Strong Revenue and Earnings Growth
AMP grew revenue by 9.0% YoY to $4.886B in Q1 FY2026, while net income jumped 56.9% to $915M, reflecting significant improvement in profitability and operating leverage during the quarter.
AMERIPRISE FINANCIAL INC is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: AMP delivered strong Q1 FY2026 results with revenue rising 9.0% YoY to $4.886B and net income surging 56.9% to $915M, though operating cash flow declined sharply by 72.8% to $459M.
Drawn from management commentary in the Q1 2026 10-Q:
AMP grew revenue by 9.0% YoY to $4.886B in Q1 FY2026, while net income jumped 56.9% to $915M, reflecting significant improvement in profitability and operating leverage during the quarter.
Basic EPS rose 65.7% YoY to $9.81 and diluted EPS increased 66.0% to $9.68, outpacing net income growth and suggesting share count reduction from an accelerated buyback program ($874M in Q1 FY2026 vs. $730M prior year).
Operating cash flow fell sharply by 72.8% YoY to $459M from $1.686B, a notable divergence from reported net income of $915M, which may reflect working capital changes, timing of client flows, or other balance sheet movements typical in financial services.
Revenue
$4.89B
++9.04% YoY
EPS (Basic)
$9.81
++65.71% YoY
Add AMP to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.