Filing Flows › American National Group (ANG-PD) › Q2 2026 › vs Q1 2026
American National Group (ANG-PD) Q2 2026 vs Q1 2026 (quarter over quarter)
American National Group's revenue rose $106M (+7%) from $1.6B in Q1 2026 to $1.7B in Q2 2026. Operating margin 16.4% against 1.2% (+15.2 pts).
American National Group, Q2 2026: revenue $1.7B (+2% year over year), operating margin 16.4%, net earnings $204M, operating cash flow $691M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 16.4% | 1.2% | +15.2 pts |
| Net margin | 12.0% | -0.1% | +12.0 pts |
| Free cash flow margin | 39.4% | 43.0% | -3.6 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.6B | $106M | +7% |
| Operating profit | $280M | $20.0M | $260M | 14× |
| Costs & expenses | $1.4B | $1.6B | −$154M | -10% |
| Pre-tax earnings | $280M | $20.0M | $260M | 14× |
| Net earnings | $204M | −$1.0M | $205M | — |
| Minority interests | $4.0M | $4.0M | $0 | 0% |
| Income tax | $72.0M | $17.0M | $55.0M | +324% |
| Working capital & other | $487M | $661M | −$174M | -26% |
| Operating cash flow | $691M | $699M | −$8.0M | -1% |
| Free cash flow (OCF − capex) | $672M | $688M | −$16.0M | -2% |
| Capital expenditures | $19.0M | $11.0M | $8.0M | +73% |
Questions
How much did American National Group's revenue grow quarter over quarter in Q2 2026?
American National Group's revenue rose $106M (+7%) from $1.6B in Q1 2026 to $1.7B in Q2 2026. Operating margin 16.4% against 1.2% (+15.2 pts).