AIG Q1 2023 Earnings — American International Group, Inc. Revenue & Financial Results | Market Cap Arena

AIGAmerican International Group, Inc.

$42B

Q1 2023 Earnings

Financial Services Insurance - Diversified

Income Statement

Revenue

$11.0B-26.2% YoY

Gross Profit

$11.0B100.0% margin

Operating Income

-$231M-2.1% margin

Net Income

$30M0.3% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$497M

Free Cash Flow

$497M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$536.6B

Total Liabilities

$490.3B

Stockholders' Equity

$43.3B

Cash & Equivalents

$1.9B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11.0B	$15.0B	-26.2%
Gross Profit	$11.0B	$15.0B	-26.2%
Operating Income	-$231M	$5.7B	-104.0%
Net Income	$30M	$4.2B	-99.3%

Revenue Segments

General Insurance Segment

$7.0B56%

Life and Retirement

$5.4B43%

Corporate Nonsegment and Reconciling Items

$68M1%