NYSE$RGA
Reinsurance Group America Inc · Q1 2026 earnings
Q1 2026 earnings · · After market close · Investor relations
Briefing
Reinsurance Group of America reported Q1 2026 total revenues of $6.49B and net income of $331M, with diluted EPS of $4.98.
For the quarter ended March 31, 2026, RGA earned $331 million net income on $6.49 billion total revenues, up from $288 million and $5.26 billion a year ago. Diluted EPS was $4.98 versus $4.27. Net premiums rose to $4.60 billion and net investment income to $1.70 billion; total benefits and expenses increased with higher claims and policy acquisition costs.
- Total revenues $6.49B (+24% YoY); net income $331M (+15%).
- Diluted EPS $4.98 vs $4.27; basic EPS $5.04.
- Net premiums $4.60B; net investment income $1.70B.
- Income before taxes $441M; provision for income taxes $110M.
- Investment-related losses of $170M partially offset investment income gains.
Headline financials
Revenue & EPS history
RGA · Revenue · Quarterly
$6.49B
Forward guidance
The 10-Q discusses pricing, mortality trends, and capital management without quarterly EPS guidance.
Tailwinds
- Strong top-line growth in premiums and investment income.
- Higher net income and EPS year over year.
Headwinds
- Large unrealized investment losses in OCI.
- Sensitivity to mortality, longevity, and credit markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
-0.1%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+2.0%
Avg return
30 days after
51%
34 / 67 earnings
Positive
+11.5%
Q2 2020
Best reaction
-13.6%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.4% | -2.5% | -3.9% | |
| Q4 2025 | +9.4% | +7.1% | +0.6% | |
| Q3 2025 | -3.9% | -0.9% | +0.5% | |
| Q1 2025 | +5.7% | +6.6% | +8.7% | |
| Q4 2024 | -9.6% | -13.6% | -17.3% | |
| Q3 2024 | +0.1% | -0.9% | +6.3% | |
| Q2 2024 | -8.5% | -12.4% | -2.1% | |
| Q1 2024 | +5.6% | +6.4% | +9.9% | |
| Q4 2023 | -3.9% | -4.0% | +1.5% | |
| Q3 2023 | +2.4% | +4.4% | +10.1% | |
| Q2 2023 | -1.5% | -1.9% | -2.5% | |
| Q1 2023 | +5.3% | +6.7% | +5.2% | |
| Q4 2022 | -6.5% | -2.1% | -3.5% | |
| Q3 2022 | -0.3% | -0.2% | +0.7% | |
| Q2 2022 | +6.6% | +7.7% | +7.6% | |
| Q1 2022 | +7.1% | +4.6% | +11.3% | |
| Q4 2021 | -1.7% | +2.2% | -9.4% | |
| Q3 2021 | -9.3% | -9.0% | -18.0% | |
| Q2 2021 | +5.4% | +9.6% | +6.5% | |
| Q1 2021 | -4.4% | -3.7% | -2.6% | |
| Q4 2020 | +3.7% | +3.2% | +18.5% | |
| Q3 2020 | +4.9% | +15.8% | +21.9% | |
| Q2 2020 | +11.5% | +8.1% | +11.1% | |
| Q1 2020 | -13.6% | -5.9% | -3.7% | |
| Q4 2019 | -3.9% | -5.3% | -15.5% | |
| Q3 2019 | +0.1% | +2.8% | +2.0% | |
| Q2 2019 | -5.7% | -7.1% | -7.8% | |
| Q1 2019 | +0.7% | +0.2% | -0.8% | |
| Q4 2018 | -4.1% | -2.6% | -3.3% | |
| Q3 2018 | +6.6% | +9.4% | +14.0% | |
| Q2 2018 | -1.4% | +1.9% | +3.3% | |
| Q1 2018 | -0.5% | -2.4% | -4.3% | |
| Q4 2017 | -0.8% | -3.6% | -4.7% | |
| Q3 2017 | +6.0% | +4.0% | +10.4% | |
| Q2 2017 | +3.7% | +5.0% | +1.9% | |
| Q1 2017 | -4.2% | -2.6% | -3.7% | |
| Q4 2016 | -0.2% | +1.1% | +5.2% | |
| Q3 2016 | +1.0% | -0.1% | +13.5% | |
| Q2 2016 | +3.5% | +3.0% | +9.1% | |
| Q1 2016 | -1.8% | — | — | |
| Q4 2015 | -1.3% | — | — | |
| Q3 2015 | -7.0% | — | — | |
| Q2 2015 | -0.2% | — | — | |
| Q1 2015 | -1.7% | — | — | |
| Q4 2014 | +3.2% | — | — | |
| Q3 2014 | +2.9% | — | — | |
| Q2 2014 | +1.7% | — | — | |
| Q1 2014 | -4.5% | — | — | |
| Q4 2011 | +2.4% | — | — | |
| Q4 2013 | +2.0% | — | — | |
| Q3 2013 | +2.2% | — | — | |
| Q2 2013 | -6.1% | — | — | |
| Q1 2013 | +1.6% | — | — | |
| Q4 2012 | +2.7% | — | — | |
| Q3 2012 | -9.0% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | +0.8% | — | — | |
| Q3 2011 | +1.9% | — | — | |
| Q2 2011 | -7.0% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q4 2009 | -0.3% | — | — | |
| Q4 2010 | -0.3% | — | — | |
| Q3 2009 | +2.2% | — | — | |
| Q3 2010 | +2.2% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q2 2009 | +1.5% | — | — |
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