HIG Q2 2025 Earnings Report — The Hartford Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

The Hartford Financial Services Group, Inc.HIG

Q2 2025 Earnings

Reported July 28, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2025	Q1 2025	Q2 2024	QoQ Change	YoY Change
Revenue	$7.0B	$6.8B	$6.5B	2.6%	8.0%
Op. Income	$1.2B	$783M	$912M	59.1%	36.6%
Gross Margin	46.9%	41.3%	14.9%	5.6pp	32.0pp
Net Margin	14.2%	9.3%	11.4%	5.0pp	2.8pp
EPS (Diluted)	$3.44	$2.15	$2.44	60.0%	41.0%
Free Cash Flow	$1.3B	$947M	$1.2B	32.1%	4.3%

Revenue Flow

Item	Amount
REVENUE	$7.0B
Cost of Revenue	$3.7B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.0B
Operating Expenses	$2.0B
Cost & Expenses	$5.7B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$50M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$251M
Net Income from Continuing Ops	$995M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$995M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$990M
D&A	$94M
EBIT	$1.3B
EBITDA	$1.4B
EPS	$3
EPS Diluted	$3

Income Statement

Item	Amount
REVENUE	$7.0B
Cost of Revenue	$3.7B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.0B
Operating Expenses	$2.0B
Cost & Expenses	$5.7B
OPERATING INCOME	$1.2B
Interest Income	$0
Interest Expense	$50M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.2B
Income Tax Expense	$251M
Net Income from Continuing Ops	$995M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$995M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$990M
D&A	$94M
EBIT	$1.3B
EBITDA	$1.4B
EPS	$3
EPS Diluted	$3

Cash Flow Statement

Item	Amount
Net Income	$995M
Depreciation & Amortization	$94M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	-$11M
Change in Working Capital	$213M
OPERATING CASH FLOW	$1.3B
Capital Expenditure	-$40M
Acquisitions (Net)	-$209M
Purchases of Investments	-$2.9B
Sales/Maturities of Investments	$2.6B
Other Investing Activities	-$129M
NET CASH FROM INVESTING	-$743M
Net Debt Issuance	$0
Common Stock Repurchased	-$415M
Common Dividends Paid	-$149M
Other Financing Activities	$26M
NET CASH FROM FINANCING	-$543M
FREE CASH FLOW	$1.3B
Net Change in Cash	$3M

Balance Sheet

Item	Amount
Cash & Equivalents	$166M
Short-Term Investments	$3.6B
Net Receivables	$13.8B
Inventory	$0
Other Current Assets	-$7.1B
TOTAL CURRENT ASSETS	$10.5B
PP&E (Net)	$906M
Goodwill	$1.9B
Intangible Assets	$602M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$3.4B
TOTAL ASSETS	$83.6B
Account Payables	$612M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$612M
Long-Term Debt	$4.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$61.1B
TOTAL NON-CURRENT LIABILITIES	$65.5B
TOTAL LIABILITIES	$66.1B
Common Stock	$3M
Additional Paid-In Capital	$527M
Retained Earnings	$22.9B
Treasury Stock	-$3.8B
Accum. Other Comp. Income	-$2.4B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$17.5B
Minority Interest	$0
TOTAL EQUITY	$17.5B
TOTAL LIABILITIES & EQUITY	$83.6B
Total Debt	$4.4B
Net Debt	$4.2B