Filing Flows › Ameriprise Financial (AMP) › Q1 2026
Ameriprise Financial (AMP) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Ameriprise Financial (AMP) reported revenue of $4.9B for the first quarter 2026 (Q1 2026), +9% from a year earlier and -3% from the quarter before. Operating margin was 24.9%, net earnings $915M (18.7% of revenue).
Ameriprise Financial, Q1 2026: revenue $4.9B (+9% year over year), operating margin 24.9%, net earnings $915M, operating cash flow $459M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.9B | -3% | +9% |
| Operating profit | $1.2B | -12% | +50% |
| Net earnings | $915M | -9% | +57% |
| Operating cash flow | $459M | -83% | -73% |
| Free cash flow | $430M | -84% | -74% |
What changed
Revenue was $4.9B in Q1 2026, up 9% year over year and down 3% from the previous quarter.
Operating profit was $1.2B, a 24.9% margin (up 6.8 points year over year). Of the extra revenue versus Q1 2025, 100% reached operating profit, above the 18% margin then. Total costs grew 0% against revenue growth of 9%. Net earnings were $0.92B, up 57% year over year. The effective tax rate was 20.0%.
Operating cash flow was $0.46B (down 73% year over year), 50% of net earnings. Non-cash charges added back $0.04B of share-based compensation. Working capital and other items used $0.49B. Capital expenditures of $0.03B left free cash flow of $0.43B.
Questions
What was Ameriprise Financial's revenue in the first quarter 2026?
Ameriprise Financial (AMP) reported revenue of $4.9B for the first quarter 2026 (Q1 2026), +9% from a year earlier and -3% from the quarter before.
Was Ameriprise Financial profitable in the first quarter 2026?
Operating profit was $1.2B (24.9% of revenue) and net earnings $915M.