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Brighthouse Financial, Inc. Q2 FY26 Results

BHFQ2 FY26 Results
Filing
MetricValue ($ M)Q1 FY26Q2 FY25
Revenue1.6K6.2%86.2%
Total Income1.6K6.2%86.2%
Expenditure396.0084.3%49.1%
PBT1.2K224.3%1218.3%
Net Profit981.00228.1%1054.1%
OPM
NPM60.48%110.65pp50.72pp
EPS16.62220.3%1513.6%
View full financials

Brighthouse Financial Announces Second Quarter 2026 Results

06 Aug 2026 · 6 Aug, 2:01 am

Summary

Brighthouse Financial announced its second quarter 2026 results, reporting net income available to shareholders of $956 million, or $16.53 per diluted share, a significant increase from $60 million, or $1.02 per diluted share, in the prior year quarter. Adjusted earnings were $258 million, or $4.45 per diluted share, up from $198 million, or $3.43 per diluted share, in Q2 2025. Annuity sales were strong at $2.4 billion, primarily driven by Shield Level Annuities, while Life sales increased to $39 million. The company maintained a robust estimated combined RBC ratio between 430% and 450%.

Key Highlights

  1. 1

    Brighthouse Financial reported net income available to shareholders of $956 million, or $16.53 per diluted share, for the second quarter of 2026.

  2. 2

    Adjusted earnings for the second quarter of 2026 were $258 million, or $4.45 per diluted share, an increase from $198 million, or $3.43 per diluted share, in the second quarter of 2025.

  3. 3

    Annuity sales reached $2.4 billion in the second quarter of 2026, driven by record sales of Shield Level Annuities exceeding $2.1 billion.

  4. 4

    Life sales for the second quarter of 2026 totaled $39 million, representing a 22% increase sequentially and an 18% increase quarter-over-quarter.

  5. 5

    The company ended the second quarter of 2026 with common stockholders' equity of $4.9 billion, or $84.35 per common share.

  6. 6

    Estimated combined risk-based capital (RBC) ratio was between 430% and 450%, holding company liquid assets of $0.9 billion.

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