Filing Flows › Genworth Financial (GNW) › Q1 2025
Genworth Financial (GNW) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 2, 2025
Genworth Financial (GNW) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.2% from the quarter before. Operating margin was 2.9%, net earnings $54.0M (3.0% of revenue).
Genworth Financial, Q1 2025: revenue $1.8B (-4% year over year), operating margin 2.9%, net earnings $54.0M, operating cash flow $34.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +0.2% | -4% |
| Operating profit | $51.0M | -7% | -40% |
| Net earnings | $54.0M | — | -61% |
| Operating cash flow | $34.0M | +26% | — |
What changed
Revenue was $1.8B in Q1 2025, down 4% year over year and roughly flat from the previous quarter.
Operating profit was $0.05B, a 2.9% margin (down 1.7 points year over year). Total costs fell 2% while revenue fell 4%. Net earnings were $0.05B, down 61% year over year. The effective tax rate was 29.8%. Non-operating items added $0.07B, 58% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.03B, 40% of net income including minority interests. Non-cash charges added back $0.06B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.12B.
Questions
What was Genworth Financial's revenue in the first quarter 2025?
Genworth Financial (GNW) reported revenue of $1.8B for the first quarter 2025 (Q1 2025), -4% from a year earlier and +0.2% from the quarter before.
Was Genworth Financial profitable in the first quarter 2025?
Operating profit was $51.0M (2.9% of revenue) and net earnings $54.0M.
Source: Genworth Financial 10-Q on SEC EDGAR.