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US Alliance earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 14, 2026

Q2 2026 Revenue down 17% year over year to $5.8M · 1¢ of every $1 of revenue kept as net profit · operating margin 1.2%

US Alliance made $5.8M in Q2 2026 (-17% Y/Y). Operating margin 1.2%, net earnings $40K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.

Revenue$5.8M
Year over year-17%
Operating margin1.2%
Net earnings$40K
Operating cash flow$1.4M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

What changed this quarter

Revenue was $5.8M in Q2 2026, down 17% year over year and down 2% from the previous quarter.

Operating profit was $67K, a 1.2% margin (down 15.1 points year over year). Total costs fell 2% while revenue fell 17%. Net earnings were $40K, down 96% year over year. The effective tax rate was 40.5%.

Operating cash flow was $1.4M (up 6% year over year), 3500% of net earnings. Working capital and other items added $1.4M.

Quarterly history

US Alliance revenue by quarterUS Alliance revenue by quarter$6.1MQ4 2024$5.2MQ1 2025$7.0MQ2 2025$6.5MQ3 2025$5.9MQ4 2025$5.9MQ1 2026$5.8MQ2 2026
US Alliance net earnings by quarterUS Alliance net earnings by quarter$118KQ4 2024−$1.3MQ1 2025$791KQ2 2025$136KQ3 2025−$342KQ4 2025−$331KQ1 2026$40KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 14, 2026$5.8M-17%1.2%$40K$1.4M
Q1 202610-QMay 15, 2026$5.9M+14%-7.2%−$331K$2.1M
Q4 202510-KMar 17, 2026$5.9M-4%-10.8%−$342K$3.1M
Q3 202510-QNov 14, 2025$6.5M+30%2.4%$136K$2.3M
Q2 202510-QAug 15, 2025$7.0M-0.5%16.3%$791K$1.3M
Q1 202510-QMay 15, 2025$5.2M-8%-30.2%−$1.3M$2.3M
Q4 202410-KMar 18, 2025$6.1M+24%2.5%$118K$4.3M

Charts

US Alliance: revenue growth, year over year and quarter over quarterUS Alliance: revenue growth, year over year and quarter over quarterY/YQ/Q+24%Q4 2024-8%-16%Q1 20250%+35%Q2 2025+30%-7%Q3 2025-4%-9%Q4 2025+14%0%Q1 2026-17%-2%Q2 2026
Latest (Q2 2026): Y/Y -17%, Q/Q -2%.
US Alliance: where the cash came from (+) and went (−), TTM to Q2 2026US Alliance: where the cash came from (+) and went (−), TTM to Q2 2026Other investing−$23.8MOther financing$14.8MOperating cash flow$8.8MCash drawn (+) / kept (−)$215KCapital spending−$27K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
US Alliance: profit against cash, quarter by quarterUS Alliance: profit against cash, quarter by quarterNet incomeOperating cash flow−$372K$3.3MQ3 2024$188K$4.3MQ4 2024−$1.3M$2.3MQ1 2025$919K$1.3MQ2 2025$136K$2.3MQ3 2025−$342K$3.1MQ4 2025−$331K$2.1MQ1 2026$40K$1.4MQ2 2026
Latest (Q2 2026): Net income $40K, Operating cash flow $1.4M.
US Alliance in its industry: growth against margin (24 companies, SIC 6311)US Alliance in its industry: growth against margin (24 companies, SIC 6311)revenue growth, year over year →↑ operating marginmedian +5%median 16%METPRUMetropolitan Life Insurance CoRGACRBGLNCLincoln National Life Insurance CoATH-PAVOYAGNWANG-PDGLJXNBrighthouse Life Insurance CoFGPRIBHFVoya Retirement Insurance & Annuity CoCIAAAMEFirst Trinity Financial CorpUTGNTexas Republic Capital CorpUS Alliance (-17%, 1%)
Life Insurance; dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

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💵Where each $1 goesinteractive

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🌏Named in Asian annual reportsinteractive

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🏭Its industry’s money flow (input-output)interactive

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US Alliance against its Life Insurance peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -17% against the peers' median +8%. Operating margin: 1.2% against the peers' median 8.9%.

CompanyQuarterRevenueY/YOp. margin
US AllianceQ2 2026$5.8M-17%1.2%
MET MetlifeQ3 2026$20.5B+18%8.9%
PRU Prudential FinancialQ3 2026$14.4B-19%11.4%
Metropolitan Life InsuranceQ2 2026$9.6B+2%6.0%
RGA Reinsurance Group of AmericaQ3 2026$7.5B+22%8.3%
CRBG Corebridge FinancialQ3 2026$6.2B+14%37.7%
LNC Lincoln NationalQ3 2026$5.5B+20%31.7%
Lincoln National Life InsuranceQ2 2026$4.3B+8%25.2%
ATH-PA Athene HoldingQ3 2026$3.1B-62%-56.7%

Source: US Alliance 10-Q on SEC EDGAR · CIK 1463913 · Life Insurance