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Brighthouse Financial BHF Other investment contract liabilities — Policyholder Account Balance

Other product segments

Index-linked Annuities
$50.24B
Fixed Rate Annuities
$14.62B
ULSG
$4.62B
Variable Annuities
$3.63B
Company-Owned Life Insurance
$645M

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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:PolicyholderFunds.

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 itemJune 30, 2026June 30, 2025
Policyholder account balances reported in the preceding rollforward table$78,411$76,350
Funding agreements classified as investment contracts9,13110,174
Institutional group annuities660566
Other investment contract liabilities874956
Total policyholder account balances$89,076$88,046

Item 1. Financial Statements

FAQ

What is Brighthouse Financial's other investment contract liabilities — policyholder account balance?
Brighthouse Financial (BHF) reported other investment contract liabilities — policyholder account balance of $874M in Q2 2026.
How has Brighthouse Financial's other investment contract liabilities — policyholder account balance changed year-over-year?
Brighthouse Financial's other investment contract liabilities — policyholder account balance decreased by 8.6% year-over-year, from $956M to $874M.
What is the long-term trend for Brighthouse Financial's other investment contract liabilities — policyholder account balance?
Over 3 years (2022 to 2025), Brighthouse Financial's other investment contract liabilities — policyholder account balance has grown at a -8.4% compound annual growth rate (CAGR), from $4.92B to $3.78B.
What does other investment contract liabilities — policyholder account balance mean?
This metric measures the total liability value representing the accumulated account balances held on behalf of policyholders for investment-type contracts. It serves as a primary indicator of the scale of assets under management within this segment and the company's long-term obligation to its contract holders. Changes in this balance reflect net inflows from new business, interest credited to accounts, and outflows from surrenders or benefit payments.

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