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Chubb (CB) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Oct 28, 2026 · Chubb (CB) Q3 2026 earnings results →

Q3 2026 Revenue up 0% year over year to $16.2B · 18¢ of every $1 of revenue kept as net profit · operating margin 21.0%

Chubb made $16.2B in Q3 2026 (+0.3% Y/Y). Operating margin 21.0%, net earnings $2.8B. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Oct 28, 2026.

Revenue$16.2B
Year over year+0.3%
Operating margin21.0%
Net earnings$2.8B
Operating cash flow$6.1B

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Chubb Q3 2026 revenue breakdown: Sankey diagram of revenue, costs, profit and cash flow
Chubb Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on X
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What changed this quarter

Revenue was $16.2B in Q3 2026, roughly flat year over year and up 2% from the previous quarter.

Operating profit was $3.4B, a 21.0% margin (down 3.1 points year over year). Operating profit fell $0.49B even though revenue rose $0.05B versus Q3 2025, so costs grew faster than sales. Total costs grew 4% against flat revenue. Net earnings were $2.8B, up 2% year over year ($2.7B including minority interests, which bore $0.11B of losses). The effective tax rate was 19.6%.

Operating cash flow was $6.1B (up 67% year over year), 222% of net income including minority interests. Working capital and other items added $3.3B.

Quarterly history

Chubb revenue by quarterChubb revenue by quarter$13.4BQ1 2025$14.8BQ2 2025$16.1BQ3 2025$15.1BQ4 2025$14.8BQ1 2026$15.8BQ2 2026$16.2BQ3 2026
Chubb net earnings by quarterChubb net earnings by quarter$1.3BQ1 2025$3.0BQ2 2025$2.8BQ3 2025$3.2BQ4 2025$2.3BQ1 2026$2.9BQ2 2026$2.8BQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QOct 28, 2026$16.2B+0.3%21.0%$2.8B$6.1B
Q2 202610-QJul 28, 2026$15.8B+7%22.9%$2.9B$3.7B
Q1 202610-QApr 28, 2026$14.8B+11%20.3%$2.3B$3.9B
Q4 202510-KFeb 27, 2026$15.1B+6%25.0%$3.2B$4.1B
Q3 202510-QOct 27, 2025$16.1B+9%24.1%$2.8B$3.6B
Q2 202510-QJul 28, 2025$14.8B+7%25.0%$3.0B$3.6B
Q1 202510-QApr 28, 2025$13.4B+4%12.5%$1.3B$1.6B

Charts

Chubb: revenue growth, year over year and quarter over quarterChubb: revenue growth, year over year and quarter over quarterY/YQ/Q+4%Q1 2025+7%+11%Q2 2025+9%+9%Q3 2025+6%-7%Q4 2025+11%-2%Q1 2026+7%+7%Q2 2026+0%+2%Q3 2026
Latest (Q3 2026): Y/Y +0%, Q/Q +2%.
Chubb: where the cash came from (+) and went (−), TTM to Q3 2026Chubb: where the cash came from (+) and went (−), TTM to Q3 2026Operating cash flow$17.8BOther investing−$12.2BBuybacks−$4.4BDividends−$1.5BNet borrowing (+) / repaid (−)$1.2BOther financing−$610MCash drawn (+) / kept (−)−$556MShares issued$369MExchange rates$26.0MAcquisitions−$25.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Chubb: profit against cash, quarter by quarterChubb: profit against cash, quarter by quarterNet incomeOperating cash flow$2.6B$4.6BQ4 2024$1.3B$1.6BQ1 2025$3.0B$3.6BQ2 2025$3.1B$3.6BQ3 2025$3.2B$4.1BQ4 2025$2.3B$3.9BQ1 2026$2.9B$3.7BQ2 2026$2.7B$6.1BQ3 2026
Latest (Q3 2026): Net income $2.7B, Operating cash flow $6.1B.
Chubb: diluted shares by fiscal yearChubb: diluted shares by fiscal year453MFY2020443MFY2021424MFY2022414MFY2023408MFY2024402MFY2025
-11.5% since FY2020: buybacks shrank the count.
Chubb in its industry: growth against margin (56 companies, SIC 6331)Chubb in its industry: growth against margin (56 companies, SIC 6331)revenue growth, year over year →↑ operating marginmedian +2%median 14%BRK-BPGRALLTRVAIGHIGLACGLMKLCNAWRBEGCINFAFGEverest Reinsurance Holdings IncAXSTHGRNRMCYSIGIKMPRSPNTHGWTMTIPTRLISKWDKNSLUVEHMNUFCSPLMRROOTSLDELMNDSAFTHCIDGICAHRTGEIGBOWJRVRHIPOGLREASICAIIGBLIAMSFACICNODKKINSKWYPRHIKGOXBRCB (+0%, 21%)
Fire, Marine & Casualty Insurance; dot size is quarterly revenue; dashed lines are the industry's medians.

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🔄Rotation against the market and its industry (RRG)interactive

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⚖️Fair value by methodinteractive

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📈Investments: gains and what it boughtinteractive

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Customers and suppliers named in filings

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About Chubb

Chubb Limited is the Swiss-incorporated holding company of the Chubb Group of Companies. Chubb Limited, which is headquartered in Zurich, Switzerland, and its direct and indirect subsidiaries (collectively, the Chubb Group of Companies, Chubb, we, us, or our) are a global insurance and reinsurance organization, serving the needs of a diverse group of clients worldwide. At December 31, 2025, we had total assets of $272 billion and total shareholders’ equity, of $74 billion (excluding noncontrolling interests). Chubb was incorporated in 1985 at which time it opened its first business office in Bermuda and continues to maintain operations in Bermuda.

In its own words, from its 10-K, filed Feb 27, 2026.

Chubb against its Fire, Marine & Casualty Insurance peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +0.3% against the peers' median +2%. Operating margin: 21.0% against the peers' median 15.5%.

CompanyQuarterRevenueY/YOp. margin
CB ChubbQ3 2026$16.2B+0.3%21.0%
BRK-B Berkshire HathawayQ2 2026$101.8B+10%15.5%
PGR ProgressiveQ3 2026$23.2B+3%14.0%
ALL AllstateQ3 2026$17.3B+0.5%15.1%
TRV Travelers CompaniesQ3 2026$12.4B-0.5%19.1%
AIG American International GroupQ3 2026$7.4B+17%15.0%
HIG Hartford Insurance GroupQ3 2026$7.2B+4%21.9%
L LoewsQ3 2026$4.8B+2%8.5%
ACGL Arch Capital GroupQ3 2026$4.7B-9%25.5%

Source: Chubb 10-Q on SEC EDGAR · CIK 896159 · Fire, Marine & Casualty Insurance

Guidance and outlook

Chubb: what its forward-looking statements are about (10-Q filed 2026-10-28)Chubb: what its forward-looking statements are about (10-Q filed 2026-10-28)Other5The economy2Deals1Demand1Costs1Supply chain1Margins1
12 statements; tone -0.08 (−1 all cautious, +1 all confident); 2 hedged.
Chubb: outlook statements against the filing beforeChubb: outlook statements against the filing beforeUpdated1Confident2Cautious3

More on CB

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

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中文版:安达保险(CB)财报

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