v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Total Burford Capital Limited equity
Ordinary shares
Treasury shares
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income/(loss)
Non-controlling interests
Ordinary shares, beginning balance (in shares) at Dec. 31, 2024     220,091,851          
Treasury shares, beginning balance (in shares) at Dec. 31, 2024       (669,947)        
Balance at the beginning at Dec. 31, 2024 $ 3,256,835 $ 2,419,432 $ 610,037 $ (9,569) $ 42,409 $ 1,766,435 $ 10,120 $ 837,403
Changes in equity                
Net income/(loss) 142,063 119,225       119,225   22,838
Foreign currency translation adjustment (12,263) (12,263)         (12,263)  
Issuance of new ordinary shares to satisfy vested share-based awards (in shares)     340,685          
Issuance of new ordinary shares to satisfy vested share-based awards 0   $ 3,193   (3,193)      
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan (in shares)     139,834          
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan 679 679 $ 1,518   (839)      
Acquisition of ordinary shares held in treasury (shares)       (1,100,000)        
Acquisition of ordinary shares held in treasury (15,310) (15,310)   $ (15,310)        
Transfer of share-based awards and NQDC Plan matching awards on vesting (2,841) (2,841)     (2,192) (649)    
Share-based and deferred compensation 7,781 7,781     7,781      
Dividends paid (13,667) (13,667)       (13,667)    
Third-party net capital contribution/(distribution) (134,869)             (134,869)
Ordinary shares, ending balance (in shares) at Jun. 30, 2025     220,572,370          
Treasury shares, ending balance (in shares) at Jun. 30, 2025       (1,769,947)        
Balance at the end at Jun. 30, 2025 3,228,408 2,503,036 $ 614,748 $ (24,879) 43,966 1,871,344 (2,143) 725,372
Ordinary shares, beginning balance (in shares) at Mar. 31, 2025     220,091,851          
Treasury shares, beginning balance (in shares) at Mar. 31, 2025       (1,769,947)        
Balance at the beginning at Mar. 31, 2025 3,160,581 2,434,375 $ 610,037 $ (24,879) 45,762 1,797,364 6,091 726,206
Changes in equity                
Net income/(loss) 105,153 88,296       88,296   16,857
Foreign currency translation adjustment (8,234) (8,234)         (8,234)  
Issuance of new ordinary shares to satisfy vested share-based awards (in shares)     340,685          
Issuance of new ordinary shares to satisfy vested share-based awards 0   $ 3,193   (3,193)      
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan (in shares)     139,834          
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan 679 679 $ 1,518   (839)      
Acquisition of ordinary shares held in treasury 0              
Transfer of share-based awards and NQDC Plan matching awards on vesting (2,841) (2,841)     (2,192) (649)    
Share-based and deferred compensation 4,428 4,428     4,428      
Dividends paid (13,667) (13,667)       (13,667)    
Third-party net capital contribution/(distribution) (17,691)             (17,691)
Ordinary shares, ending balance (in shares) at Jun. 30, 2025     220,572,370          
Treasury shares, ending balance (in shares) at Jun. 30, 2025       (1,769,947)        
Balance at the end at Jun. 30, 2025 $ 3,228,408 2,503,036 $ 614,748 $ (24,879) 43,966 1,871,344 (2,143) 725,372
Ordinary shares, beginning balance (in shares) at Dec. 31, 2025 220,667,387   220,667,387          
Treasury shares, beginning balance (in shares) at Dec. 31, 2025 (1,769,947)     (1,769,947)        
Balance at the beginning at Dec. 31, 2025 $ 3,127,730 2,448,022 $ 615,453 $ (24,879) 56,787 1,800,860 (199) 679,708
Changes in equity                
Net income/(loss) (1,623,667) (1,629,865)       (1,629,865)   6,198
Foreign currency translation adjustment 12,262 12,262         12,262  
Issuance of new ordinary shares to satisfy vested share-based awards (in shares)     903,140          
Issuance of new ordinary shares to satisfy vested share-based awards 0 0 $ 7,996   (7,996)      
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan (in shares)     163,711          
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan 695 695 $ 855   (160)      
Issuance of new ordinary shares under the NED Plan (in shares)     95,212          
Issuance of new ordinary shares under the NED Plan 396 396 $ 396          
Acquisition of ordinary shares held in treasury (shares)       (475,000)        
Acquisition of ordinary shares held in treasury (3,653) (3,653)   $ (3,653)        
Transfer of share-based awards and NQDC Plan matching awards on vesting (3,049) (3,049)     (3,049)      
Share-based and deferred compensation 7,998 7,998     7,998      
Dividends paid (13,747) (13,747)       (13,747)    
Third-party net capital contribution/(distribution) $ (36,640)             (36,640)
Ordinary shares, ending balance (in shares) at Jun. 30, 2026 221,829,450   221,829,450          
Treasury shares, ending balance (in shares) at Jun. 30, 2026 (2,244,947)     (2,244,947)        
Balance at the end at Jun. 30, 2026 $ 1,468,325 819,059 $ 624,700 $ (28,532) 53,580 157,248 12,063 649,266
Ordinary shares, beginning balance (in shares) at Mar. 31, 2026     221,314,262          
Treasury shares, beginning balance (in shares) at Mar. 31, 2026       (2,244,947)        
Balance at the beginning at Mar. 31, 2026 1,513,640 827,926 $ 621,251 $ (28,532) 54,516 168,791 11,900 685,714
Changes in equity                
Net income/(loss) 9,480 2,204       2,204   7,276
Foreign currency translation adjustment 163 163         163  
Issuance of new ordinary shares to satisfy vested share-based awards (in shares)     256,265          
Issuance of new ordinary shares to satisfy vested share-based awards 0 0 $ 2,198   (2,198)      
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan (in shares)     163,711          
Issuance of new ordinary shares to satisfy distributions under the NQDC Plan 695 695 $ 855   (160)      
Issuance of new ordinary shares under the NED Plan (in shares)     95,212          
Issuance of new ordinary shares under the NED Plan 396 396 $ 396          
Acquisition of ordinary shares held in treasury 0              
Transfer of share-based awards and NQDC Plan matching awards on vesting (132) (132)     (132)      
Share-based and deferred compensation 1,554 1,554     1,554      
Dividends paid (13,747) (13,747)       (13,747)    
Third-party net capital contribution/(distribution) $ (43,724)             (43,724)
Ordinary shares, ending balance (in shares) at Jun. 30, 2026 221,829,450   221,829,450          
Treasury shares, ending balance (in shares) at Jun. 30, 2026 (2,244,947)     (2,244,947)        
Balance at the end at Jun. 30, 2026 $ 1,468,325 $ 819,059 $ 624,700 $ (28,532) $ 53,580 $ 157,248 $ 12,063 $ 649,266