Quarterly ResultMay 5, 2026, 04:26 PM
Jackson Q1 2026 Non-GAAP Earnings $361M, EPS $5.15
AI Summary
Jackson Financial Inc. announced its first quarter 2026 financial results, reporting Non-GAAP earnings of $361 million, or $5.15 per diluted common share, alongside a GAAP net loss of $(435) million, or $(6.24) per diluted common share. The company generated $288 million in free cash flow and returned $257 million in capital to common shareholders. Jackson is on track to meet its 2026 financial targets, including $900 million to $1.1 billion in capital return and free capital generation at or above $1.2 billion, supported by robust capital and liquidity.
Key Highlights
- Non-GAAP earnings were $361 million, or $5.15 per diluted common share.
- GAAP net loss was $(435) million, or $(6.24) per diluted common share.
- Free cash flow for Q1 2026 was $288 million.
- Capital returned to common shareholders totaled $257 million.
- Retail annuity sales increased 31% over Q1 2025.
- Holding company cash and highly liquid securities were nearly $650 million.
- On track for 2026 capital return target of $900 million to $1.1 billion.
- On track for 2026 free capital generation target at or above $1.2 billion.
Price Impact
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