Filing Flows › Reinsurance Group of America (RGA) › Q2 2026 › vs Q2 2025
Reinsurance Group of America (RGA) Q2 2026 vs Q2 2025 (year over year)
Reinsurance Group of America's revenue rose $1.0B (+19%) from $5.6B in Q2 2025 to $6.6B in Q2 2026. Operating margin 9.1% against 6.1% (+3.0 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 Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 9.1% | 6.1% | +3.0 pts |
| Net margin | 7.0% | 3.2% | +3.8 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $6.6B | $5.6B | $1.0B | +19% |
| Operating profit | $605M | $341M | $264M | +77% |
| Costs & expenses | $6.0B | $5.3B | $774M | +15% |
| Pre-tax earnings | $605M | $341M | $264M | +77% |
| Net earnings | $464M | $181M | $283M | +156% |
| Income tax | $141M | $160M | −$19.0M | -12% |
| Operating cash sources | $968M | $1.0B | −$51.0M | -5% |
| Share-based compensation | $20.0M | $18.0M | $2.0M | +11% |
| Cash used in operations | $484M | $820M | −$336M | -41% |
| Working capital & other | $968M | $1.0B | −$51.0M | -5% |
Questions
How much did Reinsurance Group of America's revenue grow year over year in Q2 2026?
Reinsurance Group of America's revenue rose $1.0B (+19%) from $5.6B in Q2 2025 to $6.6B in Q2 2026. Operating margin 9.1% against 6.1% (+3.0 pts).