Filing Flows › Reinsurance Group of America (RGA) › Q3 2026 › vs Q3 2025
Reinsurance Group of America (RGA) Q3 2026 vs Q3 2025 (year over year)
Reinsurance Group of America's revenue rose $1.3B (+22%) from $6.2B in Q3 2025 to $7.5B in Q3 2026. Operating margin 8.3% against 5.2% (+3.1 pts).
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 draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 8.3% | 5.2% | +3.1 pts |
| Net margin | 6.1% | 4.1% | +1.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $7.5B | $6.2B | $1.3B | +22% |
| Operating profit | $624M | $320M | $304M | +95% |
| Costs & expenses | $6.9B | $5.9B | $1.0B | +18% |
| Pre-tax earnings | $624M | $320M | $304M | +95% |
| Net earnings | $457M | $255M | $202M | +79% |
| Income tax | $167M | $65.0M | $102M | +157% |
| Operating cash sources | $1.8B | $1.2B | $581M | +47% |
| Share-based compensation | $18.0M | $4.0M | $14.0M | +350% |
| Cash used in operations | $1.4B | $990M | $365M | +37% |
| Working capital & other | $1.8B | $1.2B | $581M | +47% |
Questions
How much did Reinsurance Group of America's revenue grow year over year in Q3 2026?
Reinsurance Group of America's revenue rose $1.3B (+22%) from $6.2B in Q3 2025 to $7.5B in Q3 2026. Operating margin 8.3% against 5.2% (+3.1 pts).