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Athene Holding (ATH-PA) operating margin by quarter

Athene Holding's operating margin was 20.8% in Q2 2026 (second quarter 2026), +3.9 pts from Q4 2025. Over the last 5 quarters it ranged from 12.2% (Q2 2025) to 26.8% (Q3 2025).

Athene Holding operating margin by quarterAthene Holding operating margin by quarter22.3%Q1 202512.2%Q2 202526.8%Q3 202516.9%Q4 202520.8%Q2 2026
QuarterOperating marginQ/QY/Y
Q2 202620.8%+3.9 pts+8.6 pts
Q4 202516.9%-9.9 pts—
Q3 202526.8%+14.6 pts—
Q2 202512.2%-10.1 pts—
Q1 202522.3%——

Q2 2026 at a glance

Athene Holding, Q2 2026: revenue $9.2B (+71% year over year), operating margin 20.8%, net earnings $989M, operating cash flow $1.8B. The chart follows the revenue to costs, profit and cash.

Questions

What is Athene Holding's operating margin?

Athene Holding's operating margin was 20.8% in Q2 2026 (second quarter 2026), +3.9 pts from Q4 2025.

How has Athene Holding's operating margin changed?

Over the last 5 quarters it ranged from 12.2% (Q2 2025) to 26.8% (Q3 2025).

Q2 2026 results → · How Athene Holding makes money →