Filing Flows › Assured Guaranty (AGO) › Q2 2026 › vs Q1 2026
Assured Guaranty (AGO) Q2 2026 vs Q1 2026 (quarter over quarter)
Assured Guaranty's revenue fell $66.0M (-25%) from $261M in Q1 2026 to $195M in Q2 2026. Operating margin 30.8% against 13.0% (+17.7 pts).
Assured Guaranty, Q2 2026: revenue $195M (-31% year over year), operating margin 30.8%, net earnings $39.0M, operating cash flow $40.0M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 30.8% | 13.0% | +17.7 pts |
| Net margin | 20.0% | 33.7% | -13.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $195M | $261M | −$66.0M | -25% |
| Operating profit | $60.0M | $34.0M | $26.0M | +76% |
| Costs & expenses | $135M | $227M | −$92.0M | -41% |
| Pre-tax earnings | $49.0M | $65.0M | −$16.0M | -25% |
| Other expense, net | $11.0M | −$31.0M | $42.0M | — |
| Net earnings | $39.0M | $88.0M | −$49.0M | -56% |
| Minority interests | $1.0M | −$3.0M | $4.0M | — |
| Income tax | $9.0M | −$20.0M | $29.0M | — |
| Working capital & other | $1.0M | $102M | −$101M | -99% |
| Operating cash flow | $40.0M | $190M | −$150M | -79% |
Questions
How much did Assured Guaranty's revenue grow quarter over quarter in Q2 2026?
Assured Guaranty's revenue fell $66.0M (-25%) from $261M in Q1 2026 to $195M in Q2 2026. Operating margin 30.8% against 13.0% (+17.7 pts).