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American International Group (AIG) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 12, 2026

American International Group (AIG) reported revenue of $6.5B for the fourth quarter 2025 (Q4 2025), -9% from a year earlier and +3% from the quarter before. Operating margin was 10.1%, net earnings $731M (11.2% of revenue).

Revenue$6.5B
Year over year-9%
Quarter over quarter+3%
Operating margin10.1%
Net earnings$731M

American International Group, Q4 2025: revenue $6.5B (-9% year over year), operating margin 10.1%, net earnings $731M, operating cash flow $636M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$6.5B+3%-9%
Operating profit$661M-7%-57%
Net earnings$731M+40%-19%
Operating cash flow$636M-53%+409%

What changed

Revenue was $6.5B in Q4 2025, down 9% year over year and up 3% from the previous quarter.

Operating profit was $0.66B, a 10.1% margin (down 11.4 points year over year). Total costs grew 5% against a revenue fall of 9%. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.73B, down 18% year over year. The effective tax rate was -10.6%.

Operating cash flow was $0.64B (up 409% year over year), 87% of net earnings. Non-cash charges added back $0.88B of depreciation and amortization. Working capital and other items used $1.0B.

Questions

What was American International Group's revenue in the fourth quarter 2025?

American International Group (AIG) reported revenue of $6.5B for the fourth quarter 2025 (Q4 2025), -9% from a year earlier and +3% from the quarter before.

Was American International Group profitable in the fourth quarter 2025?

Operating profit was $661M (10.1% of revenue) and net earnings $731M.

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Source: American International Group 10-K on SEC EDGAR.