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Corebridge Financial (CRBG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 5, 2026

Corebridge Financial (CRBG) reported revenue of $3.9B for the second quarter 2026 (Q2 2026), +44% from a year earlier and -1% from the quarter before. Operating margin was 1.3%, net earnings $2.0M (0.1% of revenue).

Revenue$3.9B
Year over year+44%
Quarter over quarter-1%
Operating margin1.3%
Net earnings$2.0M

Corebridge Financial, Q2 2026: revenue $3.9B (+44% year over year), operating margin 1.3%, net earnings $2.0M, operating cash flow −$44.0M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.9B-1%+44%
Operating profit$52.0M-46%—
Net earnings$2.0M——
Operating cash flow−$44.0M——

What changed

Revenue was $3.9B in Q2 2026, up 44% year over year and down 1% from the previous quarter.

Operating profit was $0.05B, a 1.3% margin (up 23.6 points year over year). Total costs grew 16% against revenue growth of 44%. The fastest-growing cost line was Other operating costs (+21%). Net earnings were $2.0M. The effective tax rate was 96.2%.

Operating cash flow was −$0.04B. Non-cash charges added back $0.17B of depreciation and amortization. Working capital and other items used $0.22B.

Questions

What was Corebridge Financial's revenue in the second quarter 2026?

Corebridge Financial (CRBG) reported revenue of $3.9B for the second quarter 2026 (Q2 2026), +44% from a year earlier and -1% from the quarter before.

Was Corebridge Financial profitable in the second quarter 2026?

Operating profit was $52.0M (1.3% of revenue) and net earnings $2.0M.

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Source: Corebridge Financial 10-Q on SEC EDGAR.