Filing Flows › Metlife (MET) › Q3 2026
Metlife (MET) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
Metlife (MET) reported revenue of $20.5B for the third quarter 2026 (Q3 2026), +18% from a year earlier and +7% from the quarter before. Operating margin was 8.9%, net earnings $2.4B (11.7% of revenue).
Metlife, Q3 2026: revenue $20.5B (+18% year over year), operating margin 8.9%, net earnings $2.4B, operating cash flow $2.0B. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.5B | +7% | +18% |
| Operating profit | $1.8B | +14% | +11% |
| Net earnings | $2.4B | +226% | +168% |
| Operating cash flow | $2.0B | -10% | -44% |
What changed
Revenue was $20.5B in Q3 2026, up 18% year over year and up 7% from the previous quarter.
Operating profit was $1.8B, a 8.9% margin (down 0.6 points year over year). Of the extra revenue versus Q3 2025, 6% reached operating profit, below the 10% margin then. Total costs grew 19% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $2.4B, up 168% year over year. The effective tax rate was 19.6%. Non-operating items added $1.2B, 39% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $2.0B (down 44% year over year), 83% of net earnings. Non-cash charges added back $0.03B of depreciation. Working capital and other items used $0.44B.
Questions
What was Metlife's revenue in the third quarter 2026?
Metlife (MET) reported revenue of $20.5B for the third quarter 2026 (Q3 2026), +18% from a year earlier and +7% from the quarter before.
Was Metlife profitable in the third quarter 2026?
Operating profit was $1.8B (8.9% of revenue) and net earnings $2.4B.
Source: Metlife 10-Q on SEC EDGAR.