Filing Flows › F&G Annuities & Life (FG) › How it makes money
How F&G Annuities & Life (FG) makes money
F&G Annuities & Life (FG) made $1.1B of revenue in the third quarter 2026 (Q3 2026), -33% from a year earlier. Of every dollar of revenue, 83¢ was left as operating profit, 65¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.1B | 100.0% |
| Operating profit | $936M | 82.8% |
| Income tax | $195M | 17.2% |
| Net earnings | $740M | 65.4% |
| Operating cash flow | $982M | 86.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.1B | -33% |
| Q2 2026 | $1.4B | +4% |
| Q1 2026 | $1.2B | +31% |
| Q4 2025 | $1.8B | +13% |
| Q3 2025 | $1.7B | +17% |
| Q2 2025 | $1.4B | +16% |
| Q1 2025 | $908M | -42% |
From F&G Annuities & Life's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does F&G Annuities & Life make money?
F&G Annuities & Life (FG) made $1.1B of revenue in the third quarter 2026 (Q3 2026), -33% from a year earlier. Of every dollar of revenue, 83¢ was left as operating profit, 65¢ was left as net earnings.
What is F&G Annuities & Life's profit margin?
Net earnings were $740M, 65.4% of revenue, in the third quarter 2026; the operating margin was 82.8%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.