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Genworth Financial (GNW) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 6, 2026

Genworth Financial (GNW) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), -0.5% from a year earlier and -0.4% from the quarter before. Operating margin was 6.2%, net earnings $47.0M (2.6% of revenue).

Revenue$1.8B
Year over year-0.5%
Quarter over quarter-0.4%
Operating margin6.2%
Net earnings$47.0M

Genworth Financial, Q1 2026: revenue $1.8B (-0.5% year over year), operating margin 6.2%, net earnings $47.0M, operating cash flow $91.0M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.8B-0.4%-0.5%
Operating profit$111M+517%+118%
Net earnings$47.0M24×-13%
Operating cash flow$91.0M-54%+168%

What changed

Revenue was $1.8B in Q1 2026, down 1% year over year and roughly flat from the previous quarter.

Operating profit was $0.11B, a 6.2% margin (up 3.4 points year over year). Total costs fell 4% while revenue fell 1%. Net earnings were $0.05B, down 13% year over year. The effective tax rate was 28.2%.

Operating cash flow was $0.09B (up 168% year over year), 115% 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 $0.06B.

Questions

What was Genworth Financial's revenue in the first quarter 2026?

Genworth Financial (GNW) reported revenue of $1.8B for the first quarter 2026 (Q1 2026), -0.5% from a year earlier and -0.4% from the quarter before.

Was Genworth Financial profitable in the first quarter 2026?

Operating profit was $111M (6.2% of revenue) and net earnings $47.0M.

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Source: Genworth Financial 10-Q on SEC EDGAR.