipated first-half 2026 closing. The company estimated pro-forma book value of approximately USD 923.0 million, or USD 24.40 per share, after estimated taxes and transaction expenses for both transactions, and declared a USD 0.06 per share dividend payable March 23, 2026.

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