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Brighthouse Financial BHF Life — Income Tax Expense (Benefit)

Other segment segments

Annuities
$76M+4.1%
Run-off
-$13M+23.5%
Corporate Segment and Other Operating Segment
-$8M-60.0%

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CNALife & Group — Income Tax Expense (Benefit) on Operating Income (Loss)
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EQHIncome Tax (Expense) Benefit
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F.N.B. Corporation logo
FNBInsurance — Income tax expense (benefit)
$0

Other financials

Income statement

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Revenue$1.5B-36.1%
Net income-$766.0M-186%
EPS (diluted)-$13.82-174%

Balance sheet

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Cash & equivalents$4.9B+5.1%
Total debt$3.2B0.0%
Total equity$5.6B+6.2%
Total assets$236.80B+0.9%

Cash flow

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Operating cash flow-$221.0M-251%

Valuation

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Market cap$3.65B+1.7%

Profitability

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Net margin-1.1%-9.8pp

Returns & leverage

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Return on equity-1.2%-14.2pp
Debt / equity0.6×0.0×

Where this comes from

Reported directly by Brighthouse Financial in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

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

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Questions, answered.

What is Brighthouse Financial's life — income tax expense (benefit)?
Brighthouse Financial (BHF) reported life — income tax expense (benefit) of -$2M in Q1 2026.
How has Brighthouse Financial's life — income tax expense (benefit) changed year-over-year?
Brighthouse Financial's life — income tax expense (benefit) decreased by 300.0% year-over-year, from $1M to -$2M.
What is the long-term trend for Brighthouse Financial's life — income tax expense (benefit)?
Over 3 years (2021 to 2025), Brighthouse Financial's life — income tax expense (benefit) has grown at a -64.3% compound annual growth rate (CAGR), from $88M to $4M.
What does life — income tax expense (benefit) mean?
Represents the tax impact on the life segment's earnings, reflecting both current and deferred tax liabilities or assets. It is essential for calculating the segment's contribution to the company's net income after accounting for regulatory tax obligations.