Filing Flows › Reinsurance Group of America (RGA) › Q2 2026
Reinsurance Group of America (RGA) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Reinsurance Group of America (RGA) reported revenue of $6.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +2% from the quarter before. Operating margin was 9.1%, net earnings $464M (7.0% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.6B | +2% | +19% |
| Operating profit | $605M | +37% | +77% |
| Net earnings | $464M | +40% | +156% |
| Operating cash flow | −$484M | — | — |
What changed
Revenue was $6.6B in Q2 2026, up 19% year over year and up 2% from the previous quarter.
Operating profit was $0.60B, a 9.1% margin (up 3.0 points year over year). Of the extra revenue versus Q2 2025, 25% reached operating profit, above the 6% margin then. Total costs grew 15% against revenue growth of 19%. Net earnings were $0.46B, up 157% year over year. The effective tax rate was 23.3%.
Operating cash flow was −$0.48B. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items used $1.0B.
Questions
What was Reinsurance Group of America's revenue in the second quarter 2026?
Reinsurance Group of America (RGA) reported revenue of $6.6B for the second quarter 2026 (Q2 2026), +19% from a year earlier and +2% from the quarter before.
Was Reinsurance Group of America profitable in the second quarter 2026?
Operating profit was $605M (9.1% of revenue) and net earnings $464M.