Filing Flows › Travelers Companies (TRV) › Q1 2026
Travelers Companies (TRV) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 16, 2026
Travelers Companies (TRV) reported revenue of $11.9B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before. Operating margin was 17.8%, net earnings $1.7B (14.3% of revenue).
Travelers Companies, Q1 2026: revenue $11.9B (+1% year over year), operating margin 17.8%, net earnings $1.7B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.9B | -4% | +1% |
| Operating profit | $2.1B | -32% | +353% |
| Net earnings | $1.7B | -31% | +333% |
| Operating cash flow | $2.2B | -18% | +62% |
What changed
Revenue was $11.9B in Q1 2026, up 1% year over year and down 4% from the previous quarter.
Operating profit was $2.1B, a 17.8% margin (up 13.8 points year over year). Of the extra revenue versus Q1 2025, 1448% reached operating profit, above the 4% margin then. Total costs fell 14% while revenue rose 1%. Net earnings were $1.7B, up 333% year over year. The effective tax rate was 19.3%.
Operating cash flow was $2.2B (up 62% year over year), 128% of net earnings. Non-cash charges added back $0.19B of depreciation and amortization and $0.09B of share-based compensation. Working capital and other items added $0.21B.
Questions
What was Travelers Companies' revenue in the first quarter 2026?
Travelers Companies (TRV) reported revenue of $11.9B for the first quarter 2026 (Q1 2026), +1% from a year earlier and -4% from the quarter before.
Was Travelers Companies profitable in the first quarter 2026?
Operating profit was $2.1B (17.8% of revenue) and net earnings $1.7B.