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F&G Annuities & Life (FG) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 6, 2026

F&G Annuities & Life (FG) reported revenue of $1.4B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +20% from the quarter before. Operating margin was -6.6%, net loss $75.0M (5.3% of revenue).

Revenue$1.4B
Year over year+4%
Quarter over quarter+20%
Operating margin-6.6%
Net earnings−$75.0M

F&G Annuities & Life, Q2 2026: revenue $1.4B (+4% year over year), operating margin -6.6%, net loss $75.0M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.4B+20%+4%
Operating profit−$94.0M-129%-265%
Net earnings−$75.0M-130%-288%
Operating cash flow$1.5B+100%-8%

What changed

Revenue was $1.4B in Q2 2026, up 4% year over year and up 20% from the previous quarter.

Operating costs exceeded revenue by $0.09B, an operating margin of -6.6%. Total costs grew 16% against revenue growth of 4%. The quarter ended with a net loss of $0.07B, after a profit of $0.25B the previous quarter.

Operating cash flow was $1.5B (down 8% year over year). Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $1.4B.

Questions

What was F&G Annuities & Life's revenue in the second quarter 2026?

F&G Annuities & Life (FG) reported revenue of $1.4B for the second quarter 2026 (Q2 2026), +4% from a year earlier and +20% from the quarter before.

Was F&G Annuities & Life profitable in the second quarter 2026?

Operating loss was $94.0M (-6.6% of revenue) and net loss $75.0M.

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Source: F&G Annuities & Life 10-Q on SEC EDGAR.