Filing Flows › Cincinnati Financial (CINF) › Q2 2025
Cincinnati Financial (CINF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 28, 2025
Cincinnati Financial (CINF) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +28% from a year earlier and +27% from the quarter before. Operating margin was 26.3%, net earnings $685M (21.1% of revenue).
Cincinnati Financial, Q2 2025: revenue $3.2B (+28% year over year), operating margin 26.3%, net earnings $685M, operating cash flow $741M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | +27% | +28% |
| Operating profit | $855M | — | +122% |
| Net earnings | $685M | — | +120% |
| Operating cash flow | $741M | +139% | -0.1% |
| Free cash flow | $737M | +140% | 0% |
What changed
Revenue was $3.2B in Q2 2025, up 28% year over year and up 27% from the previous quarter.
Operating profit was $0.85B, a 26.3% margin (up 11.2 points year over year). Of the extra revenue versus a year earlier, 67% reached operating profit, above the 15% margin then. Total costs grew 11% against revenue growth of 28%. Net earnings were $0.69B, up 120% year over year. The effective tax rate was 19.9%.
Operating cash flow was $0.74B (roughly flat year over year), 108% of net earnings. Working capital and other items added $0.06B. Capital expenditures of $4.0M left free cash flow of $0.74B.
Questions
What was Cincinnati Financial's revenue in the second quarter 2025?
Cincinnati Financial (CINF) reported revenue of $3.2B for the second quarter 2025 (Q2 2025), +28% from a year earlier and +27% from the quarter before.
Was Cincinnati Financial profitable in the second quarter 2025?
Operating profit was $855M (26.3% of revenue) and net earnings $685M.