For Q1 FY2026 (ended March 31, 2026), Burford Capital reported a revenue of -$1,720,374,000, a decrease of 1,547% year-over-year. Net income was -$1,632,069,000, down 5,377% from the prior year. Operating income was -$1,570,278,000, a decline of 2,119%. Diluted EPS was -$7.46, compared to a positive EPS in the prior year.
•Revenue fell to -$1.72 billion, a 1,547% YoY decline.
•Net loss of $1.63 billion, worsening from a profit in Q1 2025.
•Operating loss of $1.57 billion, down 2,119% YoY.
•Diluted EPS of -$7.46, a significant drop from the prior year.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Burford Capital provides legal finance products and services globally. The company operates in two segments, Principal Finance, and Asset Management and Services. The Principal Finance segment provides capital against the underlying value of high-value single or multiple litigation and arbitration matters at any stage of the process from before filing to after a final judgment has been entered
To a law firm that has agreed to take a case on a contingent fee or alternative fee basis, as well as directly to the client. This segment also offers legal risk management and adverse legal cost insurance services.
The Asset Management and Services segment manages legal finance assets on behalf of third-party investors, as well as provides other services to the legal industry. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.
Burford Capital Limited is a financial services company that provides legal finance products and services globally. It operates through two main segments: Principal Finance, and Asset Management and Services. The Principal Finance segment offers capital against the underlying value of high-value litigation and arbitration matters at any stage, from pre-filing to post-judgment. It also provides capital to law firms on a contingent or alternative fee basis, directly to clients, and offers legal risk management and adverse legal cost insurance. The Asset Management and Services segment manages legal finance assets for third-party investors and provides other services to the legal industry. Essentially, Burford funds lawsuits and legal claims in exchange for a share of the proceeds.
Where is Burford Capital listed and in what currency?
Burford Capital Limited is listed on the New York Stock Exchange (NYSE) under the ticker symbol BUR. Its financials are reported in US Dollars (USD). The company is headquartered in Saint Peter Port, Guernsey, and its shares trade on the NYSE, making it accessible to US and international investors. The use of USD as its reporting currency aligns with its US listing and the global nature of its legal finance business, which often involves US-dollar-denominated claims and investments.
What sector and industry does Burford Capital operate in?
Burford Capital operates in the Financial Services sector, specifically within the Asset Management industry. This classification reflects its core business of providing capital and managing assets related to legal finance. Unlike traditional asset managers that invest in stocks or bonds, Burford focuses on litigation and arbitration finance, a niche area within financial services. Its industry is 'Asset Management' because it manages legal finance assets on behalf of third-party investors through its Asset Management and Services segment, in addition to deploying its own capital in the Principal Finance segment.
Where is Burford Capital headquartered and what markets does it serve?
Burford Capital is headquartered in Saint Peter Port, Guernsey, a jurisdiction known for its financial services industry. The company serves global markets, providing legal finance products and services worldwide. Its operations are not limited to a single region; it funds litigation and arbitration matters across various countries, with a focus on high-value cases. Guernsey serves as its base for corporate and regulatory purposes, but its business spans multiple jurisdictions, reflecting the international nature of legal disputes and the demand for litigation funding in common law and civil law systems alike.
How does Burford Capital make money?
Burford Capital generates revenue primarily through its two segments. In the Principal Finance segment, it provides capital to law firms and clients involved in litigation or arbitration, and in return, it receives a share of the proceeds from successful outcomes, such as settlements or judgments. This can include returns on invested capital plus a percentage of the recovery. Additionally, it offers legal risk management and adverse legal cost insurance, which generate fees. In the Asset Management and Services segment, Burford manages legal finance assets for third-party investors, earning management fees and performance fees based on the returns of those assets. It also provides other services to the legal industry, such as consulting or portfolio management, for fees. Thus, its income is derived from both its own capital deployment and fee-based services.