Allstate (ALL) Q3 FY2026 earnings: revenue $17.3 billion, up 0.5% on the year
Allstate Corp. (ALL) reported revenue of $17.3 billion for Q3 FY2026, the quarter ended 30 September 2026, up 0.5% on the same quarter a year earlier. Net income was $2.1 billion, down 44.5% on the year, and diluted earnings per share $8.03. The figures are the company's own, from the 10-Q it filed with the SEC on 4 November 2026.
Revenue
$17.3 billion
+0.5% on the year · -6.7% on the quarter
Q4 FY2024Q3 FY2026
Operating margin
15.1%
23.8% a year earlier
Q4 FY2024Q3 FY2026
Net income
$2.1 billion
-44.5% on the year · -36.4% on the quarter
Q4 FY2024Q3 FY2026
Diluted EPS
$8.03
-42.4% on the year · -35.8% on the quarter
Q4 FY2024Q3 FY2026
this quarterthe same quarter a year earlierHover a bar for its figure.
What management said
Net income fell on catastrophe losses: Net income applicable to common shareholders was $2.05 billion, or $8.03 per diluted share, versus $3.72 billion a year earlier. The company cited higher catastrophe losses, the prior-year gain on the group health sale, and net investment losses.
Adjusted net income and per-share fell: Adjusted net income was $2.49 billion, or $9.76 per diluted share, against $2.98 billion, or $11.17 per diluted share, a year earlier.
Combined ratio rose on catastrophe losses: The recorded combined ratio was 86.6, 6.5 points above last year, driven by 7.1 points of higher catastrophe losses.
$ million except per share. Read moreFree 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
Last 8 quarters
Operating cash flow
3,783
2,634
3,284
+43.6%
+15.2%
Capital expenditure
62.0
43.0
48.0
+44.2%
+29.2%
Free cash flow
3,721
2,591
3,236
+43.6%
+15.0%
Free cash flow margin
21.4%
13.9%
18.8%
Cash from investing
-2,554
-1,161
-2,805
Cash from financing
-1,520
-1,330
-634
Depreciation and amortisation
81.0
86.0
115
-5.8%
-29.6%
Buybacks
1,239
1,051
360
+17.9%
+244.2%
Dividends paid
275
280
264
-1.8%
+4.2%
Dividend per share
$1.08
$1.08
$1.00
0.0%
+8.0%
Diluted shares, weighted
255m
259m
266m
-1.5%
-4.2%
Shares outstanding at period end
249m
254m
262m
-2.0%
-5.0%
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
Last 8 quarters
Shareholders' equity
32,311
33,698
27,505
-4.1%
+17.5%
Non-controlling interest
-19.0
-20.0
-16.0
Debt
7,494
7,492
8,089
+0.0%
-7.4%
Other liabilities
88,063
83,586
84,824
+5.4%
+3.8%
Total liabilities and equity
127,849
124,756
120,402
+2.5%
+6.2%
Fixed assets
589
591
601
-0.3%
-2.0%
Goodwill
3,118
3,118
3,118
0.0%
0.0%
Investments
n/a
n/a
8,743
Securities held for sale or to maturity
60,246
60,809
n/a
-0.9%
Cash and equivalents
549
840
931
-34.6%
-41.0%
Other assets
63,347
59,398
107,009
+6.6%
-40.8%
Total assets
127,849
124,756
120,402
+2.5%
+6.2%
Questions
What was Allstate's revenue in Q3 FY2026?
Allstate (ALL) reported revenue of $17.3 billion for Q3 FY2026, the quarter ended 30 September 2026, up 0.5% on the same quarter a year earlier.
How much did Allstate earn in Q3 FY2026?
Net income for Q3 FY2026 was $2.1 billion, down 44.5% on the year, and diluted earnings per share $8.03.
When did Allstate report Q3 FY2026 results?
Allstate filed its 10-Q for the quarter ended 30 September 2026 with the SEC on 4 November 2026.
Each quarter as filed, linked to its filing. Read moreA 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.