Filing Flows › Primerica (PRI) › Q1 2025
Primerica (PRI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Primerica (PRI) reported revenue of $805M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before. Operating margin was 27.5%, net earnings $169M (21.0% of revenue).
Primerica, Q1 2025: revenue $805M (+9% year over year), operating margin 27.5%, net earnings $169M, operating cash flow $197M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $805M | +2% | +9% |
| Operating profit | $221M | +1% | +14% |
| Net earnings | $169M | +1% | +23% |
| Operating cash flow | $197M | -27% | -6% |
What changed
Revenue was $804.8M in Q1 2025, up 9% year over year and up 2% from the previous quarter. Term Life Insurance Segment Revenues was the largest line at 57% of revenue. Investment and Savings Products Segment Revenues added $47.1M year over year (up 19%), 68% of the total change.
Operating profit was $221.3M, a 27.5% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 41% reached operating profit, above the 26% margin then. Total costs grew 8% against revenue growth of 9%. Net earnings were $169.1M, up 23% year over year. The effective tax rate was 23.6%.
Operating cash flow was $197.5M (down 6% year over year), 117% of net earnings. Non-cash charges added back $4.8M of depreciation and amortization and $13.3M of share-based compensation. Working capital and other items added $10.4M.
Questions
What was Primerica's revenue in the first quarter 2025?
Primerica (PRI) reported revenue of $805M for the first quarter 2025 (Q1 2025), +9% from a year earlier and +2% from the quarter before.
Was Primerica profitable in the first quarter 2025?
Operating profit was $221M (27.5% of revenue) and net earnings $169M.
Source: Primerica 10-Q on SEC EDGAR.