Filing Flows › American National Group (ANG-PD) › Q2 2025
American National Group (ANG-PD) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
American National Group (ANG-PD) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), +3% from a year earlier and -7% from the quarter before. Operating margin was 8.8%, net earnings $152M (7.0% of revenue).
American National Group, Q2 2025: revenue $2.2B (+3% year over year), operating margin 8.8%, net earnings $152M, operating cash flow $535M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2B | -7% | +3% |
| Operating profit | $192M | — | — |
| Net earnings | $152M | — | -40% |
| Operating cash flow | $535M | -20% | -52% |
| Free cash flow | $515M | -23% | -53% |
What changed
Revenue was $2.2B in Q2 2025, up 3% year over year and down 7% from the previous quarter.
Operating profit was $0.19B, a 8.8% margin (up 10.8 points year over year). Total costs fell 8% while revenue rose 3%. Net earnings were $0.15B, down 40% year over year. The effective tax rate was 19.8%.
Operating cash flow was $0.54B (down 52% year over year), 347% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization. Working capital and other items added $0.34B. Capital expenditures of $0.02B left free cash flow of $0.52B.
Questions
What was American National Group's revenue in the second quarter 2025?
American National Group (ANG-PD) reported revenue of $2.2B for the second quarter 2025 (Q2 2025), +3% from a year earlier and -7% from the quarter before.
Was American National Group profitable in the second quarter 2025?
Operating profit was $192M (8.8% of revenue) and net earnings $152M.