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Atlantic American (AAME) Q3 2025 earnings results (third quarter 2025)

10-Q filed Nov 14, 2025

Atlantic American (AAME) reported revenue of $53.8M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -3% from the quarter before. Operating margin was 1.4%, net earnings $577K (1.1% of revenue).

Revenue$53.8M
Year over year+21%
Quarter over quarter-3%
Operating margin1.4%
Net earnings$577K

Atlantic American, Q3 2025: revenue $53.8M (+21% year over year), operating margin 1.4%, net earnings $577K, operating cash flow $6.6M. The chart follows the revenue to costs, profit and cash.

Q3 2025AmountQ/QY/Y
Revenue$53.8M-3%+21%
Operating profit$769K-82%—
Net earnings$577K-83%—
Operating cash flow$6.6M-28%74×
Free cash flow$6.6M-27%114×

What changed

Revenue was $53.8M in Q3 2025, up 21% year over year and down 3% from the previous quarter.

Operating profit was $769K, a 1.4% margin (up 6.9 points year over year). Total costs grew 13% against revenue growth of 21%. Net earnings were $577K. The effective tax rate was 25.0%.

Operating cash flow was $6.6M (up 7280% year over year), 1151% of net earnings. Non-cash charges added back $97K of depreciation and amortization. Working capital and other items added $6.0M. Capital expenditures of $31K left free cash flow of $6.6M.

Questions

What was Atlantic American's revenue in the third quarter 2025?

Atlantic American (AAME) reported revenue of $53.8M for the third quarter 2025 (Q3 2025), +21% from a year earlier and -3% from the quarter before.

Was Atlantic American profitable in the third quarter 2025?

Operating profit was $769K (1.4% of revenue) and net earnings $577K.

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Source: Atlantic American 10-Q on SEC EDGAR.