Reinsurance Group of America, Incorporated (RZB) 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 | 6.49M | 6.64B | 6.2B | 5.6B | 5.23B | 5.28B | 5.65B | 4.88B | 6.34B | 5.01B | 5.17B | 4.19B | 4.25B | 4.38B | 4.05B | 3.89B | 3.93B | 4.36B | 4.04B | 4.13B |
| Revenue Growth % | -99.88% | 25.8% | 9.77% | 14.78% | -17.42% | 5.35% | 9.22% | 16.5% | 49.07% | 14.42% | 27.75% | 7.75% | 8.2% | 0.41% | 0.17% | -6.02% | -4.61% | 5.19% | 10.98% | 14.67% |
| Medical Costs & Claims | 0 | 4.77B | 4.36B | 4.04B | 3.82B | 3.94B | 4.12B | 3.71B | 5.13B | 3.84B | 274M | 275M | 3.06B | 1.01B | 3.05B | 243M | 226M | 253M | 3.29B | 240M |
| Medical Cost Ratio % | 0% | 71.91% | 70.22% | 72.25% | 73.04% | 74.75% | 72.84% | 76.1% | 80.98% | 76.63% | 5.3% | 6.57% | 72.05% | 23.06% | 75.26% | 6.25% | 5.75% | 5.81% | 81.35% | 5.8% |
| Gross Profit | 0 | 1.88B | 1.85B | 1.57B | 1.41B | 1.33B | 1.51B | 1.18B | 6.34B | 5.01B | 4.9B | 3.91B | 4.25B | 3.37B | 4.05B | 3.64B | 3.7B | 4.11B | 4.04B | 3.9B |
| Gross Margin % | 0% | 28.33% | 29.78% | 28.02% | 26.96% | 25.25% | 26.67% | 24.13% | 100% | 100% | 94.7% | 93.43% | 100% | 76.94% | 100% | 93.75% | 94.25% | 94.19% | 100% | 94.2% |
| Gross Profit Growth % | -100% | 41.14% | 22.56% | 33.3% | -77.73% | -73.4% | -69.24% | -69.91% | 49.07% | 48.71% | 20.99% | 7.38% | 14.8% | -17.98% | 0.17% | -6.47% | -5.17% | 4.69% | 10.98% | 13.96% |
| Operating Expenses | 0 | 1.37B | 1.53B | 1.23B | 1.04B | 1.11B | 1.29B | 908M | 971M | 46M | 622M | 624M | 825M | 644M | 1.06B | 636M | 581M | 659M | 786M | 579M |
| OpEx / Revenue % | 0% | 20.64% | 24.62% | 21.93% | 19.91% | 20.99% | 22.88% | 18.61% | 15.32% | 0.92% | 12.02% | 14.9% | 19.41% | 14.72% | 26.07% | 16.37% | 14.79% | 15.12% | 19.44% | 14% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 437M | 0 | 0 | 0 | 389M | 0 | 0 | 0 | 375M | 0 | 0 | 0 | 680M | 0 | 0 |
| Combined Ratio % | 0% | 92.56% | 94.84% | 94.18% | 92.95% | 95.73% | 95.72% | 94.71% | 96.31% | 77.55% | 17.32% | 21.47% | 91.46% | 37.77% | 101.33% | 22.62% | 20.54% | 20.93% | 100.79% | 19.81% |
| Operating Income | 0 | 510M | 6.2B | 341M | 369M | 225M | 214M | 269M | 6.34B | 4.96B | 452M | 328M | 4.25B | 436M | 4.05B | 191M | 310M | 59M | 4.04B | 527M |
| Operating Margin % | 0% | 7.69% | 100.02% | 6.09% | 7.05% | 4.27% | 3.79% | 5.51% | 100% | 99.08% | 8.74% | 7.83% | 100% | 9.96% | 100% | 4.92% | 7.89% | 1.35% | 100% | 12.74% |
| Operating Income Growth % | -100% | 126.67% | 2799.07% | 26.77% | -94.18% | -95.46% | -52.65% | -17.99% | 49.07% | 1037.84% | -88.84% | 71.73% | 1271.29% | 638.98% | 0.17% | -63.76% | 32.48% | -72.69% | 10.98% | 118.67% |
| EBITDA | 0 | -860.46M | -18M | 429M | 451M | 662M | 295M | 344M | 343M | 5.35B | 452M | 328M | 406M | 811M | -28M | 297M | -18M | 739M | 8M | 525M |
| EBITDA Margin % | 0% | -12.97% | -0.29% | 7.66% | 8.62% | 12.55% | 5.22% | 7.05% | 5.41% | 106.85% | 8.74% | 7.83% | 9.55% | 18.53% | -0.69% | 7.64% | -0.46% | 16.96% | 0.2% | 12.7% |
| Interest Expense | 99K | 98M | 98M | 88M | 82M | 88M | 81M | 75M | 71M | 69M | 72M | 63M | 53M | 56M | 49M | 42M | 42M | 1M | 41M | 43M |
| Non-Operating Income | 0 | -112M | -96M | -88M | -82M | -88M | -81M | -75M | -71M | 4.96B | 4.7B | 3.83B | 4.25B | -1.02B | 4.05B | 1M | -42M | -692M | 4.04B | 3.61B |
| Pretax Income | 441K | 510M | 320M | 341M | 369M | 225M | 214M | 269M | 272M | 164M | 380M | 265M | 351M | 271M | -77M | 254M | -60M | 57M | -34M | 482M |
| Pretax Margin % | 6.79% | 7.69% | 5.16% | 6.09% | 7.05% | 4.27% | 3.79% | 5.51% | 4.29% | 3.28% | 7.34% | 6.33% | 8.26% | 6.19% | -1.9% | 6.54% | -1.53% | 1.31% | -0.84% | 11.66% |
| Income Tax | 110K | 45M | 65M | 160M | 81M | 75M | 56M | 65M | 60M | 4M | 91M | 58M | 98M | 65M | -2M | 55M | 3M | -99M | -12M | 138M |
| Effective Tax Rate % | 24.94% | 8.82% | 20.31% | 46.92% | 21.95% | 33.33% | 26.17% | 24.16% | 22.06% | 2.44% | 23.95% | 21.89% | 27.92% | 23.99% | 2.6% | 21.65% | -5% | -173.68% | 35.29% | 28.63% |
| Net Income | 331K | 463M | 253M | 180M | 286M | 150K | 156M | 203M | 210M | 158M | 287M | 205M | 252M | 204M | -76M | 198M | -63M | 156M | -22M | 344M |
| Net Margin % | 5.1% | 6.98% | 4.08% | 3.21% | 5.47% | 0% | 2.76% | 4.16% | 3.31% | 3.16% | 5.55% | 4.9% | 5.93% | 4.66% | -1.88% | 5.1% | -1.6% | 3.58% | -0.54% | 8.32% |
| Net Income Growth % | -99.88% | 308566.67% | 62.18% | -11.33% | 36.19% | -99.91% | -45.64% | -0.98% | -16.67% | -22.55% | 477.63% | 3.54% | 500% | 30.77% | -245.45% | -42.44% | -145.32% | 18.18% | -110.33% | 117.72% |
| EPS (Diluted) | 0.00 | 6.92 | 3.78 | 2.70 | 4.27 | 2.21 | 2.33 | 3.03 | 3.13 | 2.37 | 4.28 | 3.01 | 3.71 | 3.01 | 4.18 | 2.91 | -0.94 | 2.30 | -0.32 | 4.99 |
| EPS Growth % | -100% | 213.12% | 62.23% | -10.89% | 36.42% | -6.75% | -45.56% | 0.66% | -15.63% | -21.26% | 2.39% | 3.44% | 494.68% | 30.87% | 1406.25% | -41.68% | -146.08% | 19.17% | -110.22% | 102.02% |
| EPS (Basic) | 0.00 | 7.06 | 3.83 | 2.72 | 4.33 | 2.25 | 2.36 | 3.08 | 3.18 | 2.40 | 4.35 | 3.06 | 3.72 | 3.06 | 4.24 | 2.96 | -0.94 | 2.32 | -0.32 | 5.06 |
| Diluted Shares Outstanding | 0 | 67M | 67M | 67M | 67M | 66.98M | 67M | 67M | 67M | 66.72M | 67M | 68M | 68M | 67.79M | 68M | 68M | 67M | 67.93M | 68M | 69M |