Filing Flows › Aflac (AFL) › Q3 2026 › vs Q3 2025
Aflac (AFL) Q3 2026 vs Q3 2025 (year over year)
Aflac's revenue fell $1.5B (-31%) from $4.7B in Q3 2025 to $3.3B in Q3 2026. Operating margin 15.3% against 42.1% (-26.8 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 Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 15.3% | 42.1% | -26.8 pts |
| Net margin | 9.3% | 34.6% | -25.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $3.3B | $4.7B | −$1.5B | -31% |
| Operating profit | $500M | $2.0B | −$1.5B | -75% |
| Costs & expenses | $2.8B | $2.7B | $25.0M | +0.9% |
| Pre-tax earnings | $500M | $2.0B | −$1.5B | -75% |
| SG&A | $805M | $781M | $24.0M | +3% |
| Other operating costs | $2.0B | $2.0B | $1.0M | +0.1% |
| Net earnings | $303M | $1.6B | −$1.3B | -82% |
| Income tax | $197M | $355M | −$158M | -45% |
| Working capital & other | $894M | −$387M | $1.3B | — |
| Operating cash flow | $1.2B | $1.3B | −$55.0M | -4% |
Questions
How much did Aflac's revenue grow year over year in Q3 2026?
Aflac's revenue fell $1.5B (-31%) from $4.7B in Q3 2025 to $3.3B in Q3 2026. Operating margin 15.3% against 42.1% (-26.8 pts).