Filing Flows › Athene Holding (ATH-PA) › Q2 2025
Athene Holding (ATH-PA) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Athene Holding (ATH-PA) reported revenue of $5.4B for the second quarter 2025 (Q2 2025), +15% from a year earlier and +28% from the quarter before. Operating margin was 12.2%, net earnings $464M (8.7% of revenue).
Athene Holding, Q2 2025: revenue $5.4B (+15% year over year), operating margin 12.2%, net earnings $464M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | +28% | +15% |
| Operating profit | $652M | -30% | -37% |
| Net earnings | $464M | -0.2% | -26% |
| Operating cash flow | $1.1B | +148% | +101% |
What changed
Revenue was $5.4B in Q2 2025, up 15% year over year and up 28% from the previous quarter.
Operating profit was $0.65B, a 12.2% margin (down 9.9 points year over year). Operating profit fell $0.38B even though revenue rose $0.69B versus a year earlier, so costs grew faster than sales. Total costs grew 29% against revenue growth of 15%. Net earnings were $0.46B, down 26% year over year. The effective tax rate was -5.2%.
Operating cash flow was $1.1B (up 101% year over year), 154% of net income including minority interests. Working capital and other items added $0.37B.
Questions
What was Athene Holding's revenue in the second quarter 2025?
Athene Holding (ATH-PA) reported revenue of $5.4B for the second quarter 2025 (Q2 2025), +15% from a year earlier and +28% from the quarter before.
Was Athene Holding profitable in the second quarter 2025?
Operating profit was $652M (12.2% of revenue) and net earnings $464M.
Source: Athene Holding 10-Q on SEC EDGAR.