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Corebridge Financial CRBG Institutional Markets — Revenue deferred

Other segment segments

Life Insurance
$43M+4.9%

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Other financials

Income statement

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Revenue$3.9B+43.6%
Net income$2.0M+100%
EPS (diluted)-$0.04+96.7%

Balance sheet

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Cash & equivalents$353.0M+21.7%
Total debt$1.3B+1,138%
Total equity$10.7B-13.4%
Total assets$415.79B+4.2%

Cash flow

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Operating cash flow-$44.0M

Valuation

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Market cap$14.97B-18.8%
Enterprise value$15.87B-13.0%
P/S0.8×-0.4×

Profitability

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Net margin5.4%

Returns & leverage

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Return on equity7.3%
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept crbg:OtherPolicyholderFundsCapitalization.

The source filing: Corebridge Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001889539-26-000141
(in millions) / Six Months Ended June 30, 2026Life InsuranceInstitutional MarketsCorporate and OtherTotal
Balance, beginning of year$1,876$17$76$1,969
Revenue deferred8518103
Amortization(56)(3)(59)
Balance, end of period$1,905$35$73$2,013
Other reconciling items*990
Other policyholder funds$3,003
Six Months Ended June 30, 2025
Balance, beginning of year$1,821$1$84$1,906

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's institutional markets — revenue deferred?
Corebridge Financial (CRBG) reported institutional markets — revenue deferred of $18M in Q2 2026.
What does institutional markets — revenue deferred mean?
Reflects income received from institutional clients that has been collected but not yet earned under accounting standards. This revenue is recognized over the life of the contract as services are provided. It serves as a leading indicator of future revenue recognition and reflects the timing of fee structures.

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