CNA Financial Corporation (CNA) 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 | 3.68B | 3.76B | 3.75B | 3.64B | 3.57B | 3.61B | 3.55B | 3.44B | 3.39B | 3.44B | 3.31B | 3.25B | 3.13B | 3.11B | 2.99B | 2.92B | 2.87B | 2.95B | 2.87B | 3.03B |
| Revenue Growth % | 2.97% | 3.99% | 5.58% | 5.54% | 5.34% | 5% | 7.35% | 6.03% | 8.41% | 10.57% | 10.56% | 11.27% | 9.07% | 5.63% | 4.11% | -3.6% | 1.56% | 4.84% | 4.55% | 11.28% |
| Medical Costs & Claims | 2.17B | 2.63B | 2.52B | 2.55B | 2.5B | 2.49B | 2.48B | 2.32B | 2.25B | 2.25B | 2.25B | 2.18B | 2.03B | 2.07B | 2.26B | 1.98B | 1.82B | 2.02B | 2B | 1.9B |
| Medical Cost Ratio % | 59.15% | 69.87% | 67.08% | 70.24% | 69.95% | 68.97% | 69.73% | 67.26% | 66.4% | 65.27% | 68.08% | 67.16% | 64.98% | 66.58% | 75.64% | 67.64% | 63.55% | 68.7% | 69.59% | 62.83% |
| Gross Profit | 1.5B | 1.13B | 1.23B | 1.08B | 1.07B | 1.12B | 1.07B | 1.13B | 1.14B | 1.2B | 1.06B | 1.07B | 1.09B | 1.04B | 729M | 945M | 1.04B | 922M | 874M | 1.13B |
| Gross Margin % | 40.85% | 30.13% | 32.92% | 29.76% | 30.05% | 31.03% | 30.27% | 32.74% | 33.6% | 34.73% | 31.92% | 32.84% | 35.02% | 33.42% | 24.36% | 32.36% | 36.45% | 31.3% | 30.41% | 37.17% |
| Gross Profit Growth % | 39.98% | 0.98% | 14.79% | -4.08% | -5.79% | -6.19% | 1.8% | 5.72% | 4.02% | 14.9% | 44.86% | 12.91% | 4.78% | 12.8% | -16.59% | -16.07% | 9.08% | -3.86% | 13.07% | 52.57% |
| Operating Expenses | 1.2B | 754M | 721M | 702M | 724M | 1.1B | 714M | 726M | 712M | 735M | 730M | 706M | 724M | 746M | 780M | 718M | 690M | 592M | 560M | 664M |
| OpEx / Revenue % | 32.69% | 20.07% | 19.23% | 19.31% | 20.27% | 30.45% | 20.11% | 21.07% | 21% | 21.36% | 22.07% | 21.73% | 23.15% | 23.97% | 26.07% | 24.59% | 24.07% | 20.1% | 19.49% | 21.92% |
| Depreciation & Amortization | 0 | 17M | 18M | 18M | 17M | 16M | 17M | 18M | 16M | 29M | 16M | 16M | 12M | 13M | 13M | 12M | 13M | 13M | 14M | 13M |
| Combined Ratio % | 91.84% | 89.94% | 86.32% | 89.55% | 90.23% | 99.42% | 89.83% | 88.33% | 87.4% | 86.63% | 90.15% | 88.89% | 88.14% | 90.55% | 101.7% | 92.23% | 87.62% | 88.8% | 89.07% | 84.75% |
| Operating Income | 300M | 378M | 513M | 380M | 349M | 21M | 361M | 402M | 427M | 460M | 326M | 361M | 371M | 294M | -51M | 227M | 355M | 330M | 314M | 462M |
| Operating Margin % | 8.16% | 10.06% | 13.68% | 10.45% | 9.77% | 0.58% | 10.17% | 11.67% | 12.6% | 13.37% | 9.85% | 11.11% | 11.86% | 9.45% | -1.7% | 7.77% | 12.38% | 11.2% | 10.93% | 15.25% |
| Operating Income Growth % | -14.04% | 1700% | 42.11% | -5.47% | -18.27% | -95.43% | 10.74% | 11.36% | 15.09% | 56.46% | 739.22% | 59.03% | 4.51% | -10.91% | -116.24% | -50.87% | -6.08% | -30.96% | 25.6% | 153.85% |
| EBITDA | 300M | 395M | 531M | 398M | 366M | 37M | 378M | 420M | 443M | 489M | 342M | 377M | 383M | 307M | -38M | 239M | 368M | 343M | 328M | 475M |
| EBITDA Margin % | 8.16% | 10.51% | 14.16% | 10.95% | 10.25% | 1.02% | 10.64% | 12.19% | 13.07% | 14.21% | 10.34% | 11.6% | 12.25% | 9.87% | -1.27% | 8.18% | 12.84% | 11.64% | 11.41% | 15.68% |
| Interest Expense | 33M | 36M | 36M | 31M | 32M | 32M | 32M | 34M | 35M | 34M | 34M | 31M | 28M | 28M | 28M | 28M | 28M | 28M | 28M | 29M |
| Non-Operating Income | 0 | -36M | -36M | -31M | -32M | -32M | -32M | -34M | -35M | -34M | -34M | -31M | -28M | -28M | -28M | -28M | -28M | -28M | -28M | -29M |
| Pretax Income | 267M | 378M | 513M | 380M | 349M | 21M | 361M | 402M | 427M | 460M | 326M | 361M | 371M | 294M | -51M | 227M | 355M | 330M | 314M | 462M |
| Pretax Margin % | 7.26% | 10.06% | 13.68% | 10.45% | 9.77% | 0.58% | 10.17% | 11.67% | 12.6% | 13.37% | 9.85% | 11.11% | 11.86% | 9.45% | -1.7% | 7.77% | 12.38% | 11.2% | 10.93% | 15.25% |
| Income Tax | -56M | 76M | 110M | 81M | 75M | 0 | 78M | 85M | 89M | 93M | 68M | 78M | 74M | 46M | -9M | 37M | 60M | 64M | 58M | 94M |
| Effective Tax Rate % | -20.97% | 20.11% | 21.44% | 21.32% | 21.49% | 0% | 21.61% | 21.14% | 20.84% | 20.22% | 20.86% | 21.61% | 19.95% | 15.65% | 17.65% | 16.3% | 16.9% | 19.39% | 18.47% | 20.35% |
| Net Income | 323M | 302M | 403M | 299M | 274M | 21M | 283M | 317M | 338M | 367M | 258M | 283M | 297M | 248M | -42M | 190M | 295M | 266M | 256M | 368M |
| Net Margin % | 8.78% | 8.04% | 10.75% | 8.22% | 7.67% | 0.58% | 7.97% | 9.2% | 9.97% | 10.67% | 7.8% | 8.71% | 9.5% | 7.97% | -1.4% | 6.51% | 10.29% | 9.03% | 8.91% | 12.15% |
| Net Income Growth % | 17.88% | 1338.1% | 42.4% | -5.68% | -18.93% | -94.28% | 9.69% | 12.01% | 13.8% | 47.98% | 714.29% | 48.95% | 0.68% | -6.77% | -116.41% | -48.37% | -5.45% | -31.27% | 20.19% | 143.71% |
| EPS (Diluted) | 0.78 | 1.11 | 1.48 | 1.10 | 1.00 | 0.08 | 1.04 | 1.17 | 1.24 | 1.35 | 0.95 | 1.04 | 1.09 | 1.04 | 1.09 | 0.69 | 1.15 | 0.98 | 0.94 | 1.35 |
| EPS Growth % | -22% | 1341.56% | 42.31% | -5.98% | -19.35% | -94.3% | 9.47% | 12.5% | 13.76% | 29.81% | -12.84% | 50.72% | -5.22% | 6.12% | 15.96% | -48.89% | 0.88% | -30.99% | 18.99% | 145.45% |
| EPS (Basic) | 0.78 | 1.11 | 1.49 | 1.10 | 1.01 | 0.08 | 1.04 | 1.17 | 1.24 | 1.35 | 0.95 | 1.04 | 1.09 | 1.04 | 1.09 | 0.70 | 1.15 | 0.98 | 0.94 | 1.35 |
| Diluted Shares Outstanding | 270.51M | 272.3M | 272.3M | 272.2M | 272.6M | 272.9M | 272.7M | 272.6M | 272.7M | 272.2M | 272.3M | 272M | 272.3M | 272M | 272.3M | 272.6M | 272.9M | 272.9M | 272.7M | 272.8M |