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Texas Republic Capital earnings and revenue breakdown

Latest: Q2 2026 · 10-Q filed Aug 13, 2026

Q2 2026 Revenue up 31% year over year to $1.9M · 8¢ of every $1 of revenue kept as net profit · operating margin 7.6%

Texas Republic Capital made $1.9M in Q2 2026 (+31% Y/Y). Operating margin 7.6%, net earnings $143K. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 13, 2026.

Revenue$1.9M
Year over year+31%
Operating margin7.6%
Net earnings$143K
Operating cash flow−$79K

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 $1.9M in Q2 2026, up 31% year over year and up 17% from the previous quarter.

Operating profit was $143K, a 7.6% margin (up 44.0 points year over year). Total costs fell 11% while revenue rose 31%. Net earnings were $143K. The effective tax rate was 0.0%.

Operating cash flow was −$79K. Non-cash charges added back $14K of depreciation. Working capital and other items used $236K.

Quarterly history

Texas Republic Capital revenue by quarterTexas Republic Capital revenue by quarter$1.6MQ4 2024$1.7MQ1 2025$1.4MQ2 2025$1.3MQ3 2025$2.1MQ4 2025$1.6MQ1 2026$1.9MQ2 2026
Texas Republic Capital net earnings by quarterTexas Republic Capital net earnings by quarter−$132KQ4 2024−$170KQ1 2025−$602KQ2 2025−$1KQ3 2025$216KQ4 2025−$310KQ1 2026$143KQ2 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q2 202610-QAug 13, 2026$1.9M+31%7.6%$143K−$79K
Q1 202610-QMay 15, 2026$1.6M-7%-19.3%−$310K−$106K
Q4 202510-KApr 1, 2026$2.1M+31%10.3%$216K$330K
Q3 202510-QNov 14, 2025$1.3M-20%-0.1%−$1K$291K
Q2 202510-QAug 14, 2025$1.4M-11%-42.1%−$602K−$872K
Q1 202510-QMay 15, 2025$1.7M+12%-9.8%−$170K$185K
Q4 202410-KMar 31, 2025$1.6M+3%-8.3%−$132K−$1.1M

Charts

Texas Republic Capital: revenue growth, year over year and quarter over quarterTexas Republic Capital: revenue growth, year over year and quarter over quarterY/YQ/Q+3%Q4 2024+12%+9%Q1 2025-11%-17%Q2 2025-20%-7%Q3 2025+31%+56%Q4 2025-7%-23%Q1 2026+31%+17%Q2 2026
Latest (Q2 2026): Y/Y +31%, Q/Q +17%.
Texas Republic Capital: where the cash came from (+) and went (−), TTM to Q2 2026Texas Republic Capital: where the cash came from (+) and went (−), TTM to Q2 2026Cash drawn (+) / kept (−)−$3.5MOther investing$2.7MOperating cash flow$436KShares issued$238KOther financing$152KCapital spending−$5K
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Texas Republic Capital: profit against cash, quarter by quarterTexas Republic Capital: profit against cash, quarter by quarterNet incomeOperating cash flow−$367K$433KQ3 2024−$17K−$1.1MQ4 2024−$217K$185KQ1 2025−$520K−$872KQ2 2025−$1K$291KQ3 2025$216K$330KQ4 2025−$310K−$106KQ1 2026$143K−$79KQ2 2026
Latest (Q2 2026): Net income $143K, Operating cash flow −$79K.
Texas Republic Capital in its industry: growth against margin (24 companies, SIC 6311)Texas Republic Capital 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 CorpUTGNUS Alliance CorpTexas Republic Capital (+31%, 8%)
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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About Texas Republic Capital

Texas Republic Capital Corporation (the “Company”) is the parent holding company of Texas Republic Life Insurance Company (“TRLIC”), Texas Republic Life Solutions, Inc. (“TRLS”), and Axis Insurance Solutions, LLC (“AIS”). The Company was incorporated in Texas on May 15, 2012, for the primary purpose of forming and capitalizing a life insurance company subsidiary. The Texas Department of Insurance approved TRLIC’s life insurance charter on August 1, 2016. The Company capitalized TRLIC with $3,000,000 and owns 100% of TRLIC. TRLIC began insurance operations on April 3, 2017 and is currently selling life and annuity products in the state of Texas. In 2018 the Company made additional capital contributions totaling $2,750,000 for the entire year. In 2019 the Company made two more capital contributions to TRLIC.

In its own words, from its 10-K, filed Apr 1, 2026.

Texas Republic Capital against its Life Insurance peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +31% against the peers' median +14%. Operating margin: 7.6% against the peers' median 8.9%.

CompanyQuarterRevenueY/YOp. margin
Texas Republic CapitalQ2 2026$1.9M+31%7.6%
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: Texas Republic Capital 10-Q on SEC EDGAR · CIK 1560452 · Life Insurance