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Chubb (CB) Q2 2025 earnings results (second quarter 2025)

10-Q filed Jul 28, 2025

Chubb (CB) reported revenue of $14.8B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +11% from the quarter before. Operating margin was 25.0%, net earnings $3.0B (20.0% of revenue).

Revenue$14.8B
Year over year+7%
Quarter over quarter+11%
Operating margin25.0%
Net earnings$3.0B

Chubb, Q2 2025: revenue $14.8B (+7% year over year), operating margin 25.0%, net earnings $3.0B, operating cash flow $3.6B. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$14.8B+11%+7%
Operating profit$3.7B+123%+37%
Net earnings$3.0B+123%+33%
Operating cash flow$3.6B+127%-13%

What changed

Revenue was $14.8B in Q2 2025, up 7% year over year and up 11% from the previous quarter.

Operating profit was $3.7B, a 25.0% margin (up 5.5 points year over year). Of the extra revenue versus a year earlier, 101% reached operating profit, above the 20% margin then. Total costs fell 0% while revenue rose 7%. Net earnings were $3.0B, up 33% year over year. The effective tax rate was 19.3%.

Operating cash flow was $3.6B (down 13% year over year), 118% of net earnings. Working capital and other items added $0.55B.

Questions

What was Chubb's revenue in the second quarter 2025?

Chubb (CB) reported revenue of $14.8B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +11% from the quarter before.

Was Chubb profitable in the second quarter 2025?

Operating profit was $3.7B (25.0% of revenue) and net earnings $3.0B.

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Source: Chubb 10-Q on SEC EDGAR.