Quarterly ResultMay 14, 2026, 05:02 PM
Brookfield Wealth Solutions Q1 Net Loss $(602)M; Revenue $1.66B
AI Summary
Brookfield Wealth Solutions Ltd. reported a substantial increase in net loss for the first quarter of 2026, reaching $(602) million compared to $(282) million in the prior year period. Total revenues also saw a significant decline, falling to $1,656 million from $2,618 million year-over-year, primarily driven by increased investment-related losses and lower net premiums. The company's balance sheet reflected a decrease in total assets and total equity as of March 31, 2026, compared to December 31, 2025.
Key Highlights
- Brookfield Wealth Solutions reported a net loss of $(602) million for Q1 2026, significantly wider than the $(282) million loss in Q1 2025.
- Total revenues decreased to $1,656 million in Q1 2026 from $2,618 million in Q1 2025.
- Basic net loss per Class C share was $(2.25) for Q1 2026, compared to $(1.64) in Q1 2025.
- Investment related losses increased to $(696) million in Q1 2026 from $(103) million in Q1 2025.
- Net premiums declined to $687 million in Q1 2026 from $1,122 million in Q1 2025.
- Total assets decreased to $156,059 million as of March 31, 2026, from $157,181 million as of December 31, 2025.
- Total equity decreased to $16,891 million as of March 31, 2026, from $17,917 million as of December 31, 2025.
- Net cash from operating activities was $491 million in Q1 2026, down from $529 million in Q1 2025.