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Ameriprise Financial (AMP) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Ameriprise Financial (AMP) reported revenue of $5.0B for the second quarter 2026 (Q2 2026), +12% from a year earlier and +3% from the quarter before. Operating margin was 30.2%, net earnings $1.1B (22.2% of revenue).

Revenue$5.0B
Year over year+12%
Quarter over quarter+3%
Operating margin30.2%
Net earnings$1.1B

Ameriprise Financial, Q2 2026: revenue $5.0B (+12% year over year), operating margin 30.2%, net earnings $1.1B, operating cash flow $2.9B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$5.0B+3%+12%
Operating profit$1.5B+24%+3%
Net earnings$1.1B+22%+5%
Operating cash flow$2.9B+529%+64%
Free cash flow$2.8B+563%+65%

What changed

Revenue was $5.0B in Q2 2026, up 12% year over year and up 3% from the previous quarter.

Operating profit was $1.5B, a 30.2% margin (down 2.4 points year over year). Of the extra revenue versus Q2 2025, 9% reached operating profit, below the 33% margin then. Total costs grew 16% against revenue growth of 12%. The fastest-growing cost line was Other operating costs (+20%). Net earnings were $1.1B, up 5% year over year. The effective tax rate was 22.8%.

Operating cash flow was $2.9B (up 64% year over year), 259% of net earnings. Non-cash charges added back $0.05B of share-based compensation. Working capital and other items added $1.7B. Capital expenditures of $0.04B left free cash flow of $2.8B.

Questions

What was Ameriprise Financial's revenue in the second quarter 2026?

Ameriprise Financial (AMP) reported revenue of $5.0B for the second quarter 2026 (Q2 2026), +12% from a year earlier and +3% from the quarter before.

Was Ameriprise Financial profitable in the second quarter 2026?

Operating profit was $1.5B (30.2% of revenue) and net earnings $1.1B.

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Source: Ameriprise Financial 10-Q on SEC EDGAR.