Filing Flows › Allstate (ALL) › Q1 2026
Allstate (ALL) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 29, 2026
Allstate (ALL) reported revenue of $16.9B for the first quarter 2026 (Q1 2026), +3% from a year earlier and -2% from the quarter before. Operating margin was 18.3%, net earnings $2.5B (14.5% of revenue).
Allstate, Q1 2026: revenue $16.9B (+3% year over year), operating margin 18.3%, net earnings $2.5B, operating cash flow $3.6B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.9B | -2% | +3% |
| Operating profit | $3.1B | -37% | +332% |
| Net earnings | $2.5B | -36% | +312% |
| Operating cash flow | $3.6B | +19% | +81% |
| Free cash flow | $3.5B | +21% | +88% |
What changed
Revenue was $16.9B in Q1 2026, up 3% year over year and down 2% from the previous quarter.
Operating profit was $3.1B, a 18.3% margin (up 14.0 points year over year). Of the extra revenue versus Q1 2025, 489% reached operating profit, above the 4% margin then. Total costs fell 12% while revenue rose 3%. Net earnings were $2.5B, up 313% year over year. The effective tax rate was 20.9%.
Operating cash flow was $3.6B (up 81% year over year), 145% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization. Working capital and other items added $1.0B. Capital expenditures of $0.04B left free cash flow of $3.5B.
Questions
What was Allstate's revenue in the first quarter 2026?
Allstate (ALL) reported revenue of $16.9B for the first quarter 2026 (Q1 2026), +3% from a year earlier and -2% from the quarter before.
Was Allstate profitable in the first quarter 2026?
Operating profit was $3.1B (18.3% of revenue) and net earnings $2.5B.
Source: Allstate 10-Q on SEC EDGAR.