Filing Flows › Loews (L) › Q3 2026
Loews (L) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Loews (L) reported revenue of $4.8B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +0.5% from the quarter before. Operating margin was 8.5%, net earnings $306M (6.4% of revenue).
Loews, Q3 2026: revenue $4.8B (+2% year over year), operating margin 8.5%, net earnings $306M, operating cash flow $954M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.8B | +0.5% | +2% |
| Operating profit | $406M | -34% | -41% |
| Net earnings | $306M | -31% | -39% |
| Operating cash flow | $954M | -1% | +4% |
| Free cash flow | $691M | -2% | -10% |
What changed
Revenue was $4.8B in Q3 2026, up 2% year over year and up 1% from the previous quarter.
Operating profit was $0.41B, a 8.5% margin (down 6.2 points year over year). Operating profit fell $0.28B even though revenue rose $0.09B versus Q3 2025, so costs grew faster than sales. Total costs grew 9% against revenue growth of 2%. Net earnings were $0.31B, down 39% year over year. The effective tax rate was 20.7%.
Operating cash flow was $1.0B (up 4% year over year), 296% of net income including minority interests. Working capital and other items added $0.63B. Capital expenditures of $0.26B left free cash flow of $0.69B.
Questions
What was Loews' revenue in the third quarter 2026?
Loews (L) reported revenue of $4.8B for the third quarter 2026 (Q3 2026), +2% from a year earlier and +0.5% from the quarter before.
Was Loews profitable in the third quarter 2026?
Operating profit was $406M (8.5% of revenue) and net earnings $306M.
Source: Loews 10-Q on SEC EDGAR.