Filing Flows › F&G Annuities & Life (FG) › Q3 2026 › vs Q3 2025
F&G Annuities & Life (FG) Q3 2026 vs Q3 2025 (year over year)
F&G Annuities & Life's revenue fell $563M (-33%) from $1.7B in Q3 2025 to $1.1B in Q3 2026. Operating margin 82.8% against 7.7% (+75.0 pts).
F&G Annuities & Life, Q3 2026: revenue $1.1B (-33% year over year), operating margin 82.8%, net earnings $740M, operating cash flow $982M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 82.8% | 7.7% | +75.0 pts |
| Net margin | 65.4% | 7.0% | +58.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $1.1B | $1.7B | −$563M | -33% |
| Operating profit | $936M | $131M | $805M | +615% |
| Costs & expenses | $195M | $1.6B | −$1.4B | -88% |
| Pre-tax earnings | $936M | $131M | $805M | +615% |
| Net earnings | $740M | $118M | $622M | +527% |
| Minority interests | $1.0M | $2.0M | −$1.0M | -50% |
| Income tax | $195M | $11.0M | $184M | 18× |
| Depreciation & amortization | $191M | $180M | $11.0M | +6% |
| Share-based compensation | $9.0M | $8.0M | $1.0M | +12% |
| Working capital & other | $42.0M | $631M | −$589M | -93% |
| Operating cash flow | $982M | $937M | $45.0M | +5% |
Questions
How much did F&G Annuities & Life's revenue grow year over year in Q3 2026?
F&G Annuities & Life's revenue fell $563M (-33%) from $1.7B in Q3 2025 to $1.1B in Q3 2026. Operating margin 82.8% against 7.7% (+75.0 pts).