Filing Flows › Athene Holding (ATH-PA) › Q3 2025
Athene Holding (ATH-PA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Athene Holding (ATH-PA) reported revenue of $8.0B for the third quarter 2025 (Q3 2025), +23% from a year earlier and +49% from the quarter before. Operating margin was 26.8%, net earnings $1.3B (15.7% of revenue).
Athene Holding, Q3 2025: revenue $8.0B (+23% year over year), operating margin 26.8%, net earnings $1.3B, operating cash flow $636M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.0B | +49% | +23% |
| Operating profit | $2.1B | +229% | +28% |
| Net earnings | $1.3B | +171% | +101% |
| Operating cash flow | $636M | -40% | -18% |
What changed
Revenue was $8.0B in Q3 2025, up 23% year over year and up 49% from the previous quarter.
Operating profit was $2.1B, a 26.8% margin (up 1.1 points year over year). Of the extra revenue versus a year earlier, 32% reached operating profit, above the 26% margin then. Total costs grew 21% against revenue growth of 23%. Net earnings were $1.3B, up 101% year over year. The effective tax rate was 12.4%.
Operating cash flow was $0.64B (down 18% year over year), 34% of net income including minority interests. Working capital and other items used $1.2B.
Questions
What was Athene Holding's revenue in the third quarter 2025?
Athene Holding (ATH-PA) reported revenue of $8.0B for the third quarter 2025 (Q3 2025), +23% from a year earlier and +49% from the quarter before.
Was Athene Holding profitable in the third quarter 2025?
Operating profit was $2.1B (26.8% of revenue) and net earnings $1.3B.
Source: Athene Holding 10-Q on SEC EDGAR.