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CNA Financial (CNA) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 2, 2026

CNA Financial (CNA) reported revenue of $3.8B for the third quarter 2026 (Q3 2026), +0.1% from a year earlier and -0.2% from the quarter before. Operating margin was 6.2%, net earnings $196M (5.1% of revenue).

Revenue$3.8B
Year over year+0.1%
Quarter over quarter-0.2%
Operating margin6.2%
Net earnings$196M

CNA Financial, Q3 2026: revenue $3.8B (+0.1% year over year), operating margin 6.2%, net earnings $196M, operating cash flow $654M. The chart follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$3.8B-0.2%+0.1%
Operating profit$237M-41%-54%
Net earnings$196M-39%-51%
Operating cash flow$654M+0.8%-9%
Free cash flow$634M+0.8%-10%

What changed

Revenue was $3.8B in Q3 2026, roughly flat year over year and roughly flat from the previous quarter.

Operating profit was $0.24B, a 6.2% margin (down 7.2 points year over year). Operating profit fell $0.28B even though revenue rose $4.0M versus Q3 2025, so costs grew faster than sales. Total costs grew 8% against flat revenue. Net earnings were $0.20B, down 51% year over year. The effective tax rate was 17.3%.

Operating cash flow was $0.65B (down 9% year over year), 334% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization. Working capital and other items added $0.44B. Capital expenditures of $0.02B left free cash flow of $0.63B.

Questions

What was CNA Financial's revenue in the third quarter 2026?

CNA Financial (CNA) reported revenue of $3.8B for the third quarter 2026 (Q3 2026), +0.1% from a year earlier and -0.2% from the quarter before.

Was CNA Financial profitable in the third quarter 2026?

Operating profit was $237M (6.2% of revenue) and net earnings $196M.

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Source: CNA Financial 10-Q on SEC EDGAR.