Quarterly ResultApr 29, 2026, 04:45 PM
AFL Q1 Revenue $4.3B (+27.9%); Net Earnings $1.0B; Adj EPS $1.75 (+5.4%)
AI Summary
Aflac Incorporated reported solid first quarter 2026 results, with total revenues increasing 27.9% year over year to $4.3 billion. Net earnings reached $1.0 billion, or $1.98 per diluted share, significantly up from $29 million a year ago, primarily due to net investment gains. Adjusted earnings per diluted share increased 5.4% to $1.75. The company returned $1.3 billion to shareholders through $1.0 billion in share repurchases and $315 million in dividends, and the Board increased the first quarter dividend by 5.2%.
Key Highlights
- Total revenues increased 27.9% to $4.3 billion.
- Net earnings were $1.0 billion ($1.98 per diluted share), up from $29 million.
- Adjusted earnings per diluted share rose 5.4% to $1.75.
- Company returned $1.3 billion to shareholders ($1.0B share repurchase, $315M dividends).
- Board increased Q1 dividend 5.2%; declared $0.61 for Q2.
- Aflac Japan pretax adjusted earnings +8.3% (yen terms) to ¥119.1 billion.
- Aflac U.S. pretax adjusted earnings +1.4% to $363 million.
- Aflac Japan new annualized premium sales +25.5% to ¥17.7 billion ($113 million).