| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 1.9K | 7.0% | 5.8% |
| Total Income | 1.9K | 7.0% | 5.8% |
| Expenditure | 1.8K | 7.6% | 5.8% |
| PBT | 109.00 | 1.8% | 12.8% |
| Net Profit | 47.00 | 0.0% | 7.8% |
| OPM | — | ||
| NPM | 2.47% | 0.17pp | 0.37pp |
| EPS | 0.12 | 0.0% | 0.0% |
Genworth Financial Announces Second Quarter 2026 Results
06 Aug 2026 · 6 Aug, 1:54 am
Summary
Genworth Financial reported net income of $47 million, or $0.12 per diluted share, for the second quarter of 2026. Adjusted operating income, excluding the Closed Block, was $112 million ($0.29 per diluted share). Enact, a key segment, delivered $143 million in adjusted operating income, with primary new insurance written up 15% year-over-year. The company also highlighted strong capital returns from Enact, supporting a $62 million share repurchase program in the quarter, and ended the period with $215 million in holding company cash and liquid assets.
Key Highlights
- 1
Genworth Financial announced net income of $47 million, or $0.12 per diluted share, for the second quarter of 2026.
- 2
Adjusted operating income, excluding Closed Block, was $112 million, or $0.29 per diluted share, for Q2 2026.
- 3
Enact reported adjusted operating income of $143 million in the second quarter of 2026.
- 4
Primary new insurance written for Enact increased 15% versus the prior year, reaching $15,199 million in Q2 2026.
- 5
Genworth holding company cash and liquid assets stood at $215 million at the end of the second quarter of 2026.
- 6
The company repurchased $62 million of shares in the second quarter of 2026, contributing to $918 million in repurchases since program inception.
Management Comments
Jerome Upton
Our second quarter results reflect continued execution across our strategic priorities. Enact generated strong capital returns that supported our share repurchase program, we expanded the CareScout platform across home care and senior living communities, and we further strengthened the self-sustainability of the Closed Block. Together, these actions position Genworth to continue to drive sustainable long-term growth and create value for shareholders.
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