Filing Flows › CNA Financial (CNA) › Q1 2026
CNA Financial (CNA) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
CNA Financial (CNA) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before. Operating margin was 7.3%, net earnings $211M (5.7% of revenue).
CNA Financial, Q1 2026: revenue $3.7B (+1% year over year), operating margin 7.3%, net earnings $211M, operating cash flow $393M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -4% | +1% |
| Operating profit | $267M | -29% | -23% |
| Net earnings | $211M | -30% | -23% |
| Operating cash flow | $393M | -31% | -38% |
| Free cash flow | $380M | -30% | -39% |
What changed
Revenue was $3.7B in Q1 2026, up 1% year over year and down 4% from the previous quarter.
Operating profit was $0.27B, a 7.3% margin (down 2.4 points year over year). Operating profit fell $0.08B even though revenue rose $0.05B versus Q1 2025, so costs grew faster than sales. Total costs grew 4% against revenue growth of 1%. Net earnings were $0.21B, down 23% year over year. The effective tax rate was 21.0%.
Operating cash flow was $0.39B (down 38% year over year), 186% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.16B. Capital expenditures of $0.01B left free cash flow of $0.38B.
Questions
What was CNA Financial's revenue in the first quarter 2026?
CNA Financial (CNA) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before.
Was CNA Financial profitable in the first quarter 2026?
Operating profit was $267M (7.3% of revenue) and net earnings $211M.
Source: CNA Financial 10-Q on SEC EDGAR.