Filing Flows › Assured Guaranty (AGO) › Q2 2026 › vs Q2 2025
Assured Guaranty (AGO) Q2 2026 vs Q2 2025 (year over year)
Assured Guaranty's revenue fell $86.0M (-31%) from $281M in Q2 2025 to $195M in Q2 2026. Operating margin 30.8% against 46.3% (-15.5 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.8% | 46.3% | -15.5 pts |
| Net margin | 20.0% | 36.7% | -16.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $195M | $281M | −$86.0M | -31% |
| Operating profit | $60.0M | $130M | −$70.0M | -54% |
| Costs & expenses | $135M | $151M | −$16.0M | -11% |
| Pre-tax earnings | $49.0M | $133M | −$84.0M | -63% |
| Other expense, net | $11.0M | −$3.0M | $14.0M | — |
| Net earnings | $39.0M | $103M | −$64.0M | -62% |
| Minority interests | $1.0M | $3.0M | −$2.0M | -67% |
| Income tax | $9.0M | $27.0M | −$18.0M | -67% |
| Working capital & other | $1.0M | −$25.0M | $26.0M | — |
| Operating cash flow | $40.0M | $78.0M | −$38.0M | -49% |
Questions
How much did Assured Guaranty's revenue grow year over year in Q2 2026?
Assured Guaranty's revenue fell $86.0M (-31%) from $281M in Q2 2025 to $195M in Q2 2026. Operating margin 30.8% against 46.3% (-15.5 pts).