Filing Flows › Berkley W R (WRB) › Q3 2026
Berkley W R (WRB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
Berkley W R (WRB) reported revenue of $3.7B for the third quarter 2026 (Q3 2026), -0.8% from a year earlier and +0.6% from the quarter before. Operating margin was 15.4%, net earnings $448M (12.0% of revenue).
Berkley W R, Q3 2026: revenue $3.7B (-0.8% year over year), operating margin 15.4%, net earnings $448M, operating cash flow $731M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | +0.6% | -0.8% |
| Operating profit | $574M | -0.2% | -11% |
| Net earnings | $448M | -0.9% | -12% |
| Operating cash flow | $731M | -9% | -36% |
What changed
Revenue was $3.7B in Q3 2026, down 1% year over year and up 1% from the previous quarter.
Operating profit was $0.57B, a 15.4% margin (down 1.8 points year over year). Total costs grew 1% against a revenue fall of 1%. Net earnings were $0.45B, down 13% year over year. The effective tax rate was 21.9%.
Operating cash flow was $0.73B (down 36% year over year), 163% of net earnings. Non-cash charges added back $0.02B of share-based compensation. Working capital and other items added $0.26B.
Questions
What was Berkley W R's revenue in the third quarter 2026?
Berkley W R (WRB) reported revenue of $3.7B for the third quarter 2026 (Q3 2026), -0.8% from a year earlier and +0.6% from the quarter before.
Was Berkley W R profitable in the third quarter 2026?
Operating profit was $574M (15.4% of revenue) and net earnings $448M.
Source: Berkley W R 10-Q on SEC EDGAR.