The Allstate Corporation (ALL) Income Statement
ALL 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsALL revenue and net income
Where ALL's revenue goes
2025Each bar shows an amount and its share of revenue. ALL kept 15.5% of revenue as net income.
ALL profit margins
ALL growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.6% | +8.9% | +8.2% | +6.4% |
| Gross profit | +52.3% | −20.5% | −10.8% | −3.5% |
| Operating income | +128.4% | — | +17.4% | +14.9% |
| Net income | +120.3% | — | +13.0% | +16.8% |
| EPS (diluted) | +102.0% | — | +19.9% | +21.6% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ALL quarterly EPS vs estimates
Allstate beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $6.75).
ALL income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $66.46B | $63.52B | $56.59B | $51.41B | $50.59B | $44.79B | $44.67B | $39.81B | $38.52B | $36.53B |
| Cost of revenue | $44.37B | $49.02B | $49.42B | $7.45B | $7.26B | $5.73B | $5.69B | $5.87B | $4.66B | $4.11B |
| Gross profit | $22.09B | $14.50B | $7.17B | $43.97B | $43.33B | $39.06B | $38.98B | $33.95B | $33.87B | $32.43B |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $30.0M | $37.0M | $9.0M | $116.0M | $644.0M | $51.0M | $114.0M | $468.0M | $4.66B | $4.11B |
| Total operating expenses | $8.93B | $8.74B | $7.52B | $53.27B | $49.87B | $38.90B | $39.64B | $37.19B | $34.53B | $33.78B |
| Operating income | $13.16B | $5.76B | −$348.0M | −$1.86B | $716.0M | $5.89B | $5.04B | $2.63B | $3.99B | $2.75B |
| Interest expense | $399.0M | $400.0M | $379.0M | $335.0M | $330.0M | $318.0M | $327.0M | $332.0M | $335.0M | $295.0M |
| Income before taxes | $13.16B | $5.76B | −$348.0M | −$1.86B | $6.45B | $6.96B | $6.09B | $2.74B | $3.99B | $2.75B |
| Income taxes | $2.89B | $1.16B | −$135.0M | −$494.0M | $1.29B | $1.38B | $1.24B | $492.0M | $802.0M | $877.0M |
| Net income | $10.28B | $4.67B | −$188.0M | −$1.36B | $5.16B | $5.58B | $4.85B | $2.16B | $3.19B | $1.88B |
| EBITDA | $14.04B | $6.72B | $735.0M | −$1.50B | $1.09B | $6.01B | $5.16B | $3.14B | $4.47B | $3.14B |
| EPS (diluted) | $36.77 | $18.20 | $0.91 | −$1.10 | $13.38 | $14.81 | $10.45 | $8.03 | $6.71 | $4.89 |
| Gross margin | 33.2% | 22.8% | 12.7% | 85.5% | 85.6% | 87.2% | 87.3% | 85.3% | 87.9% | 88.8% |
| Operating margin | 19.8% | 9.1% | −0.6% | −3.6% | 1.4% | 13.2% | 11.3% | 6.6% | 10.4% | 7.5% |
| Net margin | 15.5% | 7.3% | −0.3% | −2.7% | 10.2% | 12.4% | 10.8% | 5.4% | 8.3% | 5.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.60B | $16.94B | $16.59B | $17.06B | $16.55B | $16.26B | $16.34B | $16.50B | $15.62B | $15.05B | $14.78B | $14.50B |
| Cost of revenue | $12.13B | $9.26B | $7.80B | $10.82B | $12.51B | $13.23B | $11.42B | $12.76B | $13.09B | $11.74B | $10.97B | $1.77B |
| Gross profit | $6.46B | $7.68B | $8.79B | $6.24B | $4.03B | $3.03B | $4.92B | $3.73B | $2.53B | $3.32B | $3.81B | $12.73B |
| Sales, general & admin | $2.31B | $4.40B | $5.0M | $108.0M | $0 | $78.0M | $119.0M | $26.0M | $9.0M | $2.0M | $47.0M | $149.0M |
| Total operating expenses | $2.22B | $4.47B | $3.87B | $1.42B | $1.33B | $2.31B | $2.47B | $2.32B | $2.10B | $1.85B | $1.98B | $14.52B |
| Operating income | $4.24B | $3.21B | $4.92B | $4.82B | $2.70B | $719.0M | $2.45B | $1.42B | $430.0M | $1.46B | $1.83B | −$21.0M |
| Interest expense | $96.0M | $98.0M | $98.0M | $101.0M | $100.0M | $100.0M | $101.0M | $104.0M | $98.0M | $97.0M | $107.0M | $88.0M |
| Income before taxes | $4.14B | $3.11B | $4.92B | $4.82B | $2.70B | $719.0M | $2.45B | $1.42B | $430.0M | $1.46B | $1.83B | −$21.0M |
| Income taxes | $871.0M | $650.0M | $1.09B | $1.07B | $604.0M | $123.0M | $559.0M | $254.0M | $83.0M | $266.0M | $340.0M | $17.0M |
| Net income | $3.27B | $2.46B | $3.83B | $3.75B | $2.11B | $595.0M | $1.93B | $1.19B | $331.0M | $1.22B | $1.49B | −$5.0M |
| EBITDA | $4.32B | $3.33B | $5.12B | $5.04B | $2.93B | $951.0M | $2.70B | $1.66B | $660.0M | $1.69B | $2.10B | $155.0M |
| EPS (diluted) | $8.99 | $10.65 | $14.31 | $11.17 | $7.76 | $3.53 | $7.07 | $4.39 | $1.61 | $5.13 | $5.82 | $0.81 |
| Gross margin | 34.7% | 45.3% | 53.0% | 36.6% | 24.4% | 18.6% | 30.1% | 22.6% | 16.2% | 22.0% | 25.8% | 87.8% |
| Operating margin | 22.8% | 18.9% | 29.6% | 28.2% | 16.3% | 4.4% | 15.0% | 8.6% | 2.8% | 9.7% | 12.4% | −0.1% |
| Net margin | 17.6% | 14.5% | 23.1% | 22.0% | 12.7% | 3.7% | 11.8% | 7.2% | 2.1% | 8.1% | 10.1% | −0.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ALL's financial statements (latest annual report filed February 20, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ALL financial results
In fiscal year 2025 (ended December 31, 2025), Allstate reported revenue of $66.5 billion, up 4.6% from the year before. It had net income of $10.3 billion (up 120.3%), a net profit margin of 15.5%. Diluted earnings per share came to $36.77. Over five years revenue grew at an average rate of 8.2% a year.
See the ALL stock overview for the latest quote and news, or the ALL chart for price history and technical indicators.
ALL income statement FAQ
What is Allstate's annual revenue?
Allstate reported total revenue of $66.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.6% from $63.5 billion the previous year.
Is Allstate profitable?
Yes. Allstate reported net income of $10.3 billion in fiscal 2025, a net profit margin of 15.5%; its operating margin was 19.8%.
What is Allstate's gross margin?
Allstate's gross margin was 33.2% in fiscal 2025: for every $100 of revenue, Allstate kept $33 after the direct cost of its products and services.
How fast is Allstate growing?
Revenue grew 8.2% a year on average over the last five fiscal years, from $44.8 billion to $66.5 billion.
What are Allstate's earnings per share?
Allstate earned $36.77 per diluted share in fiscal 2025, compared with $18.20 a year earlier.
When will Allstate report its next earnings?
Allstate is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Allstate's fiscal year end?
Allstate's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 20, 2026.