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Travelers Companies (TRV) Q2 2026 earnings results (second quarter 2026)

10-Q filed Jul 17, 2026

Travelers Companies (TRV) reported revenue of $12.2B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +2% from the quarter before. Operating margin was 22.8%, net earnings $2.2B (18.2% of revenue).

Revenue$12.2B
Year over year+0.3%
Quarter over quarter+2%
Operating margin22.8%
Net earnings$2.2B

Travelers Companies, Q2 2026: revenue $12.2B (+0.3% year over year), operating margin 22.8%, net earnings $2.2B, operating cash flow $1.9B. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$12.2B+2%+0.3%
Operating profit$2.8B+31%+47%
Net earnings$2.2B+29%+46%
Operating cash flow$1.9B-13%-18%

What changed

Revenue was $12.2B in Q2 2026, roughly flat year over year and up 2% from the previous quarter.

Operating profit was $2.8B, a 22.8% margin (up 7.2 points year over year). Of the extra revenue versus Q2 2025, 2395% reached operating profit, above the 16% margin then. Total costs fell 8% while revenue was flat. Net earnings were $2.2B, up 46% year over year. The effective tax rate was 20.2%.

Operating cash flow was $1.9B (down 18% year over year), 87% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.06B of share-based compensation. Working capital and other items used $0.52B.

Questions

What was Travelers Companies' revenue in the second quarter 2026?

Travelers Companies (TRV) reported revenue of $12.2B for the second quarter 2026 (Q2 2026), +0.3% from a year earlier and +2% from the quarter before.

Was Travelers Companies profitable in the second quarter 2026?

Operating profit was $2.8B (22.8% of revenue) and net earnings $2.2B.

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Source: Travelers Companies 10-Q on SEC EDGAR.