Filing Flows › American Financial Group (AFG) › Q3 2026
American Financial Group (AFG) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
American Financial Group (AFG) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +11% from a year earlier and +27% from the quarter before. Operating margin was 13.9%, net earnings $282M (10.9% of revenue).
American Financial Group, Q3 2026: revenue $2.6B (+11% year over year), operating margin 13.9%, net earnings $282M, operating cash flow $405M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.6B | +27% | +11% |
| Operating profit | $359M | +14% | +34% |
| Net earnings | $282M | +14% | +31% |
| Operating cash flow | $405M | +340% | +88% |
What changed
Revenue was $2.6B in Q3 2026, up 11% year over year and up 27% from the previous quarter.
Operating profit was $0.36B, a 13.9% margin (up 2.4 points year over year). Of the extra revenue versus Q3 2025, 36% reached operating profit, above the 11% margin then. Total costs grew 8% against revenue growth of 11%. Net earnings were $0.28B, up 31% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.41B (up 88% year over year), 144% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.10B.
Questions
What was American Financial Group's revenue in the third quarter 2026?
American Financial Group (AFG) reported revenue of $2.6B for the third quarter 2026 (Q3 2026), +11% from a year earlier and +27% from the quarter before.
Was American Financial Group profitable in the third quarter 2026?
Operating profit was $359M (13.9% of revenue) and net earnings $282M.