American International Group, Inc. (AIG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 6.65B | 6.56B | 6.4B | 7.04B | 6.77B | 7.17B | 6.75B | 6.57B | 6.77B | 9.97B | 7.29B | 7.46B | 11.05B | 11.64B | 14.04B | 13.68B | 14.97B | 13.91B | 12.81B | 10.68B |
| Revenue Growth % | -1.83% | -8.59% | -5.23% | 7.19% | 0.01% | -28.05% | -7.3% | -11.99% | -38.69% | -14.35% | -48.11% | -45.44% | -26.21% | -16.34% | 9.62% | 28.09% | 3.84% | 43.28% | 25.33% | 13.46% |
| Medical Costs & Claims | 3.48B | 4.33B | 4.24B | 4.34B | 4.62B | 4.7B | 4.64B | 4.31B | 5.55B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Medical Cost Ratio % | 52.26% | 66.08% | 66.24% | 61.64% | 68.19% | 65.47% | 68.63% | 65.6% | 82.02% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Gross Profit | 3.17B | 2.22B | 2.16B | 2.7B | 2.15B | 2.48B | 2.12B | 2.26B | 1.22B | 9.97B | 7.29B | 7.46B | 11.05B | 11.64B | 14.04B | 13.68B | 14.97B | 13.91B | 12.81B | 10.68B |
| Gross Margin % | 47.74% | 33.92% | 33.76% | 38.36% | 31.81% | 34.53% | 31.37% | 34.4% | 17.98% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Gross Profit Growth % | 47.33% | -10.21% | 1.98% | 19.51% | 76.93% | -75.16% | -70.92% | -69.72% | -88.97% | -14.35% | -48.11% | -45.44% | -26.21% | -16.34% | 9.62% | 28.09% | 3.84% | 43.28% | 25.33% | 13.46% |
| Operating Expenses | 2.09B | 1.56B | 1.45B | 1.16B | 1.2B | 935M | 1.47B | 1.64B | 160M | 11.32B | 6.19B | 6.58B | 11.28B | 11.36B | 10.14B | 9.76B | 9.26B | 8.87B | 10.63B | 10.53B |
| OpEx / Revenue % | 31.4% | 23.84% | 22.6% | 16.43% | 17.64% | 13.03% | 21.76% | 25.01% | 2.36% | 113.5% | 84.9% | 88.13% | 102.09% | 97.6% | 72.2% | 71.31% | 61.83% | 63.72% | 83.01% | 98.62% |
| Depreciation & Amortization | 0 | 875M | 831M | 883M | 866M | 990M | 856M | 900M | 851M | 969M | 869M | 838M | 1.19B | 930M | 1.13B | 1.06B | 1.13B | 1.04B | 1.22B | 947M |
| Combined Ratio % | 83.65% | 89.92% | 88.85% | 78.07% | 85.83% | 78.5% | 90.39% | 90.61% | 84.38% | 113.5% | 84.9% | 88.13% | 102.09% | 97.6% | 72.2% | 71.31% | 61.83% | 63.72% | 83.01% | 98.62% |
| Operating Income | 1.09B | 661M | 714M | 1.54B | 960M | 1.54B | 649M | 617M | 1.06B | -1.35B | 1.1B | 886M | -231M | 279M | 3.9B | 3.92B | 5.71B | 5.05B | 2.18B | 147M |
| Operating Margin % | 16.35% | 10.08% | 11.15% | 21.93% | 14.17% | 21.5% | 9.61% | 9.39% | 15.62% | -13.5% | 15.1% | 11.87% | -2.09% | 2.4% | 27.8% | 28.69% | 38.17% | 36.28% | 16.99% | 1.38% |
| Operating Income Growth % | 13.23% | -57.13% | 10.02% | 150.24% | -9.26% | 214.56% | -41% | -30.36% | 558.01% | -582.44% | -71.82% | -77.43% | -104.04% | -94.47% | 79.41% | 2570.07% | 20.85% | 1004.66% | 491.3% | 101.52% |
| EBITDA | 1.09B | 1.54B | 1.54B | 2.43B | 1.83B | 2.53B | 1.5B | 1.52B | 1.91B | -377M | 1.97B | 1.72B | 955M | 1.21B | 5.04B | 4.98B | 6.85B | 6.09B | 3.4B | 1.09B |
| EBITDA Margin % | 16.35% | 23.43% | 24.13% | 34.47% | 26.96% | 35.3% | 22.28% | 23.09% | 28.19% | -3.78% | 27.02% | 23.1% | 8.64% | 10.39% | 35.86% | 36.41% | 45.74% | 43.77% | 26.51% | 10.24% |
| Interest Expense | 100M | 105M | 99M | 100M | 92M | 109M | 112M | 125M | 260M | 271M | 138M | 129M | 307M | 314M | 282M | 266M | 263M | 297M | 328M | 338M |
| Non-Operating Income | 0 | -105M | -99M | -100M | -92M | -113M | -112M | -125M | -116M | -271M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 987M | 661M | 714M | 1.54B | 960M | 1.55B | 649M | 617M | 1.06B | -1.35B | 1.1B | 886M | -231M | 279M | 3.9B | 3.92B | 5.71B | 5.05B | 2.18B | 147M |
| Pretax Margin % | 14.84% | 10.08% | 11.15% | 21.93% | 14.17% | 21.55% | 9.61% | 9.39% | 15.62% | -13.5% | 15.1% | 11.87% | -2.09% | 2.4% | 27.8% | 28.69% | 38.17% | 36.28% | 16.99% | 1.38% |
| Income Tax | 224M | -70M | 190M | 400M | 262M | 599M | 168M | 142M | 261M | -873M | 399M | 45M | -144M | 93M | 817M | 845M | 1.15B | 942M | 439M | -3M |
| Effective Tax Rate % | 22.7% | -10.59% | 26.61% | 25.91% | 27.29% | 38.75% | 25.89% | 23.01% | 24.67% | 64.86% | 36.27% | 5.08% | 62.34% | 33.33% | 20.93% | 21.53% | 20.2% | 18.66% | 20.17% | -2.04% |
| Net Income | 763M | 735M | 519M | 1.14B | 698M | 898M | 459M | -3.98B | 1.22B | 93M | 2.03B | 1.49B | 30M | 271M | 2.75B | 2.75B | 4.17B | 3.75B | 1.67B | 99M |
| Net Margin % | 11.47% | 11.21% | 8.11% | 16.25% | 10.3% | 12.52% | 6.79% | -60.54% | 17.95% | 0.93% | 27.82% | 20% | 0.27% | 2.33% | 19.57% | 20.13% | 27.87% | 26.92% | 13.01% | 0.93% |
| Net Income Growth % | 9.31% | -18.15% | 13.07% | 128.77% | -42.6% | 865.59% | -77.36% | -366.38% | 3953.33% | -65.68% | -26.24% | -45.79% | -99.28% | -92.77% | 64.85% | 2681.82% | 7.66% | 7167.92% | 478.82% | 101.25% |
| EPS (Diluted) | 2.11 | 1.35 | 0.93 | 1.98 | 1.16 | 1.50 | 0.71 | -5.96 | 1.74 | 0.12 | 2.81 | 2.03 | 0.03 | 0.34 | 3.55 | 3.43 | 5.04 | 4.75 | 1.92 | 0.11 |
| EPS Growth % | 81.9% | -10% | 30.99% | 133.22% | -33.33% | 1150% | -74.73% | -393.6% | 5700% | -64.71% | -20.85% | -40.82% | -99.4% | -92.84% | 84.9% | 3018.18% | 14.29% | 7886.89% | 500% | 101.2% |
| EPS (Basic) | 1.42 | 1.36 | 0.94 | 2.00 | 1.18 | 1.52 | 0.72 | -6.02 | 1.75 | 0.12 | 2.83 | 2.05 | 0.03 | 0.34 | 3.59 | 3.47 | 5.10 | 4.81 | 1.95 | 0.11 |
| Diluted Shares Outstanding | 542.2M | 546.4M | 578.4M | 588.5M | 599.24M | 627.29M | 647.37M | 666.96M | 687.96M | 708M | 718.73M | 730.55M | 744.1M | 787.94M | 771.13M | 800.73M | 826.01M | 864.88M | 864.02M | 872.88M |