Filing Flows › Travelers Companies (TRV) › Q2 2025
Travelers Companies (TRV) Q2 2025 earnings results (second quarter 2025)
10-Q filed Jul 17, 2025
Travelers Companies (TRV) reported revenue of $12.1B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +3% from the quarter before. Operating margin was 15.5%, net earnings $1.5B (12.5% of revenue).
Travelers Companies, Q2 2025: revenue $12.1B (+7% year over year), operating margin 15.5%, net earnings $1.5B, operating cash flow $2.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.1B | +3% | +7% |
| Operating profit | $1.9B | +302% | +187% |
| Net earnings | $1.5B | +282% | +183% |
| Operating cash flow | $2.3B | +72% | +39% |
What changed
Revenue was $12.1B in Q2 2025, up 7% year over year and up 3% from the previous quarter.
Operating profit was $1.9B, a 15.5% margin (up 9.7 points year over year). Of the extra revenue versus a year earlier, 147% reached operating profit, above the 6% margin then. Total costs fell 4% while revenue rose 7%. Net earnings were $1.5B, up 183% year over year. The effective tax rate was 19.8%.
Operating cash flow was $2.3B (up 39% year over year), 155% of net earnings. Non-cash charges added back $0.16B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items added $0.60B.
Questions
What was Travelers Companies' revenue in the second quarter 2025?
Travelers Companies (TRV) reported revenue of $12.1B for the second quarter 2025 (Q2 2025), +7% from a year earlier and +3% from the quarter before.
Was Travelers Companies profitable in the second quarter 2025?
Operating profit was $1.9B (15.5% of revenue) and net earnings $1.5B.