Allstate Q1 2026 net income rises to $2.4 billion; EPS $9.25 vs $2.11
Allstate reported first quarter 2026 results with revenues of $16.9 billion, up 3.0% from the prior year, and net income applicable to common shareholders of $2.4 billion, or $9.25 per diluted share, compared with $566 million a year earlier. Adjusted net income was $2.8 billion, or $10.65 per diluted share, and the company cited lower catastrophe losses and prior year reserve releases as drivers.
Key points
- Net income applicable to common shareholders was $2.4 billion ($9.25 per diluted share) versus $566 million ($2.11) in Q1 2025.
- Adjusted net income was $2.8 billion ($10.65 per diluted share) versus $949 million ($3.53) a year earlier.
- Property-Liability catastrophe losses fell 43.7% to $1.24 billion; the recorded combined ratio improved to 82.0 from 97.4.
- Net losses on investments and derivatives were $405 million; the investment portfolio total return was negative 0.2% for the quarter.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.