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Brighthouse Financial BHF Annuities — Income Tax Expense (Benefit)

Other segment segments

Run-off
-$14M+36.4%
Corporate Segment and Other Operating Segment
-$7M-133%
Life
-$3M+57.1%

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Other financials

Income statement

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Revenue$1.6B+86.2%
Net income$981.0M+1,054%
EPS (diluted)$16.53+1,521%

Balance sheet

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Cash & equivalents$7.1B+28.2%
Total debt$3.2B0.0%
Total equity$6.6B+15.5%
Total assets$247.18B+1.9%

Cash flow

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Operating cash flow-$431.0M

Valuation

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Market cap$3.57B+31.0%
Enterprise value-$379.6M-211%
P/E4.3×+0.2×
P/S0.5×+0.1×

Profitability

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Net margin12.5%+2.2pp

Returns & leverage

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Return on equity13.6%+0.1pp
Debt / equity0.5×-0.1×

Where this comes from

Reported directly by Brighthouse Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Brighthouse Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:12 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001685040-26-000028
Line itemAnnuitiesLifeRun-offCorporate & OtherTotal
Amortization of DAC and VOBA13720
Interest expense on debt38
Other expenses (2)342632321
Less: Provision for income tax expense (benefit)82(3)(14)(7)
Less: Net income (loss) attributable to noncontrolling interests
Less: Preferred stock dividends25
Adjusted earnings (loss)$349$(4)$(56)$(31)258
Adjustments for:

Item 1. Financial Statements

FAQ

What is Brighthouse Financial's annuities — income tax expense (benefit)?
Brighthouse Financial (BHF) reported annuities — income tax expense (benefit) of $82M in Q2 2026.
How has Brighthouse Financial's annuities — income tax expense (benefit) changed year-over-year?
Brighthouse Financial's annuities — income tax expense (benefit) increased by 5.1% year-over-year, from $78M to $82M.
What is the long-term trend for Brighthouse Financial's annuities — income tax expense (benefit)?
Over 4 years (2021 to 2025), Brighthouse Financial's annuities — income tax expense (benefit) has grown at a -0.7% compound annual growth rate (CAGR), from $303M to $295M.
What does annuities — income tax expense (benefit) mean?
Represents the tax impact associated with the earnings generated by the annuity segment. This metric is necessary to determine the segment's net contribution to the company's bottom line after accounting for regulatory tax obligations.

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