Filing Flows › American National Group (ANG-PD) › Q1 2026
American National Group (ANG-PD) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
American National Group (ANG-PD) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), -15% from a year earlier and +77% from the quarter before. Operating margin was 1.2%, net earnings $3.0M (0.2% of revenue).
American National Group, Q1 2026: revenue $1.6B (-15% year over year), operating margin 1.2%, net earnings $3.0M, operating cash flow $699M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.6B | +77% | -15% |
| Operating profit | $20.0M | -84% | — |
| Net earnings | $3.0M | -99% | — |
| Operating cash flow | $699M | -39% | +4% |
| Free cash flow | $688M | -39% | +3% |
What changed
Revenue was $1.6B in Q1 2026, down 15% year over year and up 77% from the previous quarter.
Operating profit was $0.02B, a 1.2% margin (up 16.7 points year over year). Total costs fell 28% while revenue fell 15%. Net earnings were −$1.0M. The effective tax rate was 85.0%.
Operating cash flow was $0.70B (up 4% year over year), 23300% of net income including minority interests. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items added $0.66B. Capital expenditures of $0.01B left free cash flow of $0.69B.
Questions
What was American National Group's revenue in the first quarter 2026?
American National Group (ANG-PD) reported revenue of $1.6B for the first quarter 2026 (Q1 2026), -15% from a year earlier and +77% from the quarter before.
Was American National Group profitable in the first quarter 2026?
Operating profit was $20.0M (1.2% of revenue) and net earnings $3.0M.