Filing Flows › Aflac (AFL) › Q2 2026 › vs Q1 2026
Aflac (AFL) Q2 2026 vs Q1 2026 (quarter over quarter)
Aflac's revenue fell $229M (-5%) from $4.3B in Q1 2026 to $4.1B in Q2 2026. Operating margin 24.2% against 28.2% (-4.0 pts).
Aflac, Q2 2026: revenue $4.1B (-1% year over year), operating margin 24.2%, net earnings $825M, operating cash flow $112M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 24.2% | 28.2% | -4.0 pts |
| Net margin | 20.0% | 23.4% | -3.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $4.1B | $4.3B | −$229M | -5% |
| Operating profit | $995M | $1.2B | −$230M | -19% |
| Costs & expenses | $3.1B | $3.1B | $1.0M | 0% |
| Pre-tax earnings | $995M | $1.2B | −$230M | -19% |
| SG&A | $749M | $771M | −$22.0M | -3% |
| Other operating costs | $2.4B | $2.4B | $23.0M | +1% |
| Net earnings | $825M | $1.0B | −$194M | -19% |
| Income tax | $170M | $206M | −$36.0M | -17% |
| Working capital & other | $713M | $51.0M | $662M | 14× |
| Operating cash flow | $112M | $968M | −$856M | -88% |
Questions
How much did Aflac's revenue grow quarter over quarter in Q2 2026?
Aflac's revenue fell $229M (-5%) from $4.3B in Q1 2026 to $4.1B in Q2 2026. Operating margin 24.2% against 28.2% (-4.0 pts).