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Filing Flows › Reinsurance Group of America (RGA) › Q2 2026 › vs Q1 2026

Reinsurance Group of America (RGA) Q2 2026 vs Q1 2026 (quarter over quarter)

Reinsurance Group of America's revenue rose $143M (+2%) from $6.5B in Q1 2026 to $6.6B in Q2 2026. Operating margin 9.1% against 6.8% (+2.3 pts).

Reinsurance Group of America, Q2 2026: revenue $6.6B (+18% year over year), operating margin 9.1%, net earnings $464M, operating cash flow −$484M. The chart draws each line against Q1 2026, the increases inside each band.

Reinsurance Group of America: what changed, Q2 2026 vs Q1 2026Reinsurance Group of America: what changed, Q2 2026 vs Q1 2026Cash used in operations−$2.4BOperating cash sources−$2.3BWorking capital & other−$2.3BOperating profit$164MPre-tax earnings$164MNet earnings$133MIncome tax$31.0MCosts & expenses−$21.0MShare-based compensation−$1.0M

Margins

Q2 2026Q1 2026Change
Operating margin9.1%6.8%+2.3 pts
Net margin7.0%5.1%+1.9 pts

Every line

LineQ2 2026Q1 2026Change%
Revenue$6.6B$6.5B$143M+2%
Operating profit$605M$441M$164M+37%
Costs & expenses$6.0B$6.1B−$21.0M-0.3%
Pre-tax earnings$605M$441M$164M+37%
Net earnings$464M$331M$133M+40%
Income tax$141M$110M$31.0M+28%
Operating cash sources$968M$3.2B−$2.3B-70%
Share-based compensation$20.0M$21.0M−$1.0M-5%
Cash used in operations$484M$2.9B−$2.4B-83%
Working capital & other$968M$3.2B−$2.3B-70%

Questions

How much did Reinsurance Group of America's revenue grow quarter over quarter in Q2 2026?

Reinsurance Group of America's revenue rose $143M (+2%) from $6.5B in Q1 2026 to $6.6B in Q2 2026. Operating margin 9.1% against 6.8% (+2.3 pts).

Q2 2026 results → · Compare in the interactive Sankey →