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Brighthouse Financial (BHFAO) Financials

Brighthouse Financial logo
$16.58 +0.18 (+1.07%)
Closing price 05/6/2026 03:10 PM Eastern
Extended Trading
$16.50 -0.07 (-0.45%)
As of 05/6/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Brighthouse Financial

Annual Income Statements for Brighthouse Financial

This table shows Brighthouse Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
1,119 -2,939 -378 865 -761 -1,105 1,554 3,775 -1,214 286 331
Consolidated Net Income / (Loss)
1,119 -2,939 -378 870 -735 -1,056 1,648 3,884 -1,107 393 438
Net Income / (Loss) Continuing Operations
1,119 -2,939 -378 870 -735 -1,056 1,648 3,884 -1,107 393 438
Total Pre-Tax Income
1,462 -4,705 -615 989 -1,052 -1,419 2,009 4,732 -1,474 422 474
Total Revenue
8,891 3,018 6,842 8,965 6,554 8,503 4,976 6,873 4,117 4,724 6,766
Net Interest Income / (Expense)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income
8,891 3,018 6,842 8,965 6,554 8,503 4,976 6,873 4,117 4,724 6,766
Other Service Charges
4,432 4,518 4,549 4,232 3,969 3,876 3,430 2,913 2,778 2,695 2,716
Net Realized & Unrealized Capital Gains on Investments
2,780 -2,722 1,430 3,833 1,703 3,861 839 3,298 511 1,259 3,355
Premiums Earned
1,679 1,222 863 900 882 766 707 662 828 770 695
Total Non-Interest Expense
7,429 7,723 7,457 7,976 7,606 9,922 2,967 2,141 5,591 4,302 6,292
Property & Liability Insurance Claims
4,528 5,068 4,747 4,351 4,733 6,803 4,015 3,531 4,501 4,430 3,993
Amortization of Deferred Policy Acquisition Costs
781 371 227 1,050 382 766 637 629 620 599 609
Current and Future Benefits
- - - - - - -4,134 -4,104 -1,507 -2,673 -268
Other Operating Expenses
2,120 2,284 2,483 2,575 2,491 2,353 2,449 2,085 1,977 1,946 1,958
Income Tax Expense
343 -1,766 -237 119 -317 -363 361 848 -367 29 36
Preferred Stock Dividends Declared
- - 0.00 0.00 21 44 89 104 102 102 102
Net Income / (Loss) Attributable to Noncontrolling Interest
- 0.00 0.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00 5.00
Basic Earnings per Share
$9.34 ($24.54) ($3.16) $7.24 ($6.76) ($11.58) $18.54 $51.73 ($18.39) $4.67 $5.75
Weighted Average Basic Shares Outstanding
- - 119.77M 119.50M 112.60M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M
Diluted Earnings per Share
$9.34 ($24.54) ($3.16) $7.21 ($6.76) ($11.58) $18.39 $51.30 ($18.39) $4.64 $5.71
Weighted Average Diluted Shares Outstanding
- - 119.77M 119.50M 112.60M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M
Weighted Average Basic & Diluted Shares Outstanding
- - 119.77M 119.50M 112.60M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M

Quarterly Income Statements for Brighthouse Financial

This table shows Brighthouse Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-200 453 -942 -519 9.00 150 646 -294 60 453 112
Consolidated Net Income / (Loss)
-175 481 -916 -491 34 178 672 -266 85 481 138
Net Income / (Loss) Continuing Operations
-175 481 -916 -491 34 178 672 -266 85 481 138
Total Pre-Tax Income
-237 590 -1,174 -614 14 188 834 -354 93 585 150
Total Revenue
263 1,170 1,400 74 1,427 2,018 1,205 2,390 871 1,816 1,689
Total Non-Interest Income
263 1,170 1,400 74 1,427 2,018 1,205 2,390 871 1,816 1,689
Other Service Charges
731 667 681 581 721 703 690 679 696 674 667
Net Realized & Unrealized Capital Gains on Investments
-679 309 493 -709 525 1,135 308 1,525 9.00 972 849
Premiums Earned
211 194 226 202 181 180 207 186 166 170 173
Total Non-Interest Expense
500 580 2,574 688 1,413 1,830 371 2,744 778 1,231 1,539
Property & Liability Insurance Claims
1,141 1,016 1,235 1,470 1,151 578 1,231 1,210 1,248 309 1,226
Amortization of Deferred Policy Acquisition Costs
157 155 152 151 150 150 148 148 149 153 159
Current and Future Benefits
-1,300 -1,064 663 -1,440 -356 610 -1,487 893 -1,101 289 -349
Other Operating Expenses
502 473 524 507 468 492 479 493 482 480 503
Income Tax Expense
-62 109 -258 -123 -20 10 162 -88 8.00 104 12
Preferred Stock Dividends Declared
25 26 25 26 25 26 25 26 25 26 25
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 2.00 1.00 2.00 0.00 2.00 1.00 2.00 0.00 2.00 1.00
Basic Earnings per Share
($3.01) $6.92 ($14.58) ($8.22) $0.12 $2.49 $10.28 ($5.04) $1.03 $7.93 $1.83
Weighted Average Basic Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M
Diluted Earnings per Share
($3.01) $6.89 ($14.55) ($8.22) $0.12 $2.47 $10.27 ($5.04) $1.02 $7.89 $1.84
Weighted Average Diluted Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M
Weighted Average Basic & Diluted Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M

Annual Cash Flow Statements for Brighthouse Financial

This table details how cash moves in and out of Brighthouse Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-33 3,658 -3,371 2,288 -1,268 1,231 366 -359 -264 1,194 342
Net Cash From Operating Activities
4,631 3,736 3,396 3,062 1,828 888 641 -1,228 -137 -290 259
Net Cash From Continuing Operating Activities
4,631 3,736 3,396 3,062 1,828 888 641 -1,228 -137 -290 259
Net Income / (Loss) Continuing Operations
1,119 -2,939 -378 870 -735 -1,056 1,648 3,884 -1,107 393 438
Consolidated Net Income / (Loss)
1,119 -2,939 -378 870 -735 -1,056 1,648 3,884 -1,107 393 438
Amortization Expense
-240 -235 -276 -264 -283 -260 -254 -233 -282 -330 -320
Non-Cash Adjustments to Reconcile Net Income
-1,390 4,840 324 -2,831 63 -2,204 -2,722 -3,873 1,629 -282 -1,045
Changes in Operating Assets and Liabilities, net
5,116 2,053 3,726 5,287 2,783 4,408 1,969 -1,006 -377 -71 1,186
Net Cash From Investing Activities
-7,042 4,674 -3,915 -4,538 -7,341 -5,843 -12,238 -8,276 -3,196 -2,194 751
Net Cash From Continuing Investing Activities
-7,042 4,674 -3,915 -4,538 -7,341 -5,843 -12,238 -8,276 -3,196 -2,194 750
Acquisitions
-871 -2,765 -3,831 -2,940 -2,639 -4,515 -4,592 -4,275 -5,428 -11,865 -18,263
Purchase of Investment Securities
-48,034 -42,878 -21,362 -20,710 -21,010 -17,081 -28,926 -21,971 -10,146 -14,685 -15,016
Divestitures
- - - - - 0.00 0.00 - 0.00 0.00 43
Sale and/or Maturity of Investments
41,660 49,600 19,426 17,328 14,230 9,369 17,340 13,866 7,411 12,260 17,161
Other Investing Activities, net
203 717 1,852 1,784 2,078 6,384 3,940 4,104 4,967 12,096 16,825
Net Cash From Financing Activities
2,380 -4,752 -2,852 3,764 4,245 6,186 11,963 9,145 3,069 3,678 -668
Net Cash From Continuing Financing Activities
2,380 -4,752 -2,852 3,764 4,245 6,186 11,963 9,145 3,069 3,678 -668
Issuance of Debt
3,301 0.00 3,588 1,263 334 1,476 1,417 -1,709 -890 221 814
Repayment of Debt
-21,413 -15,652 -9,060 -3,571 -3,451 -4,822 -4,869 -20,046 -17,749 -26,380 -21,005
Repurchase of Common Equity
- 0.00 0.00 -105 -442 -473 -499 -488 -250 -250 -102
Payment of Dividends
0.00 0.00 -2,466 0.00 -21 -44 -89 -104 -102 -102 -102
Other Financing Activities, Net
20,492 10,900 5,086 6,177 7,413 9,101 15,664 31,492 22,060 30,189 19,727
Cash Interest Paid
195 186 155 159 187 186 160 152 151 151 151
Cash Income Taxes Paid
-405 189 -637 -895 16 -100 103 44 7.00 13 12

Quarterly Cash Flow Statements for Brighthouse Financial

This table details how cash moves in and out of Brighthouse Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Net Change in Cash & Equivalents
52 102 12 -28 618 1,189 -585 -378 873 1,066 -1,219
Net Cash From Operating Activities
-128 339 152 -530 334 24 -118 146 -1.00 117 -3.00
Net Cash From Continuing Operating Activities
- - -137 0.00 - - -290 0.00 - - 259
Net Income / (Loss) Continuing Operations
- - -1,107 0.00 - - 393 0.00 - - 438
Net Cash From Investing Activities
-334 -985 -552 -625 -1,082 -130 -357 563 112 1,372 -1,296
Net Cash From Continuing Investing Activities
-334 -985 -552 -625 -1,082 -130 -357 563 112 1,372 -1,297
Acquisitions
-1,266 -1,616 -788 -3,174 -2,569 -2,905 -3,217 -4,110 -2,856 -5,979 -5,318
Purchase of Investment Securities
-2,671 -2,817 -2,519 -2,966 -4,498 -3,289 -3,932 -3,274 -2,590 -4,650 -4,502
Sale and/or Maturity of Investments
2,144 2,098 1,684 2,153 3,911 3,142 3,054 4,599 3,563 5,211 3,788
Other Investing Activities, net
1,459 1,350 1,071 3,362 2,074 2,922 3,738 3,348 1,995 6,790 4,692
Net Cash From Financing Activities
514 748 412 1,127 1,366 1,295 -110 -1,087 762 -423 80
Net Cash From Continuing Financing Activities
514 748 412 1,127 1,366 1,295 -110 -1,087 762 -423 80
Issuance of Debt
-268 -192 -271 -17 253 -142 127 13 90 353 358
Repayment of Debt
-3,789 -3,687 -4,975 -6,447 -11,563 -17,460 9,090 -5,968 -4,013 -5,245 -5,779
Payment of Dividends
-25 -26 -25 -26 -25 -26 -25 -26 -25 -26 -25
Other Financing Activities, Net
4,660 4,717 5,743 7,679 12,765 18,987 -9,242 4,953 4,753 4,495 5,526
Cash Interest Paid
69 7.00 69 6.00 69 7.00 69 6.00 69 7.00 69

Annual Balance Sheets for Brighthouse Financial

This table presents Brighthouse Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
221,930 224,192 206,294 227,259 247,869 259,840 224,847 236,340 238,537 241,800
Cash and Due from Banks
5,228 1,857 4,145 2,877 4,108 4,474 4,115 3,851 5,045 5,387
Trading Account Securities
61,688 65,152 62,748 71,183 82,495 87,683 75,666 81,093 80,132 82,599
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
693 601 724 684 676 724 885 1,183 1,277 1,260
Mortgage Servicing Rights
9,378 10,742 13,694 15,753 15,808 19,850 22,936 22,508 23,286 22,755
Unearned Premiums Asset
14,647 13,525 13,697 14,760 16,158 16,094 18,548 19,761 21,126 21,579
Deferred Acquisition Cost
6,293 6,286 5,717 5,448 4,911 5,377 5,084 4,872 4,710 4,567
Separate Account Business Assets
113,043 118,257 98,256 107,107 111,969 114,464 84,965 88,271 85,636 85,528
Other Assets
10,960 7,772 7,313 9,447 11,606 11,174 12,648 14,801 17,325 18,125
Total Liabilities & Shareholders' Equity
221,930 224,192 206,294 227,259 247,869 259,840 224,847 236,340 238,537 241,800
Total Liabilities
207,068 209,612 191,811 211,022 229,781 243,633 219,249 231,332 233,513 234,967
Long-Term Debt
4,707 3,612 3,963 4,365 3,436 3,157 3,156 3,156 3,155 3,155
Future Policy Benefits
33,372 36,616 36,209 39,686 44,448 43,807 31,497 32,569 31,475 32,025
Participating Policy Holder Equity
40,571 40,768 43,054 48,882 57,919 70,308 77,625 84,904 91,867 91,845
Separate Account Business Liabilities
113,043 118,257 98,256 107,107 111,969 114,464 84,965 88,271 85,636 85,528
Other Long-Term Liabilities
7,985 10,359 10,329 10,982 12,009 11,897 22,006 22,432 21,380 22,414
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
14,862 14,580 14,483 16,237 18,088 16,207 5,598 5,008 5,024 6,833
Total Preferred & Common Equity
14,862 14,515 14,418 16,172 18,023 16,142 5,533 4,943 4,959 6,768
Preferred Stock
- - 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
14,862 14,515 14,418 16,172 18,023 16,142 5,533 4,943 4,959 6,768
Common Stock
0.00 12,433 12,474 12,909 13,879 14,155 14,076 14,005 13,928 13,871
Retained Earnings
0.00 406 1,346 585 -534 -642 -395 -1,507 -1,119 -686
Treasury Stock
- 0.00 -118 -562 -1,038 -1,543 -2,042 -2,309 -2,572 -2,688
Accumulated Other Comprehensive Income / (Loss)
1,265 1,676 716 3,240 5,716 4,172 -6,106 -5,246 -5,278 -3,729
Noncontrolling Interest
0.00 65 65 65 65 65 65 65 65 65

Quarterly Balance Sheets for Brighthouse Financial

This table presents Brighthouse Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025
Period end date 9/30/2022 3/31/2023 6/30/2023 9/30/2023 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025
Total Assets
221,641 230,002 231,545 223,516 239,688 237,438 245,156 234,681 242,645 244,679
Cash and Due from Banks
4,793 3,685 3,737 3,839 3,823 4,441 5,630 4,667 5,540 6,606
Trading Account Securities
75,371 77,776 77,668 75,523 80,560 80,666 83,385 81,078 81,429 82,143
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Accrued Investment Income
909 985 1,027 1,143 1,297 1,169 2,083 1,267 1,235 1,350
Mortgage Servicing Rights
22,089 22,823 22,614 22,682 22,670 22,641 22,938 23,051 22,993 22,862
Unearned Premiums Asset
17,877 18,967 19,223 19,066 20,234 20,043 20,692 21,188 21,258 21,244
Deferred Acquisition Cost
5,639 5,027 4,968 4,919 4,829 4,791 4,745 4,672 4,636 4,603
Separate Account Business Assets
81,836 87,440 88,392 82,675 90,332 88,260 90,313 82,524 86,085 87,127
Other Assets
13,127 13,299 13,916 13,669 15,943 15,427 15,370 16,234 19,469 18,744
Total Liabilities & Shareholders' Equity
221,641 230,002 231,545 223,516 239,688 237,438 245,156 234,681 242,645 244,679
Total Liabilities
215,762 224,183 226,573 219,382 235,428 233,232 239,566 229,377 236,907 238,251
Long-Term Debt
3,156 3,157 3,156 3,157 3,155 3,155 3,155 3,155 3,155 3,155
Future Policy Benefits
41,786 32,286 31,899 30,404 32,245 31,886 32,781 31,834 31,974 32,021
Participating Policy Holder Equity
74,687 79,936 82,427 82,177 87,957 89,661 91,531 89,484 92,023 92,621
Separate Account Business Liabilities
81,836 87,440 88,392 82,675 90,332 88,260 90,313 82,524 86,085 87,127
Other Long-Term Liabilities
14,297 21,364 20,699 20,969 21,739 20,270 21,786 22,380 23,670 23,327
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
5,879 5,819 4,972 4,134 4,260 4,206 5,590 5,304 5,738 6,428
Total Preferred & Common Equity
5,814 5,754 4,907 4,069 4,195 4,141 5,525 5,239 5,673 6,363
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
5,814 5,754 4,907 4,069 4,195 4,141 5,525 5,239 5,673 6,363
Common Stock
14,096 14,055 14,040 14,023 13,990 13,973 13,954 13,940 13,919 13,894
Retained Earnings
304 -894 -1,069 -590 -2,000 -1,966 -1,790 -1,387 -1,302 -823
Treasury Stock
-1,949 -2,119 -2,183 -2,248 -2,382 -2,447 -2,512 -2,644 -2,687 -2,688
Accumulated Other Comprehensive Income / (Loss)
-6,637 -5,288 -5,881 -7,116 -5,413 -5,419 -4,127 -4,670 -4,257 -4,020
Noncontrolling Interest
65 65 65 65 65 65 65 65 65 65

Annual Metrics And Ratios for Brighthouse Financial

This table displays calculated financial ratios and metrics derived from Brighthouse Financial's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2015 12/31/2016 12/31/2017 12/31/2018 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$9.34 ($24.54) ($3.16) $7.24 ($6.76) ($11.58) ($2.36) ($1.36) ($18.39) $4.67 $5.75
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 119.77M 116.67M 105.10M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M
Adjusted Diluted Earnings per Share
$9.34 $0.00 $0.00 $7.21 ($6.76) ($11.58) ($2.36) ($1.36) ($18.39) $4.64 $5.71
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 119.77M 116.67M 105.10M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M
Adjusted Basic & Diluted Earnings per Share
$9.34 $0.00 $0.00 $0.00 ($6.76) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 119.77M 116.67M 105.10M 87.38M 76.63M 67.70M 62.88M 58.06M 57.18M
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Quarterly Metrics And Ratios for Brighthouse Financial

This table displays calculated financial ratios and metrics derived from Brighthouse Financial's official financial filings.

Metric Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Period end date 6/30/2023 9/30/2023 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025
Growth Metrics
- - - - - - - - - - -
Profitability Metrics
- - - - - - - - - - -
Valuation Ratios
- - - - - - - - - - -
Leverage & Solvency
- - - - - - - - - - -
Liquidity Ratios
- - - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - - -
Efficiency Ratios
- - - - - - - - - - -
Capital & Investment Metrics
- - - - - - - - - - -
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
($3.01) $6.92 ($14.58) ($8.22) $0.12 $2.49 $10.28 ($5.04) $1.03 $7.93 $1.83
Adjusted Weighted Average Basic Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M
Adjusted Diluted Earnings per Share
($3.01) $6.89 ($14.55) ($8.22) $0.12 $2.47 $10.27 ($5.04) $1.02 $7.89 $1.84
Adjusted Weighted Average Diluted Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
65.50M 64.20M 62.88M 62.11M 60.76M 59.35M 58.06M 57.41M 57.15M 57.17M 57.18M
Debt Service Ratios
- - - - - - - - - - -
Payout Ratios
- - - - - - - - - - -

Financials Breakdown Chart

Key Financial Trends

Here are key trends from Brighthouse Financial (BHF) quarterly statements over the last four years, focusing on notable changes in revenue, profitability, cash flow, and balance sheet structure.

  • Topline strength in late 2025: Total Revenue for Q4 2025 was about $1.689B, with Q3 2025 slightly higher at around $1.816B, indicating solid quarterly topline activity even as quarterly pace fluctuates.
  • Improving cash flow from operations: Net cash from operating activities was positive in the latter part of 2025, with Q3 2025 showing $117M and Q4 2025 showing $259M, suggesting improving operating cash generation.
  • Rising equity base: Total equity increased through 2025, rising from about $5.3B at the start of the year to around $6.4B by Q3 2025, signaling a strengthening capital position.
  • Robust Separate Account assets: Separate Account assets remained substantial, around $87B–$92B in 2025, reflecting a large pool of policyholder funds backing liabilities and related investment activities.
  • Leverage profile: Total Liabilities have remained very high (roughly $236B–$239B) relative to Total Assets (roughly $235B–$245B), indicating a high-leverage balance sheet typical of life insurers with substantial policyholder obligations.
  • Earnings volatility by quarter: Net income to common shareholders fluctuated across 2025 (for example, negative in Q1 2025, with recovery in later quarters), highlighting sensitivity to claims experience and market-driven gains/losses.
  • Large-scale account coverage: Separate Account assets continued to be a central feature of the business model, contributing to the overall risk and return profile and potentially dampening earnings volatility over time.
  • Q1 2025 profitability setback: Net income attributable to common shareholders was negative in Q1 2025 (approximately -$294M), indicating a quarterly earnings setback that may affect near-term investor sentiment.
  • Investing cash outflows: Across several quarters, investing activities produced sizable cash outflows (acquisitions and purchases of investments), contributing to cash burn in periods such as Q4 2025 (net cash from continuing investing activities around -$1.30B).
  • Debt and financing cash flow pressures: Net cash from financing activities and related flows showed meaningful outflows in some quarters, signaling ongoing financing needs or adjustments that can pressure near-term liquidity.
  • Cash balance volatility: Net change in cash and equivalents was negative in some quarters (e.g., Q4 2025 with a notable decline), underscoring ongoing cash management considerations amid investing and financing activity.
05/07/26 07:46 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Brighthouse Financial's Financials

When does Brighthouse Financial's fiscal year end?

According to the most recent income statement we have on file, Brighthouse Financial's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

How has Brighthouse Financial's net income changed over the last 10 years?

Brighthouse Financial's net income appears to be on an upward trend, with a most recent value of $438 million in 2025, falling from $1.12 billion in 2015. The previous period was $393 million in 2024.

How has Brighthouse Financial's revenue changed over the last 10 years?

Over the last 10 years, Brighthouse Financial's total revenue changed from $8.89 billion in 2015 to $6.77 billion in 2025, a change of -23.9%.

How much debt does Brighthouse Financial have?

Brighthouse Financial's total liabilities were at $234.97 billion at the end of 2025, a 0.6% increase from 2024, and a 13.5% increase since 2016.

How much cash does Brighthouse Financial have?

In the past 9 years, Brighthouse Financial's cash and equivalents has ranged from $1.86 billion in 2017 to $5.39 billion in 2025, and is currently $5.39 billion as of their latest financial filing in 2025.



Financial statements for NASDAQ:BHFAO last updated on 2/27/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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