Filing Flows › CNA Financial (CNA) › Q3 2025
CNA Financial (CNA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 3, 2025
CNA Financial (CNA) reported revenue of $3.8B for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before. Operating margin was 13.4%, net earnings $403M (10.6% of revenue).
CNA Financial, Q3 2025: revenue $3.8B (+6% year over year), operating margin 13.4%, net earnings $403M, operating cash flow $720M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.8B | +3% | +6% |
| Operating profit | $513M | +35% | +42% |
| Net earnings | $403M | +35% | +42% |
| Operating cash flow | $720M | +28% | -4% |
| Free cash flow | $704M | +31% | -4% |
What changed
Revenue was $3.8B in Q3 2025, up 6% year over year and up 3% from the previous quarter.
Operating profit was $0.51B, a 13.4% margin (up 3.5 points year over year). Of the extra revenue versus a year earlier, 76% reached operating profit, above the 10% margin then. Total costs grew 1% against revenue growth of 6%. Net earnings were $0.40B, up 42% year over year. The effective tax rate was 21.4%.
Operating cash flow was $0.72B (down 4% year over year), 179% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.30B. Capital expenditures of $0.02B left free cash flow of $0.70B.
Questions
What was CNA Financial's revenue in the third quarter 2025?
CNA Financial (CNA) reported revenue of $3.8B for the third quarter 2025 (Q3 2025), +6% from a year earlier and +3% from the quarter before.
Was CNA Financial profitable in the third quarter 2025?
Operating profit was $513M (13.4% of revenue) and net earnings $403M.
Source: CNA Financial 10-Q on SEC EDGAR.