How does Assured Guaranty (AGO) make money?

Assured Guaranty (AGO) generates revenue primarily from Insurance Segment, which accounted for 81.7% of total revenue in TTM through Q1 2026. The company reported $951.00M in revenue and converted 43.6% of it into net profit, equivalent to roughly $415.00M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Assured Guaranty (AGO)?

Assured Guaranty (AGO) reported a gross profit margin of 94.6% in TTM through Q1 2026, equivalent to $900.00M in gross profit on $951.00M in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Assured Guaranty (AGO)?

Assured Guaranty (AGO) reported an operating profit margin of 49.1% in TTM through Q1 2026, equivalent to $467.00M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Assured Guaranty (AGO)?

Assured Guaranty (AGO) reported a net profit margin of 43.6% in TTM through Q1 2026, equivalent to $415.00M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Assured Guaranty (AGO) profitable?

Yes. Assured Guaranty (AGO) reported $415.00M in net income for TTM through Q1 2026, with a net profit margin of 43.6%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much free cash flow does Assured Guaranty (AGO) generate?

Assured Guaranty (AGO) generated $362.00M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 38.1%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Assured Guaranty (AGO)?

Assured Guaranty (AGO) had an effective tax rate of 11% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Assured Guaranty (AGO)?

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. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Assured Guaranty Makes Money: 2026 Visual Revenue Map

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

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported May 8, 2026).

Assured Guaranty discloses geographic revenue only in annual filings. to view the full breakdown.

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

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Assured Guaranty (AGO) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Insurance Segment	$777.31M	81.7%
Asset Management Segment	$173.69M	18.3%
Total	$951.00M	100%

Insurance Segment$777.31M
Asset Management Segment$173.69M
Total$951.00M

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Assured Guaranty (AGO) reports revenue across 2 operating segments; the largest segment was Insurance Segment at 81.7%, followed by Asset Management Segment (18.3%).

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Assured Guaranty (AGO) Key Financials

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

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

Revenue Breakdown — TTM through Q1 2026

Frequently asked questions

+How does Assured Guaranty (AGO) make money?

+What is the gross profit margin of Assured Guaranty (AGO)?

+What is the operating profit margin of Assured Guaranty (AGO)?

+What is the net profit margin of Assured Guaranty (AGO)?

+Is Assured Guaranty (AGO) profitable?

+How much free cash flow does Assured Guaranty (AGO) generate?

+What is the effective tax rate of Assured Guaranty (AGO)?

+What are the main business segments of Assured Guaranty (AGO)?

Data & methodology

+What is a Sankey diagram?

+How is the data calculated?

+Where do segment and geographic numbers come from?

+When was this data last updated?

Assured Guaranty (AGO) Key Financials

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