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Reinsurance Group of America (RGA) operating margin by quarter

Reinsurance Group of America's operating margin was 8.3% in Q3 2026 (third quarter 2026), -0.9 pts from Q2 2026. Over the last 7 quarters it ranged from 5.2% (Q3 2025) to 9.1% (Q2 2026).

Reinsurance Group of America operating margin by quarterReinsurance Group of America operating margin by quarter7.0%Q1 20256.1%Q2 20255.2%Q3 20257.7%Q4 20256.8%Q1 20269.1%Q2 20268.3%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 20268.3%-0.9 pts+3.1 pts
Q2 20269.1%+2.3 pts+3.0 pts
Q1 20266.8%-0.9 pts-0.2 pts
Q4 20257.7%+2.5 pts—
Q3 20255.2%-0.9 pts—
Q2 20256.1%-0.9 pts—
Q1 20257.0%——

Q3 2026 at a glance

Reinsurance Group of America, Q3 2026: revenue $7.5B (+22% year over year), operating margin 8.3%, net earnings $457M, operating cash flow −$1.4B. The chart follows the revenue to costs, profit and cash.

Questions

What is Reinsurance Group of America's operating margin?

Reinsurance Group of America's operating margin was 8.3% in Q3 2026 (third quarter 2026), -0.9 pts from Q2 2026.

How has Reinsurance Group of America's operating margin changed?

Over the last 7 quarters it ranged from 5.2% (Q3 2025) to 9.1% (Q2 2026).

Q3 2026 results → · How Reinsurance Group of America makes money →