HIG Q3 2025 Earnings Report — The Hartford Financial Services Group, Inc. Revenue & Financial Results | Market Cap Arena

The Hartford Financial Services Group, Inc.HIG

Q3 2025 Earnings

Reported October 27, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q3 2025	Q2 2025	Q3 2024	QoQ Change	YoY Change
Revenue	$7.2B	$7.0B	$6.7B	3.5%	7.7%
Op. Income	$1.3B	$1.2B	$952M	5.8%	38.4%
Gross Margin	47.6%	46.9%	14.6%	0.7pp	32.9pp
Net Margin	14.9%	14.2%	11.4%	0.7pp	3.5pp
EPS (Diluted)	$3.77	$3.44	$2.56	9.6%	47.3%
Free Cash Flow	$1.8B	$1.3B	$1.6B	43.3%	10.8%

Revenue Flow

Item	Amount
REVENUE	$7.2B
Cost of Revenue	$3.8B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.1B
Operating Expenses	$2.1B
Cost & Expenses	$5.9B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$50M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$238M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$75M
EBIT	$1.4B
EBITDA	$1.4B
EPS	$4
EPS Diluted	$4

Income Statement

Item	Amount
REVENUE	$7.2B
Cost of Revenue	$3.8B
GROSS PROFIT	$3.4B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$0
Other Expenses	$2.1B
Operating Expenses	$2.1B
Cost & Expenses	$5.9B
OPERATING INCOME	$1.3B
Interest Income	$0
Interest Expense	$50M
Other Income/Expenses	$0
INCOME BEFORE TAX	$1.3B
Income Tax Expense	$238M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$75M
EBIT	$1.4B
EBITDA	$1.4B
EPS	$4
EPS Diluted	$4

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$124M
Stock-Based Compensation	$65M
Deferred Income Tax	$0
Other Non-Cash Items	$422M
Change in Working Capital	$147M
OPERATING CASH FLOW	$1.8B
Capital Expenditure	-$45M
Acquisitions (Net)	$0
Purchases of Investments	-$3.2B
Sales/Maturities of Investments	$3.6B
Other Investing Activities	-$1.7B
NET CASH FROM INVESTING	-$1.3B
Net Debt Issuance	$0
Common Stock Repurchased	-$400M
Common Dividends Paid	-$147M
Other Financing Activities	$9M
NET CASH FROM FINANCING	-$544M
FREE CASH FLOW	$1.8B
Net Change in Cash	-$13M

Balance Sheet

Item	Amount
Cash & Equivalents	$150M
Short-Term Investments	$4.2B
Net Receivables	$6.6B
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$10.9B
PP&E (Net)	$925M
Goodwill	$1.9B
Intangible Assets	$584M
Long-Term Investments	$0
Tax Assets	$0
Other Non-Current Assets	$0
TOTAL NON-CURRENT ASSETS	$3.4B
TOTAL ASSETS	$85.0B
Account Payables	$614M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$614M
Long-Term Debt	$4.4B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$61.6B
TOTAL NON-CURRENT LIABILITIES	$65.9B
TOTAL LIABILITIES	$66.5B
Common Stock	$3M
Additional Paid-In Capital	$533M
Retained Earnings	$23.8B
Treasury Stock	-$4.2B
Accum. Other Comp. Income	-$2.0B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$18.4B
Minority Interest	$0
TOTAL EQUITY	$18.4B
TOTAL LIABILITIES & EQUITY	$85.0B
Total Debt	$4.4B
Net Debt	$4.2B