Filing Flows › Corebridge Financial (CRBG) › Q4 2025
Corebridge Financial (CRBG) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 11, 2026
Corebridge Financial (CRBG) reported revenue of $6.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +25% from the quarter before. Operating margin was 14.3%, net earnings $814M (12.0% of revenue).
Corebridge Financial, Q4 2025: revenue $6.8B (+2% year over year), operating margin 14.3%, net earnings $814M, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.8B | +25% | +3% |
| Operating profit | $971M | — | -67% |
| Net earnings | $814M | +465% | -63% |
| Operating cash flow | $1.9B | 78× | +27% |
What changed
Revenue was $6.8B in Q4 2025, up 3% year over year and up 25% from the previous quarter.
Operating profit was $1.0B, a 14.3% margin (down 30.0 points year over year). Operating profit fell $2.0B even though revenue rose $0.17B versus a year earlier, so costs grew faster than sales. Total costs grew 58% against revenue growth of 3%. The fastest-growing cost line was Other operating costs (+66%). Net earnings were $0.81B, down 63% year over year ($0.80B including minority interests, which bore $0.02B of losses). The effective tax rate was 17.8%.
Operating cash flow was $1.9B (up 27% year over year), 236% of net income including minority interests. Non-cash charges added back $0.17B of depreciation and amortization. Working capital and other items added $0.91B.
Questions
What was Corebridge Financial's revenue in the fourth quarter 2025?
Corebridge Financial (CRBG) reported revenue of $6.8B for the fourth quarter 2025 (Q4 2025), +3% from a year earlier and +25% from the quarter before.
Was Corebridge Financial profitable in the fourth quarter 2025?
Operating profit was $971M (14.3% of revenue) and net earnings $814M.