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Everest Group (EG) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 26, 2026

Everest Group (EG) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +2% from the quarter before. Operating margin was 12.5%, net earnings $446M (10.1% of revenue).

Revenue$4.4B
Year over year-5%
Quarter over quarter+2%
Operating margin12.5%
Net earnings$446M

Everest Group, Q4 2025: revenue $4.4B (-5% year over year), operating margin 12.5%, net earnings $446M, operating cash flow −$398M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$4.4B+2%-5%
Operating profit$554M+106%—
Net earnings$446M+75%—
Operating cash flow−$398M-127%—

What changed

Revenue was $4.4B in Q4 2025, down 5% year over year and up 2% from the previous quarter.

Operating profit was $0.55B, a 12.5% margin (up 28.6 points year over year). Total costs fell 28% while revenue fell 5%. Net earnings were $0.45B. The effective tax rate was 19.6%.

Operating cash flow was −$0.40B. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items used $0.86B.

Questions

What was Everest Group's revenue in the fourth quarter 2025?

Everest Group (EG) reported revenue of $4.4B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and +2% from the quarter before.

Was Everest Group profitable in the fourth quarter 2025?

Operating profit was $554M (12.5% of revenue) and net earnings $446M.

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Source: Everest Group 10-K on SEC EDGAR.