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F&G Annuities & Life FG Reportable Segment — Interest and investment income

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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 us-gaap:NetInvestmentIncome.

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
Life insurance premiums and other fees3946088731,097
Owned distribution revenues19233639
Revenues from external customers4136319091,136
Interest and investment income7186821,4411,348
Recognized gains and (losses), net29051258(212)
Total revenues1,4211,3642,6082,272
Significant expenses (a):
Benefits and other changes in policy reserves1,1499931,6331,517

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's reportable segment — interest and investment income?
F&G Annuities & Life (FG) reported reportable segment — interest and investment income of $718M in Q2 2026.
How has F&G Annuities & Life's reportable segment — interest and investment income changed year-over-year?
F&G Annuities & Life's reportable segment — interest and investment income increased by 5.3% year-over-year, from $682M to $718M.
What is the long-term trend for F&G Annuities & Life's reportable segment — interest and investment income?
Over 3 years (2022 to 2025), F&G Annuities & Life's reportable segment — interest and investment income has grown at a 19.7% compound annual growth rate (CAGR), from $1.66B to $2.84B.
What does reportable segment — interest and investment income mean?
Captures the income generated from the company's invested asset portfolio, which is primarily funded by policyholder premiums. This is a critical driver of profitability for annuity-heavy insurance business models.

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