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Filing Flows › Aflac (AFL) › Q3 2026 › vs Q2 2026

Aflac (AFL) Q3 2026 vs Q2 2026 (quarter over quarter)

Aflac's revenue fell $846M (-21%) from $4.1B in Q2 2026 to $3.3B in Q3 2026. Operating margin 15.3% against 24.2% (-8.9 pts).

Aflac, Q3 2026: revenue $3.3B (-31% year over year), operating margin 15.3%, net earnings $303M, operating cash flow $1.2B. The chart draws each line against Q2 2026, the increases inside each band.

Aflac: what changed, Q3 2026 vs Q2 2026Aflac: what changed, Q3 2026 vs Q2 2026Working capital & other$1.6BOperating cash flow$1.1BNet earnings−$522MOperating profit−$495MPre-tax earnings−$495MOther operating costs−$407MCosts & expenses−$351MSG&A$56.0MIncome tax$27.0M

Margins

Q3 2026Q2 2026Change
Operating margin15.3%24.2%-8.9 pts
Net margin9.3%20.0%-10.8 pts

Every line

LineQ3 2026Q2 2026Change%
Revenue$3.3B$4.1B−$846M-21%
Operating profit$500M$995M−$495M-50%
Costs & expenses$2.8B$3.1B−$351M-11%
Pre-tax earnings$500M$995M−$495M-50%
SG&A$805M$749M$56.0M+7%
Other operating costs$2.0B$2.4B−$407M-17%
Net earnings$303M$825M−$522M-63%
Income tax$197M$170M$27.0M+16%
Working capital & other$894M−$713M$1.6B—
Operating cash flow$1.2B$112M$1.1B+969%

Questions

How much did Aflac's revenue grow quarter over quarter in Q3 2026?

Aflac's revenue fell $846M (-21%) from $4.1B in Q2 2026 to $3.3B in Q3 2026. Operating margin 15.3% against 24.2% (-8.9 pts).

Q3 2026 results → · Compare in the interactive Sankey →