Filing Flows › American Financial Group (AFG) › Q2 2026 › vs Q2 2025
American Financial Group (AFG) Q2 2026 vs Q2 2025 (year over year)
American Financial Group's revenue rose $106M (+6%) from $1.9B in Q2 2025 to $2.0B in Q2 2026. Operating margin 15.6% against 11.9% (+3.7 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.6% | 11.9% | +3.7 pts |
| Net margin | 12.2% | 9.0% | +3.2 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | $106M | +6% |
| Operating profit | $316M | $229M | $87.0M | +38% |
| Costs & expenses | $1.7B | $1.7B | $19.0M | +1% |
| Pre-tax earnings | $316M | $229M | $87.0M | +38% |
| SG&A | $560M | $534M | $26.0M | +5% |
| Other operating costs | $1.2B | $1.2B | −$7.0M | -0.6% |
| Net earnings | $248M | $174M | $74.0M | +43% |
| Income tax | $68.0M | $55.0M | $13.0M | +24% |
| Depreciation & amortization | $24.0M | $22.0M | $2.0M | +9% |
| Working capital & other | $180M | $5.0M | $175M | 36× |
| Operating cash flow | $92.0M | $191M | −$99.0M | -52% |
Questions
How much did American Financial Group's revenue grow year over year in Q2 2026?
American Financial Group's revenue rose $106M (+6%) from $1.9B in Q2 2025 to $2.0B in Q2 2026. Operating margin 15.6% against 11.9% (+3.7 pts).