Filing Flows › Athene Holding (ATH-PA) › Q1 2025
Athene Holding (ATH-PA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Athene Holding (ATH-PA) reported revenue of $4.2B for the first quarter 2025 (Q1 2025), -27% from a year earlier and +11% from the quarter before. Operating margin was 22.3%, net earnings $465M (11.1% of revenue).
Athene Holding, Q1 2025: revenue $4.2B (-27% year over year), operating margin 22.3%, net earnings $465M, operating cash flow $426M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.2B | +11% | -27% |
| Operating profit | $934M | -19% | -48% |
| Net earnings | $465M | -54% | -61% |
| Operating cash flow | $426M | +10% | +130% |
What changed
Revenue was $4.2B in Q1 2025, down 27% year over year and up 11% from the previous quarter.
Operating profit was $0.93B, a 22.3% margin (down 8.8 points year over year). Total costs fell 17% while revenue fell 27%. Net earnings were $0.47B, down 61% year over year. The effective tax rate was 18.7%.
Operating cash flow was $0.43B (up 130% year over year), 56% of net income including minority interests. Working capital and other items used $0.33B.
Questions
What was Athene Holding's revenue in the first quarter 2025?
Athene Holding (ATH-PA) reported revenue of $4.2B for the first quarter 2025 (Q1 2025), -27% from a year earlier and +11% from the quarter before.
Was Athene Holding profitable in the first quarter 2025?
Operating profit was $934M (22.3% of revenue) and net earnings $465M.
Source: Athene Holding 10-Q on SEC EDGAR.