Filing Flows › Metlife (MET) › Q3 2025
Metlife (MET) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Metlife (MET) reported revenue of $17.4B for the third quarter 2025 (Q3 2025), -6% from a year earlier and +0.1% from the quarter before. Operating margin was 9.5%, net earnings $902M (5.2% of revenue).
Metlife, Q3 2025: revenue $17.4B (-6% year over year), operating margin 9.5%, net earnings $902M, operating cash flow $3.6B. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.4B | +0.1% | -6% |
| Operating profit | $1.6B | +18% | +14% |
| Net earnings | $902M | +23% | -33% |
| Operating cash flow | $3.6B | +63% | -14% |
What changed
Revenue was $17.4B in Q3 2025, down 6% year over year and roughly flat from the previous quarter.
Operating profit was $1.6B, a 9.5% margin (up 1.7 points year over year). Total costs fell 8% while revenue fell 6%. The fastest-growing cost line was Sales & marketing (+17%). Net earnings were $0.90B, down 33% year over year. The effective tax rate was 25.5%.
Operating cash flow was $3.6B (down 14% year over year), 395% of net earnings. Non-cash charges added back $0.03B of depreciation. Working capital and other items added $2.6B.
Questions
What was Metlife's revenue in the third quarter 2025?
Metlife (MET) reported revenue of $17.4B for the third quarter 2025 (Q3 2025), -6% from a year earlier and +0.1% from the quarter before.
Was Metlife profitable in the third quarter 2025?
Operating profit was $1.6B (9.5% of revenue) and net earnings $902M.
Source: Metlife 10-Q on SEC EDGAR.