---
title: "American International: Business Model"
description: "American International Group revenue by region from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/american-international-group/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# American International Group: Business Model & Revenue Engine



## Direct Answer

American International Group reports revenue across 2 geographic regions in its fiscal 2025 Form 10-K. International is the largest, with $14.1 billion of revenue (53% of the total), followed by North America at $12.7 billion (47%).

## How Does American International Group Make Money?

No single region supplies a majority of revenue: the largest, International, is 53%, which spreads American International Group's exposure across several demand drivers. Between fiscal 2024 and 2025, International grew fastest (-1.0%) and North America slowest (-2.5%), so the revenue mix tilts toward International while that gap lasts.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| International | $14.1 billion | $14.2 billion | 52.6% | -1.0% |
| North America | $12.7 billion | $13.0 billion | 47.4% | -2.5% |

![Bar chart of American International Group revenue by region for fiscal 2025: International 52.6%, North America 47.4%.](https://www.getswoopr.com/images/charts/american-international-group-business-model-segment-mix.webp)
*American International Group revenue by region as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## What the Segment Figures Do Not Show

The rows above add up to 100% of American International Group's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value American International Group reported in the segment note and revenue disclosures of its Form 10-K filed February 12, 2026 (accession 0000005272-26-000023), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are American International Group's main regions?

In its fiscal 2025 Form 10-K, American International Group reports revenue for International and North America.

### Which part of American International Group brings in the most revenue?

International, with $14.1 billion of revenue in fiscal 2025, or 53% of the total.

### Where does American International Group report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed February 12, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: AMERICAN INTERNATIONAL GROUP, INC. Form 10-K filed February 12, 2026](https://www.sec.gov/Archives/edgar/data/5272/000000527226000023/aig-20251231.htm)
- [SEC EDGAR: AMERICAN INTERNATIONAL GROUP, INC. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=5272&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

## Related Pages

- [American International Group company dossier](https://www.getswoopr.com/stocks/companies/american-international-group/)
- [American International Group financial metrics](https://www.getswoopr.com/stocks/companies/american-international-group/metrics/)
- [American International Group financial risk indicators](https://www.getswoopr.com/stocks/companies/american-international-group/risks/)
- [American International Group peer comparison](https://www.getswoopr.com/stocks/companies/american-international-group/competitors/)
- [American International Group business model and revenue mix](https://www.getswoopr.com/stocks/companies/american-international-group/business-model/)
- [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/)





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