Filing Flows › Allstate (ALL) › Q2 2025
Allstate (ALL) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 30, 2025
Allstate (ALL) reported revenue of $16.6B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +1% from the quarter before. Operating margin was 10.9%, net earnings $2.1B (12.7% of revenue).
Allstate, Q2 2025: revenue $16.6B (+6% year over year), operating margin 10.9%, net earnings $2.1B, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $16.6B | +1% | +6% |
| Operating profit | $1.8B | +152% | +322% |
| Net earnings | $2.1B | +254% | +537% |
| Operating cash flow | $1.9B | -5% | -21% |
What changed
Revenue was $16.6B in Q2 2025, up 6% year over year and up 1% from the previous quarter.
Operating profit was $1.8B, a 10.9% margin (up 8.2 points year over year). Of the extra revenue versus a year earlier, 150% reached operating profit, above the 3% margin then. Total costs fell 3% while revenue rose 6%. Net earnings were $2.1B, up 537% year over year. The effective tax rate was 22.3%. Non-operating items added $0.89B, 33% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $1.9B (down 21% year over year), 89% of net earnings. Non-cash charges added back $0.13B of depreciation and amortization. Working capital and other items used $0.35B. Capital expenditures of −$1.0M left free cash flow of $1.9B.
Questions
What was Allstate's revenue in the second quarter 2025?
Allstate (ALL) reported revenue of $16.6B for the second quarter 2025 (Q2 2025), +6% from a year earlier and +1% from the quarter before.
Was Allstate profitable in the second quarter 2025?
Operating profit was $1.8B (10.9% of revenue) and net earnings $2.1B.
Source: Allstate 10-Q on SEC EDGAR.