Filing Flows › Ameriprise Financial (AMP) › Q4 2025
Ameriprise Financial (AMP) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 19, 2026
Ameriprise Financial (AMP) reported revenue of $5.0B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +3% from the quarter before. Operating margin was 27.3%, net earnings $1.0B (20.0% of revenue).
Ameriprise Financial, Q4 2025: revenue $5.0B (+9% year over year), operating margin 27.3%, net earnings $1.0B, operating cash flow $2.7B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.0B | +3% | +9% |
| Operating profit | $1.4B | +8% | -8% |
| Net earnings | $1.0B | +11% | -6% |
| Operating cash flow | $2.7B | +21% | +597% |
| Free cash flow | $2.6B | +22% | +708% |
What changed
Revenue was $5.0B in Q4 2025, up 9% year over year and up 3% from the previous quarter.
Operating profit was $1.4B, a 27.3% margin (down 4.9 points year over year). Operating profit fell $0.12B even though revenue rose $0.40B versus a year earlier, so costs grew faster than sales. Total costs grew 16% against revenue growth of 9%. The fastest-growing cost line was Other operating costs (+22%). Net earnings were $1.0B, down 6% year over year. The effective tax rate was 22.0%.
Operating cash flow was $2.7B (up 597% year over year), 265% of net earnings. Non-cash charges added back $0.22B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $1.4B. Capital expenditures of $0.04B left free cash flow of $2.6B.
Questions
What was Ameriprise Financial's revenue in the fourth quarter 2025?
Ameriprise Financial (AMP) reported revenue of $5.0B for the fourth quarter 2025 (Q4 2025), +9% from a year earlier and +3% from the quarter before.
Was Ameriprise Financial profitable in the fourth quarter 2025?
Operating profit was $1.4B (27.3% of revenue) and net earnings $1.0B.