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Ameriprise Financial AMP Variable Universal Life Insurance — Deferral of revenue

Other product segments

Indexed Universal Life Insurance
$11M-8.3%
Universal Life Insurance
$0

Similar metrics at other companies

Prudential Financial logo
PRUVariable Universal Life — Unearned revenue
$150M+2.0%
Brighthouse Financial logo
BHFUniversal Life Insurance — Deferred Revenue, Amortization Expense
$9M0.0%
Prudential Financial logo
PRUVariable Universal Life — Amortization expense
-$46M0.0%
Principal Financial Group logo
PFGUniversal Life — Unearned Revenue Liability Deferrals
$14.2M-3.4%
KKR & Co. logo
KKRCertain Universal Life Insurance Products and Preneed Contracts — Deferral
$17.24M+2.2%
Prudential Financial logo
PRUVariable Universal Life — Amortization of deferred policy acquisition costs
$57M+7.5%

Other financials

Income statement

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Revenue$4.8B+10.5%
Net income$915.0M+56.9%
EPS (diluted)$9.68+66.0%

Balance sheet

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Cash & equivalents$9.4B+4.8%
Total debt$276.0M-14.3%
Total equity$6.2B+14.5%
Total assets$184.45B+3.0%

Cash flow

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Operating cash flow$459.0M-72.8%
CapEx$29.0M-19.4%
Free cash flow$430.0M-73.9%

Valuation

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Market cap$40.75B-16.1%
P/E10.5×-5.8×
P/S2.2×-0.6×

Profitability

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Net margin20.6%+3.4pp
FCF margin36.7%-1.6pp

Returns & leverage

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Return on equity66.9%+8.8pp
Debt / equity0.0×

Where this comes from

Reported directly by Ameriprise Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeAddition.

The official record: Ameriprise Financial’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ameriprise Financial's variable universal life insurance — deferral of revenue?
Ameriprise Financial (AMP) reported variable universal life insurance — deferral of revenue of $21M in Q1 2026.
How has Ameriprise Financial's variable universal life insurance — deferral of revenue changed year-over-year?
Ameriprise Financial's variable universal life insurance — deferral of revenue increased by 10.5% year-over-year, from $19M to $21M.
What is the long-term trend for Ameriprise Financial's variable universal life insurance — deferral of revenue?
Over 4 years (2021 to 2025), Ameriprise Financial's variable universal life insurance — deferral of revenue has grown at a 23.5% compound annual growth rate (CAGR), from $34M to $79M.
What does variable universal life insurance — deferral of revenue mean?
This refers to the accounting process of delaying the recognition of revenue to match the period in which the associated insurance services are provided. It ensures that revenue is recognized in accordance with the matching principle over the duration of the policy. This is a key driver of long-term earnings stability for insurance products.