Loews Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 2, 2026, reporting third-quarter net income attributable to the company of $306 million, down from $504 million in the same period of 2025.

Key Highlights

  • Q3 Net Income: Net income attributable to Loews Corporation was $306 million for the three months ended September 30, 2026, compared with $504 million for the three months ended September 30, 2025.
  • Basic and Diluted EPS: Basic and diluted net income per share was $1.50 for the third quarter of 2026, versus $2.43 in the prior-year quarter.
  • Nine-Month Net Income: Net income attributable to Loews Corporation for the nine months ended September 30, 2026 was $1,087 million, compared with $1,265 million for the nine months ended September 30, 2025.
  • Total Assets: Total assets stood at $85,328 million as of September 30, 2026, down from $86,348 million as of December 31, 2025.
  • Treasury Stock Purchases: The company purchased $169 million of Loews Corporation treasury stock during the third quarter of 2026, with 3,244,857 shares held in treasury as of September 30, 2026.
  • Shares Outstanding: As of October 30, 2026, there were 202,225,230 shares of common stock outstanding.
  • Comprehensive Loss: Total comprehensive loss attributable to Loews Corporation was $636 million for the three months ended September 30, 2026, driven primarily by unrealized losses on investments of $1,842 million, after tax.

Loews Corporation Reports Lower Q3 2026 Earnings and Comprehensive Loss

According to the filing, Loews Corporation (NYSE:L) reported total revenues of $4,759 million for the three months ended September 30, 2026, compared with $4,671 million in the prior-year quarter. Insurance premiums contributed $2,829 million in Q3 2026 versus $2,783 million in Q3 2025, while net investment income was $713 million compared with $743 million a year earlier. Non-insurance warranty revenue declined to $357 million from $393 million.

Total expenses for the third quarter of 2026 were $4,353 million, up from $3,982 million in Q3 2025. The filing reported that insurance claims and policyholders' benefits included a re-measurement loss of $222 million for the three months ended September 30, 2026, compared with $36 million in the same period of 2025. Income before income tax was $406 million in Q3 2026, down from $689 million in Q3 2025. For the nine months ended September 30, 2026, income before income tax was $1,481 million, compared with $1,742 million for the same period of 2025.

On the balance sheet, total investments were $53,511 million as of September 30, 2026, versus $55,376 million at December 31, 2025. Total shareholders' equity declined to $18,304 million from $18,686 million over the same period, with accumulated other comprehensive loss widening to $2,117 million from $1,067 million, according to the filing. Goodwill increased to $475 million from $349 million. The company paid dividends of $0.0625 per share during the third quarter of 2026, the same rate as the prior-year quarter.

What Was Disclosed

Loews Corporation's 10-Q for the quarter ended September 30, 2026 disclosed financial statements including the balance sheet, income statement, and equity changes, showing lower quarterly net income, a comprehensive loss for the quarter, reduced total assets, and continued share repurchase activity.