American International Group, Inc. (AIG) Financial Statements

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American International financial statements at a glance

American International reported revenue of $26.77 billion for fiscal year 2025 (ended December 31, 2025), down 1.8% from fiscal year 2024. Net income was $3.10 billion, a net margin of 11.6%, and diluted earnings per share were $5.43.

At the end of fiscal year 2025 it had total assets of $161.25 billion, total liabilities of $120.09 billion and shareholders' equity of $41.14 billion, with cash and short-term investments of $38.41 billion and total debt of $9.19 billion.

Its operations brought in $3.31 billion of cash, leaving free cash flow of $3.31 billion.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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American International Group, Inc.

AIGUnited States
Financial Services
USD (Local)

Income Statement

Annual • USD

Total Revenue
26.77B
Revenue
-
Prev Year: 27.25B
Interest Income
192.00M
Other Income Expense
11.00M
Total Expenses
22.89B
Losses, Benefits, and Adjustments, Total
-
Prev Year: 14.57B
Loss Adjustment Expense
14.16B
Net Policyholder Benefits And Claims
14.16B
Selling General and Administrative
5.05B
General and Administrative Expense
5.05B
Other General and Administrative
5.05B
Net Non Operating Interest Income Expense
-396.00M
Non-operating Interest Expense
396.00M
Other Operating Expenses
-1.00M
Pre-tax Income
3.88B
SG&A Expenses
-
Prev Year: 5.53B
Provision for Income Taxes
782.00M
Prev Year: 1.17B
YoY: -33.2%
Operating Expenses
-
Prev Year: 22.92B
Net Income Common Stockholders
3.10B
Operating Income
-
Prev Year: 4.33B
Net Income
3.10B
Prev Year: -1.40B
YoY: +320.5%
Net Income Including Non-Controlling Interests
3.10B
Net Income from Continuing Operations
3.10B
Noncontrolling Interests
-1.00M
Diluted NI Available to Com Stockholders
3.10B
Interest Inc.(Exp.),Net-Non-Op., Total
-
Prev Year: -462.00M
Net Income from Continuing and Discontinued Operation
3.10B
Amortization of Policy Acquisition Costs
-
Prev Year: 3.42B
Normalized Income
3.03B
Net Investment Income
-
Prev Year: 3.66B
EBIT
4.28B
Net Income Before Taxes
-
Prev Year: 3.87B
Reconciled Depreciation
3.46B
Net Income from Continuing Operation Net Minority Interest
3.10B
Net Income After Taxes
-
Prev Year: 2.70B
Tax Rate for Calcs
0.202
Realized & Unrealized Gains (Losses)
-
Prev Year: 46.00M
Interest Expense
396.00M
Net Income Before Extra. Items
-
Prev Year: 2.22B
Tax Effect of Unusual Items
17.37M
Total Premiums Earned
-
Prev Year: 23.54B
Total Unusual Items
86.00M
Total Extraordinary Items
-
Prev Year: -3.63B
Total Unusual Items Excluding Goodwill
86.00M
Net Interest Income
-396.00M
Total Adjustments to Net Income
-
Prev Year: -22.00M
Weighted Average Shares (diluted)
570.35M
Income Available to Com Excl ExtraOrd
-
Prev Year: 2.20B
Weighted Average Shares (basic)
565.08M
Income Available to Com Incl ExtraOrd
-
Prev Year: -1.43B
Diluted EPS
5.43
Diluted Net Income
-
Prev Year: -1.43B
Basic EPS
5.48
Diluted Weighted Average Shares
-
Prev Year: 651.45M
Special Income Charges
86.00M
DPS - Common Stock Primary Issue
-
Prev Year: 1.56
Other Special Charges
-86.00M
Diluted Normalized EPS
-
Prev Year: 3.591
Operating Revenue
26.77B
Unusual Expense (Income)
-
Prev Year: -602.00M
Values in USD

American International key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$26.8B$27.3B$27.9B$30.0B$52.0B
Operating income$4.3B$4.3B$3.4B$4.4B$14.7B
Net income$3.1B-$1.4B$3.6B$10.2B$10.3B
Diluted EPS$5.43–––$11.95
Total assets$161.3B$161.3B$539.3B$522.2B$596.1B
Total liabilities$120.1B$118.8B$494.0B$481.3B$527.2B
Shareholders' equity$41.1B$42.5B$45.4B$41.0B$66.0B
Cash and short-term investments$38.4B–––$292.8B
Total debt$9.2B$8.9B$10.6B$27.2B$30.2B
Operating cash flow$3.3B$3.3B$6.2B$4.1B$6.2B
Free cash flow$3.3B–––$6.2B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was American International's revenue in fiscal year 2025?

$26.77 billion, down 1.8% from $27.25 billion in fiscal year 2024.

How much profit does American International make?

American International reported net income of $3.10 billion for fiscal year 2025 (11.6% of revenue); operating income was $4.28 billion.

How much cash and debt does American International have?

At the end of fiscal year 2025: cash and short-term investments of $38.41 billion and total debt of $9.19 billion.

What is American International's free cash flow?

$3.31 billion in fiscal year 2025 (operating cash flow of $3.31 billion).

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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