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F&G Annuities & Life FG Universal life — Contract With Customer, Amortization

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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$3.62B-22.0%
Enterprise value$3.77B-24.7%
P/E8.7×-5.0×
P/S0.6×-0.3×

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:ContractWithCustomerAmortization.

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 itemSix months ended June 30, 20262025
Balance at January 1,$551$401
Capitalization9986
Amortization(17)(13)
Balance at June 30,$633$474

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's universal life — contract with customer, amortization?
F&G Annuities & Life (FG) reported universal life — contract with customer, amortization of $9M in Q2 2026.
How has F&G Annuities & Life's universal life — contract with customer, amortization changed year-over-year?
F&G Annuities & Life's universal life — contract with customer, amortization increased by 28.6% year-over-year, from $7M to $9M.
What is the long-term trend for F&G Annuities & Life's universal life — contract with customer, amortization?
Over 3 years (2022 to 2025), F&G Annuities & Life's universal life — contract with customer, amortization has grown at a 40.9% compound annual growth rate (CAGR), from $10M to $28M.
What does universal life — contract with customer, amortization mean?
This metric measures the periodic expense recognized as the company amortizes capitalized costs or liabilities associated with universal life contracts over the expected life of the policies. It reflects the systematic allocation of acquisition or contract-related costs to the income statement. Analyzing this helps investors understand the impact of policy-related expenses on current period profitability.

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