Filing Flows › Loews (L) › Q1 2026
Loews (L) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 4, 2026
Loews (L) reported revenue of $4.6B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before. Operating margin was 10.2%, net earnings $337M (7.4% of revenue).
Loews, Q1 2026: revenue $4.6B (+1% year over year), operating margin 10.2%, net earnings $337M, operating cash flow $72.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | -4% | +1% |
| Operating profit | $463M | -14% | -10% |
| Net earnings | $337M | -16% | -9% |
| Operating cash flow | $72.0M | -88% | -90% |
What changed
Revenue was $4.6B in Q1 2026, up 1% year over year and down 4% from the previous quarter.
Operating profit was $0.46B, a 10.2% margin (down 1.3 points year over year). Operating profit fell $0.05B even though revenue rose $0.06B versus Q1 2025, so costs grew faster than sales. Total costs grew 3% against revenue growth of 1%. Net earnings were $0.34B, down 9% year over year. The effective tax rate was 23.5%.
Operating cash flow was $0.07B (down 90% year over year), 20% of net income including minority interests. Working capital and other items used $0.28B. Capital expenditures of $0.20B exceeded it, leaving free cash flow of −$0.13B.
Questions
What was Loews' revenue in the first quarter 2026?
Loews (L) reported revenue of $4.6B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before.
Was Loews profitable in the first quarter 2026?
Operating profit was $463M (10.2% of revenue) and net earnings $337M.
Source: Loews 10-Q on SEC EDGAR.