Third Quarter 2026 Financial Results

Burford has reported its strongest quarter of 2026, with third-quarter revenues nearly doubling to $135 million, cash receipts of $89 million and a $100 million reduction in debt, although a $94 million non-cash fair value loss from higher discount rates weighed on results. The litigation funder, which manages a $5.7 billion group-wide portfolio, also disclosed a $64 million recovery in October from a decade-old investment that generated a 12x return, while its year-to-date net loss of $1.6 billion remained driven by the earlier write-down of its YPF-related assets. Read more.

Following the announcement, shares in Burford jumped 9.9% to close at 309.40 pence on Wednesday in London. More from Morningstar.