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F&G Annuities & Life FG Reportable Segment — Benefits, Losses and Expenses, Net

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Other financials

Income statement

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Revenue$1.4B+4.2%
Net income-$76.0M-290%
EPS (diluted)-$0.62-338%

Balance sheet

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Cash & equivalents$2.1B+11.6%
Total debt$2.3B+0.3%
Total equity$4.6B+3.9%
Total assets$103.59B+12.8%

Cash flow

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Operating cash flow$1.5B-8.2%

Valuation

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Market cap$3.87B-13.5%
Enterprise value$4.01B-16.9%
P/E9.3×-3.9×
P/S0.6×-0.2×

Profitability

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Net margin6.9%+0.4pp

Returns & leverage

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Return on equity9.2%+0.8pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by F&G Annuities & Life in its filing.

Tagged under the XBRL concept fg:BenefitsLossesAndExpensesNet.

The source filing: F&G Annuities & Life’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001934850-26-000085
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Personnel costs7777137144
Other operating expenses41427483
Interest expense41418281
Total benefits and expenses1,5151,3072,3792,241
Earnings (loss) before income taxes(94)5722931
Income tax (benefit) expense(19)155510
Net earnings (loss)(75)4217421
Less: Non-controlling interests1222

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's reportable segment — benefits, losses and expenses, net?
F&G Annuities & Life (FG) reported reportable segment — benefits, losses and expenses, net of $1.52B in Q2 2026.
How has F&G Annuities & Life's reportable segment — benefits, losses and expenses, net changed year-over-year?
F&G Annuities & Life's reportable segment — benefits, losses and expenses, net increased by 15.9% year-over-year, from $1.31B to $1.52B.
What is the long-term trend for F&G Annuities & Life's reportable segment — benefits, losses and expenses, net?
Over 3 years (2022 to 2025), F&G Annuities & Life's reportable segment — benefits, losses and expenses, net has grown at a 51.5% compound annual growth rate (CAGR), from $1.56B to $5.41B.
What does reportable segment — benefits, losses and expenses, net mean?
This represents the total net cost of operations for the segment, encompassing all policy benefits, administrative expenses, and other charges. It is the primary metric for evaluating the overall cost-to-revenue efficiency of the segment.

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