Allstate Reports $18.6 Billion Revenue for Second Quarter 2026

The Allstate Corporation reported strong financial results for the second quarter of 2026, with total revenues increasing 11.8% year-over-year to $18.6 billion. Net income applicable to common shareholders rose to $3.2 billion, up from $2.1 billion in the prior year quarter, while adjusted net income reached $2.3 billion.

Growth was driven by an increase in policies in force, higher average homeowners insurance prices, and strong investment results, including $1.1 billion in net gains on investments and derivatives. The company's Property-Liability segment saw underwriting income grow to $2.0 billion, aided by lower catastrophe losses.

To reward shareholders, the company returned $1.3 billion during the quarter through $1.0 billion in share repurchases and $280 million in dividends. Leadership attributed these outcomes to the execution of strategic growth plans and operational excellence.