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F&G Annuities & Life (FG) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 6, 2026

F&G Annuities & Life (FG) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), -33% from a year earlier and -20% from the quarter before. Operating margin was 82.8%, net earnings $740M (65.4% of revenue).

Revenue$1.1B
Year over year-33%
Quarter over quarter-20%
Operating margin82.8%
Net earnings$740M

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 follows the revenue to costs, profit and cash.

Q3 2026AmountQ/QY/Y
Revenue$1.1B-20%-33%
Operating profit$936M—+615%
Net earnings$740M—+527%
Operating cash flow$982M-34%+5%

What changed

Revenue was $1.1B in Q3 2026, down 33% year over year and down 20% from the previous quarter.

Operating profit was $0.94B, a 82.8% margin (up 75.0 points year over year). Total costs fell 88% while revenue fell 33%. Net earnings were $0.74B, up 527% year over year. The effective tax rate was 20.8%.

Operating cash flow was $1.0B (up 5% year over year), 133% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization and $0.01B of share-based compensation.

Questions

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

F&G Annuities & Life (FG) reported revenue of $1.1B for the third quarter 2026 (Q3 2026), -33% from a year earlier and -20% from the quarter before.

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

Operating profit was $936M (82.8% of revenue) and net earnings $740M.

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