Filing Flows › Ameriprise Financial (AMP) › Q1 2025
Ameriprise Financial (AMP) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Ameriprise Financial (AMP) reported revenue of $4.5B for the first quarter 2025 (Q1 2025), +4% from a year earlier and -4% from the quarter before. Operating margin was 18.2%, net earnings $583M (13.0% of revenue).
Ameriprise Financial, Q1 2025: revenue $4.5B (+4% year over year), operating margin 18.2%, net earnings $583M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.5B | -4% | +4% |
| Operating profit | $814M | -46% | -42% |
| Net earnings | $583M | -46% | -41% |
| Operating cash flow | $1.7B | +340% | +17% |
| Free cash flow | $1.6B | +408% | +19% |
What changed
Revenue was $4.5B in Q1 2025, up 4% year over year and down 4% from the previous quarter.
Operating profit was $0.81B, a 18.2% margin (down 14.2 points year over year). Operating profit fell $0.58B even though revenue rose $0.16B versus a year earlier, so costs grew faster than sales. Total costs grew 25% against revenue growth of 4%. The fastest-growing cost line was Other operating costs (+40%). Net earnings were $0.58B, down 41% year over year. The effective tax rate was 15.1%.
Operating cash flow was $1.7B (up 17% year over year), 289% of net earnings. Non-cash charges added back $0.05B of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.04B left free cash flow of $1.6B.
Questions
What was Ameriprise Financial's revenue in the first quarter 2025?
Ameriprise Financial (AMP) reported revenue of $4.5B for the first quarter 2025 (Q1 2025), +4% from a year earlier and -4% from the quarter before.
Was Ameriprise Financial profitable in the first quarter 2025?
Operating profit was $814M (18.2% of revenue) and net earnings $583M.