Filing Flows › American Financial Group (AFG) › Q2 2026 › vs Q1 2026
American Financial Group (AFG) Q2 2026 vs Q1 2026 (quarter over quarter)
American Financial Group's revenue rose $176M (+9%) from $1.9B in Q1 2026 to $2.0B in Q2 2026. Operating margin 15.6% against 12.9% (+2.7 pts).
American Financial Group, Q2 2026: revenue $2.0B (+6% year over year), operating margin 15.6%, net earnings $248M, operating cash flow $92.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.6% | 12.9% | +2.7 pts |
| Net margin | 12.2% | 10.3% | +1.9 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $176M | +9% |
| Operating profit | $316M | $239M | $77.0M | +32% |
| Costs & expenses | $1.7B | $1.6B | $99.0M | +6% |
| Pre-tax earnings | $316M | $239M | $77.0M | +32% |
| SG&A | $560M | $556M | $4.0M | +0.7% |
| Other operating costs | $1.2B | $1.1B | $95.0M | +9% |
| Net earnings | $248M | $191M | $57.0M | +30% |
| Income tax | $68.0M | $48.0M | $20.0M | +42% |
| Depreciation & amortization | $24.0M | $25.0M | −$1.0M | -4% |
| Working capital & other | $180M | −$258M | $438M | — |
| Operating cash flow | $92.0M | $474M | −$382M | -81% |
Questions
How much did American Financial Group's revenue grow quarter over quarter in Q2 2026?
American Financial Group's revenue rose $176M (+9%) from $1.9B in Q1 2026 to $2.0B in Q2 2026. Operating margin 15.6% against 12.9% (+2.7 pts).