Filing Flows › Corebridge Financial (CRBG) › Q2 2025
Corebridge Financial (CRBG) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 5, 2025
Corebridge Financial (CRBG) reported revenue of $2.7B for the second quarter 2025 (Q2 2025), -27% from a year earlier and -24% from the quarter before. Operating margin was -22.3%, net loss $668M (24.5% of revenue).
Corebridge Financial, Q2 2025: revenue $2.7B (-26% year over year), operating margin -22.3%, net loss $668M, operating cash flow −$259M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7B | -24% | -27% |
| Operating profit | −$608M | — | — |
| Net earnings | −$668M | — | — |
| Operating cash flow | −$259M | -169% | — |
What changed
Revenue was $2.7B in Q2 2025, down 27% year over year and down 24% from the previous quarter.
Operating costs exceeded revenue by $0.61B, an operating margin of -22.3%. Total costs grew 2% against a revenue fall of 27%. The quarter ended with a net loss of $0.67B, wider than the previous quarter's $0.66B loss. Minority interests bore $0.01B of it: to shareholders the quarter was a loss of $0.66B.
Operating cash flow was −$0.26B. Non-cash charges added back $0.09B of depreciation and amortization. Working capital and other items added $0.32B.
Questions
What was Corebridge Financial's revenue in the second quarter 2025?
Corebridge Financial (CRBG) reported revenue of $2.7B for the second quarter 2025 (Q2 2025), -27% from a year earlier and -24% from the quarter before.
Was Corebridge Financial profitable in the second quarter 2025?
Operating loss was $608M (-22.3% of revenue) and net loss $668M.