| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.5K | 36.1% |
| Total Income | 1.5K | 36.1% |
| Expenditure | 2.5K | 8.4% |
| PBT | -986.00 | 178.5% |
| Net Profit | -766.00 | 185.8% |
| OPM | — | |
| NPM | -50.16% | 38.95pp |
| EPS | -13.82 | 174.2% |
Brighthouse Financial Announces Q1 2026 Results: Net Loss of $792 Million
07 May 2026 · 7 May, 1:58 am
Summary
Brighthouse Financial reported its financial results for the first quarter ended March 31, 2026. The company announced a net loss available to shareholders of $792 million, or $13.82 per diluted share, compared to a net loss of $294 million in the first quarter of 2025. Adjusted earnings for the quarter were $239 million, or $4.15 per diluted share, compared to $235 million, or $4.01 per diluted share, for the first quarter of 2025. Annuity sales were $2.2 billion, while life sales totaled $32 million. The company's estimated combined RBC ratio was between 430% and 450%.
Key Highlights
- 1
Brighthouse Financial's estimated combined risk-based capital ratio is between 430% and 450%.
- 2
The company's holding company liquid assets totaled $0.9 billion.
- 3
Annuity sales reached $2.2 billion, driven by $1.9 billion in Shield Level Annuities sales.
- 4
Life sales totaled $32 million, primarily driven by Brighthouse SmartCare sales.
- 5
The company reported a net loss available to shareholders of $792 million, or $13.82 per diluted share.
- 6
Adjusted earnings, less notable items, were $251 million, or $4.35 per diluted share.
- 7
The company ended the quarter with a book value of $3.9 billion, or $67.27 per common share.
Informational and educational content only. Not investment advice.