Filing Flows › American National Group (ANG-PD) › Q2 2026 › vs Q2 2025
American National Group (ANG-PD) Q2 2026 vs Q2 2025 (year over year)
American National Group's revenue rose $25.0M (+1%) from $1.7B in Q2 2025 to $1.7B in Q2 2026. Operating margin 16.4% against 8.3% (+8.1 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 16.4% | 8.3% | +8.1 pts |
| Net margin | 12.0% | 9.0% | +2.9 pts |
| Free cash flow margin | 39.4% | 30.6% | +8.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.7B | $1.7B | $25.0M | +1% |
| Operating profit | $280M | $139M | $141M | +101% |
| Costs & expenses | $1.4B | $1.5B | −$116M | -8% |
| Pre-tax earnings | $280M | $181M | $99.0M | +55% |
| Net earnings | $204M | $152M | $52.0M | +34% |
| Minority interests | $4.0M | $2.0M | $2.0M | +100% |
| Income tax | $72.0M | $27.0M | $45.0M | +167% |
| Working capital & other | $487M | $345M | $142M | +41% |
| Operating cash flow | $691M | $535M | $156M | +29% |
| Free cash flow (OCF − capex) | $672M | $515M | $157M | +30% |
| Capital expenditures | $19.0M | $20.0M | −$1.0M | -5% |
Questions
How much did American National Group's revenue grow year over year in Q2 2026?
American National Group's revenue rose $25.0M (+1%) from $1.7B in Q2 2025 to $1.7B in Q2 2026. Operating margin 16.4% against 8.3% (+8.1 pts).