Filing Flows › American National Group (ANG-PD) › Q1 2025
American National Group (ANG-PD) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
American National Group (ANG-PD) reported revenue of $2.3B for the first quarter 2025 (Q1 2025), +40% from a year earlier and -37% from the quarter before. Operating margin was -11.0%, net loss $203M (8.7% of revenue).
American National Group, Q1 2025: revenue $2.3B (+40% year over year), operating margin -11.0%, net loss $203M, operating cash flow $671M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.3B | -37% | +40% |
| Operating profit | −$258M | -132% | — |
| Net earnings | −$203M | -131% | — |
| Operating cash flow | $671M | +61% | +156% |
| Free cash flow | $666M | +51% | +171% |
What changed
Revenue was $2.3B in Q1 2025, up 40% year over year and down 37% from the previous quarter.
Operating costs exceeded revenue by $0.26B, an operating margin of -11.0%. Total costs grew 70% against revenue growth of 40%. The quarter ended with a net loss of $0.20B, after a profit of $0.65B the previous quarter.
Operating cash flow was $0.67B (up 156% year over year). Non-cash charges added back $0.05B of depreciation and amortization. Working capital and other items added $0.82B. Capital expenditures of $0.01B left free cash flow of $0.67B.
Questions
What was American National Group's revenue in the first quarter 2025?
American National Group (ANG-PD) reported revenue of $2.3B for the first quarter 2025 (Q1 2025), +40% from a year earlier and -37% from the quarter before.
Was American National Group profitable in the first quarter 2025?
Operating loss was $258M (-11.0% of revenue) and net loss $203M.