American International Group (AIG) Q3 FY2026 earnings: revenue $7.4 billion, up 17.2% on the year

American International Group, Inc. (AIG) reported revenue of $7.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 17.2% on the same quarter a year earlier. Net income was $844 million, up 62.6% on the year, and diluted earnings per share $1.60. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.

Revenue

$7.4 billion

+17.2% on the year · +5.1% on the quarter

Q4 FY2024Q3 FY2026

Operating margin

15.0%

11.2% a year earlier

Q4 FY2024Q3 FY2026

Net income

$844 million

+62.6% on the year · -11.0% on the quarter

Q4 FY2024Q3 FY2026

Diluted EPS

$1.60

+72.0% on the year · -10.1% on the quarter

Q4 FY2024Q3 FY2026

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Net income up, AATI per share down: Net income per diluted share was $1.60 versus $0.93; AATI per diluted share was $2.06 versus $2.20. The company attributed the net income increase mainly to fair value changes in investments.
Underwriting income down, accident year up: General Insurance underwriting income was $564 million, down 29% from $793 million. Accident year underwriting income, ex-CAT, rose 6% to $756 million.
North America Commercial underwriting income fell: North America Commercial underwriting income fell 57% to $167 million from $384 million. Net premiums written rose 2% to $2.5 billion.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Revenue	7,443	7,085	6,351	+5.1%	+17.2%
Selling, general and administrative	1,266	1,231	1,297	+2.8%	-2.4%
Operating income	1,119	1,264	714	-11.5%	+56.7%
Operating margin	15.0%	17.8%	11.2%
Interest expense	101	100	99.0	+1.0%	+2.0%
Pre-tax income	1,119	1,264	714	-11.5%	+56.7%
Income tax	270	316	190	-14.6%	+42.1%
Effective tax rate	24.1%	25.0%	26.6%
Net income	844	948	519	-11.0%	+62.6%
Net margin	11.3%	13.4%	8.2%
Diluted EPS	$1.60	$1.78	$0.93	-10.1%	+72.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Operating cash flow	2,691	1,716	1,343	+56.8%	+100.4%
Cash from investing	-3,002	-752	-56.0
Cash from financing	453	-920	-1,532
Depreciation and amortisation	972	939	831	+3.5%	+17.0%
Buybacks	529	645	1,245	-18.0%	-57.5%
Dividends paid	260	263	246	-1.1%	+5.7%
Dividend per share	$0.50	$0.50	$0.45	0.0%	+11.1%
Diluted shares, weighted	527m	534m	559m	-1.2%	-5.6%
Shares outstanding at period end	519m	525m	544m	-1.1%	-4.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q3 FY2026	Q2 FY2026	Q3 FY2025	On the quarter	On the year
Shareholders' equity	38,883	40,606	41,085	-4.2%	-5.4%
Non-controlling interest	26.0	20.0	32.0	+30.0%	-18.8%
Other liabilities	122,952	122,838	122,298	+0.1%	+0.5%
Total liabilities and equity	161,861	163,464	163,415	-1.0%	-1.0%
Goodwill	3,423	3,422	3,439	+0.0%	-0.5%
Securities held for sale or to maturity	71,642	71,472	71,184	+0.2%	+0.6%
Loans	2,298	2,599	3,314	-11.6%	-30.7%
Cash and equivalents	1,787	1,565	1,594	+14.2%	+12.1%
Other assets	82,711	84,406	83,884	-2.0%	-1.4%
Total assets	161,861	163,464	163,415	-1.0%	-1.0%

Questions

What was American International Group's revenue in Q3 FY2026?

American International Group (AIG) reported revenue of $7.4 billion for Q3 FY2026, the quarter ended 30 September 2026, up 17.2% on the same quarter a year earlier.

How much did American International Group earn in Q3 FY2026?

Net income for Q3 FY2026 was $844 million, up 62.6% on the year, and diluted earnings per share $1.60.

When did American International Group report Q3 FY2026 results?

American International Group filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.

Quarterly results, the last 20 quarters

	Q4 FY2021 *	Q1 FY2022 †	Q2 FY2022 †	Q3 FY2022 †	Q4 FY2022 *	Q1 FY2023 †	Q2 FY2023 †	Q3 FY2023 †	Q4 FY2023	Q1 FY2024 †	Q2 FY2024	Q3 FY2024	Q4 FY2024 †	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	14,087	14,944	13,663	13,998	11,586	6,709	7,436	7,267	6,526	6,763	6,560	6,751	7,177	6,783	7,091	6,351	6,550	6,650	7,085	7,443
SG&A	2,244	2,164	2,206	2,075	2,698	1,980	1,494	1,311	2,134	1,238	1,610	1,346	1,335	1,115	1,162	1,297	1,479	1,137	1,231	1,266
Operating income	5,048	5,714	3,925	3,904	279	-4,506	886	1,100	-4,646	1,058	617	649	1,546	960	1,544	714	661	987	1,264	1,119
Operating margin	36%	38%	29%	28%	2%	-67%	12%	15%	-71%	16%	9%	10%	22%	14%	22%	11%	10%	15%	18%	15%
Interest expense	297	263	266	282	314	307	129	138	271	116	125	112	109	92.0	100	99.0	105	100	100	101
Pre-tax income	5,048	5,714	3,925	3,904	279	-231	886	1,100	-1,346	1,058	617	649	1,546	960	1,544	714	661	987	1,264	1,119
Tax rate	19%	20%	22%	21%	33%	n/a	5%	36%	n/a	25%	23%	26%	39%	27%	26%	27%	-11%	23%	25%	24%
Net income	3,746	4,173	2,754	2,748	271	30.0	1,493	2,027	93.0	1,216	-3,977	459	898	698	1,144	519	735	763	948	844
Net margin	27%	28%	20%	20%	2%	0%	20%	28%	1%	18%	-61%	7%	13%	10%	16%	8%	11%	11%	13%	11%
Diluted EPS	$4.38	$5.04	$3.43	$3.55	$0.58	$0.03	$2.03	$2.81	$0.11	$1.74	-$5.96	$0.71	$1.43	$1.16	$1.98	$0.93	$1.35	$1.41	$1.78	$1.60
Operating cash flow	515	39.0	574	3,387	189	497	614	3,510	1,622	521	930	1,699	125	-56.0	1,391	1,343	636	155	1,716	2,691
Buybacks	941	1,394	1,711	1,293	802	577	540	810	1,034	1,640	1,685	1,505	1,822	2,229	1,778	1,245	584	508	645	529
Dividends paid	264	258	248	240	236	234	260	254	249	243	261	254	244	234	254	246	242	241	263	260
Shares outstanding	819m	800m	771m	747m	734m	728m	718m	705m	689m	671m	650m	630m	606m	580m	560m	544m	538m	533m	525m	519m
Filing	10-K	10-Q	10-Q	10-Q	10-K	10-K	10-Q	10-Q	10-K	10-K	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. A quarter marked † is shown as the company last restated it in a later filing, so it compares with the quarters around it on one basis; rest on a figure for the one first filed. EPS is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 30 September 2026, filed 4 November 2026: the filing.