How does Assured Guaranty (AGO) make money?

Assured Guaranty (AGO) primarily makes money through Insurance Segment, which accounts for 81.7% of total revenue. For TTM through Q1 2026, Assured Guaranty generated $951.00M in total revenue with a net profit margin of 43.6%.

What is Assured Guaranty (AGO) gross profit margin?

Assured Guaranty (AGO) reported a gross profit margin of 94.6% for TTM through Q1 2026, equivalent to $900.00M in gross profit. This means Assured Guaranty retains 94.6% of each revenue unit after direct costs of production.

What is Assured Guaranty (AGO) operating profit margin?

Assured Guaranty (AGO) reported an operating profit margin of 49.1% for TTM through Q1 2026, equivalent to $467.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Assured Guaranty (AGO) net profit margin?

Assured Guaranty (AGO) reported a net profit margin of 43.6% for TTM through Q1 2026, equivalent to $415.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

What is Assured Guaranty (AGO) free cash flow?

Assured Guaranty (AGO) generated $362.00M in free cash flow for TTM through Q1 2026 (38.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Assured Guaranty (AGO) effective tax rate?

Assured Guaranty (AGO) had an effective tax rate of 11% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

What are Assured Guaranty (AGO) main revenue segments?

Assured Guaranty (AGO) reports revenue across 2 reportable product segments, led by Insurance Segment at 81.7% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.

Where does Assured Guaranty (AGO) generate most of its revenue?

Geographically, 76.7% of Assured Guaranty (AGO) revenue came from UNITED STATES in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

How Assured Guaranty (AGO) Makes Money: A Visual Guide

Assured Guaranty (AGO) generated $951.00M in revenue, earning $415.00M in net profit (43.6% margin). Its largest revenue source is Insurance Segment (81.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

In TTM through Q1 2026, Assured Guaranty (AGO) generated revenue across 2 reportable product segments; the largest contributor was Insurance Segment at 81.7%, followed by Asset Management Segment (18.3%). Geographically, UNITED STATES accounted for 76.7% of revenue, followed by BERMUDA (18.1%) and UNITED KINGDOM (4.9%).

Assured Guaranty (AGO) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported February 27, 2026).

Assured Guaranty (AGO) Revenue by Product Segment — TTM through Q1 2026

Insurance Segment
Revenue
$777.31M
% of total
81.7%
Asset Management Segment
Revenue
$173.69M
% of total
18.3%
Total
Revenue
$951.00M
% of total
100%

Segment	Revenue	% of total
Insurance Segment	$777.31M	81.7%
Asset Management Segment	$173.69M	18.3%
Total	$951.00M	100%

View Assured Guaranty (AGO) revenue history

Assured Guaranty (AGO) Revenue by Geography — FY 2025 (period end December 31, 2025)

Quarterly geographic data is unavailable for this period, so the table reflects the company's last annual disclosure (FY 2025 (period end December 31, 2025)). The income statement above uses TTM through Q1 2026, so regional dollars and percentages will not match line-for-line.

UNITED STATES
Revenue
$749.00M
% of total
76.7%
BERMUDA
Revenue
$177.00M
% of total
18.1%
UNITED KINGDOM
Revenue
$48.00M
% of total
4.9%
Other Countries
Revenue
$2.00M
% of total
0.2%
Total
Revenue
$976.00M
% of total
100%

Region	Revenue	% of total
UNITED STATES	$749.00M	76.7%
BERMUDA	$177.00M	18.1%
UNITED KINGDOM	$48.00M	4.9%
Other Countries	$2.00M	0.2%
Total	$976.00M	100%

View Assured Guaranty (AGO) revenue history

Frequently asked questions

How does Assured Guaranty (AGO) make money?: Assured Guaranty (AGO) primarily makes money through Insurance Segment, which accounts for 81.7% of total revenue. For TTM through Q1 2026, Assured Guaranty generated $951.00M in total revenue with a net profit margin of 43.6%.
What is Assured Guaranty (AGO) gross profit margin?: Assured Guaranty (AGO) reported a gross profit margin of 94.6% for TTM through Q1 2026, equivalent to $900.00M in gross profit. This means Assured Guaranty retains 94.6% of each revenue unit after direct costs of production.
What is Assured Guaranty (AGO) operating profit margin?: Assured Guaranty (AGO) reported an operating profit margin of 49.1% for TTM through Q1 2026, equivalent to $467.00M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Assured Guaranty (AGO) net profit margin?: Assured Guaranty (AGO) reported a net profit margin of 43.6% for TTM through Q1 2026, equivalent to $415.00M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
What is Assured Guaranty (AGO) free cash flow?: Assured Guaranty (AGO) generated $362.00M in free cash flow for TTM through Q1 2026 (38.1% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Assured Guaranty (AGO) effective tax rate?: Assured Guaranty (AGO) had an effective tax rate of 11% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are Assured Guaranty (AGO) main revenue segments?: Assured Guaranty (AGO) reports revenue across 2 reportable product segments, led by Insurance Segment at 81.7% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Where does Assured Guaranty (AGO) generate most of its revenue?: Geographically, 76.7% of Assured Guaranty (AGO) revenue came from UNITED STATES in the most recent annual filing. The full regional split is shown in the revenue-by-geography table on this page.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?: Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?: Based on company filings through TTM through Q1 2026.