Filing Flows › Travelers Companies (TRV) › Q2 2026
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).
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 2026 | Amount | Q/Q | Y/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.