Income StatementBalance SheetCash FlowSegments
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MetLife Income Statement

Revenue, expenses, and profitability over time

MetLife generated $77.6B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $3.6B with a 4.66% net margin. Diluted EPS is $5.17, which declined 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$77.6BNet Income (TTM)$3.6BEps Diluted (TTM)$5.17
Latest FilingQ1 2026
Report Date2026-05-07
Market Cap$50.6B
P/E Ratio13.98
ROE13.2%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$1.2B$879.0M$698.0M$818.0M$778.0M$1.1B
Net income$1.3B$945.0M$729.0M$896.0M$809.0M$1.2B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share$1.77$1.29$1.04$1.23$1.18$1.75
Diluted earnings per share$1.75$1.28$1.03$1.22$1.18$1.74

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes$1.4B$1.4B$980.0M$1.2B$1.1B$1.5B

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$106.0M$404.0M$245.0M$308.0M$301.0M$345.0M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gains (losses) on equity investments-$311.0M-$387.0M-$273.0M-$325.0M-$160.0M-$670.0M

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net premiums earned$12.6B$11.7B$10.8B$10.6B$16.7B$12.1B
Fee income$1.2B$1.2B$1.3B$1.2B$1.3B$1.3B
Market risk benefits gains (losses)$764.0M-$299.0M$277.0M$263.0M$267.0M-$120.0M
Net investment income$5.4B$4.9B$5.7B$6.1B$5.9B$5.4B
Total revenue$18.7B$18.6B$17.3B$17.4B$23.8B$19.1B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Benefits, Losses and Expenses$17.3B$17.2B$16.4B$16.2B$22.7B$17.6B
Comprehensive Income (Loss), Net of Tax, Attributable to Parent—$3.0B$1.1B$3.2B—$42.0M
Dividends on preferred shares$32.0M$66.0M$31.0M$66.0M$31.0M$45.0M
Gain (Loss) on Derivative Instruments, Net, Pretax-$903.0M$432.0M-$796.0M-$929.0M-$646.0M$74.0M
Interest credited to contractholder funds$2.0B$1.6B$2.4B$2.6B$2.3B$1.7B
Liability for Future Policy Benefit, Remeasurement Gain (Loss)$42.0M$31.0M-$5.0M$159.0M—$13.0M
Membership and other income$641.0M$687.0M$679.0M$724.0M$737.0M$852.0M
Policyholder Dividends, Expense$150.0M$144.0M$146.0M$134.0M$129.0M$124.0M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total operating expenses$3.4B$3.4B$3.3B$3.5B$3.7B$3.8B

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Medical costs$12.6B$11.8B$10.8B$10.4B$16.8B$11.9B