Filing Flows › Aflac (AFL) › Q2 2026 › vs Q2 2025
Aflac (AFL) Q2 2026 vs Q2 2025 (year over year)
Aflac's revenue fell $43.0M (-1%) from $4.2B in Q2 2025 to $4.1B in Q2 2026. Operating margin 24.2% against 19.8% (+4.4 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 24.2% | 19.8% | +4.4 pts |
| Net margin | 20.0% | 14.4% | +5.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $4.1B | $4.2B | −$43.0M | -1% |
| Operating profit | $995M | $822M | $173M | +21% |
| Costs & expenses | $3.1B | $3.3B | −$216M | -6% |
| Pre-tax earnings | $995M | $822M | $173M | +21% |
| SG&A | $749M | $804M | −$55.0M | -7% |
| Other operating costs | $2.4B | $2.5B | −$161M | -6% |
| Net earnings | $825M | $599M | $226M | +38% |
| Income tax | $170M | $223M | −$53.0M | -24% |
| Working capital & other | $713M | $200M | $513M | +256% |
| Operating cash flow | $112M | $399M | −$287M | -72% |
Questions
How much did Aflac's revenue grow year over year in Q2 2026?
Aflac's revenue fell $43.0M (-1%) from $4.2B in Q2 2025 to $4.1B in Q2 2026. Operating margin 24.2% against 19.8% (+4.4 pts).