Filing Flows › Corebridge Financial (CRBG) › Q3 2025
Corebridge Financial (CRBG) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 4, 2025
Corebridge Financial (CRBG) reported revenue of $5.4B for the third quarter 2025 (Q3 2025), +108% from a year earlier and +99% from the quarter before. Operating margin was -0.8%, net earnings $137M (2.5% of revenue).
Corebridge Financial, Q3 2025: revenue $5.4B (+108% year over year), operating margin -0.8%, net earnings $137M, operating cash flow $24.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $5.4B | +99% | +108% |
| Operating profit | −$42.0M | — | — |
| Net earnings | $137M | — | — |
| Operating cash flow | $24.0M | — | -71% |
What changed
Revenue was $5.4B in Q3 2025, up 108% year over year and up 99% from the previous quarter.
Operating costs exceeded revenue by $0.04B, an operating margin of -0.8%. Total costs grew 30% against revenue growth of 108%. The fastest-growing cost line was Other operating costs (+34%). Net earnings were $0.14B ($0.14B including minority interests, which bore $0.01B of losses).
Operating cash flow was $0.02B (down 71% year over year), 18% of net income including minority interests. Non-cash charges added back $0.20B of depreciation and amortization. Working capital and other items used $0.31B.
Questions
What was Corebridge Financial's revenue in the third quarter 2025?
Corebridge Financial (CRBG) reported revenue of $5.4B for the third quarter 2025 (Q3 2025), +108% from a year earlier and +99% from the quarter before.
Was Corebridge Financial profitable in the third quarter 2025?
Operating loss was $42.0M (-0.8% of revenue) and net earnings $137M.