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F&G Annuities & Life FG Net investment income

Net investment income at other companies

Prudential Financial logo
Prudential FinancialPRU
$5.78B+10.7%
Corebridge Financial logo
Corebridge FinancialCRBG
$3.19B-4.4%
Fidelity National Financial logo
Fidelity National FinancialFNF
$822M+8.2%
Assured Guaranty logo
Assured GuarantyAGO
$98M+10.1%
Brighthouse Financial logo
Brighthouse FinancialBHF
$1.24B-3.4%
Security National Financial Corporation logo
Security National Financial CorporationSNFCA
$18.5M-3.7%

Segments

By segment

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Reportable Segment$682M

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
Revenues
Life insurance premiums and other fees$394$608$873$1,097
Interest and investment income7186821,4411,348
Owned distribution revenues19233639
Recognized gains and (losses), net29051258(212)
Total revenues1,4211,3642,6082,272
Benefits and expenses
Benefits and other changes in policy reserves (remeasurement (losses) gains) (a)1,1499931,6331,517

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's net investment income?
F&G Annuities & Life (FG) reported net investment income of $718M in Q2 2026.
How has F&G Annuities & Life's net investment income changed year-over-year?
F&G Annuities & Life's net 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 net investment income?
Over 4 years (2021 to 2025), F&G Annuities & Life's net investment income has grown at a 11.3% compound annual growth rate (CAGR), from $1.85B to $2.84B.
What does net investment income mean?
Reflects the income generated from the company's investment portfolio, primarily consisting of interest, dividends, and other investment-related returns. As a core driver of profitability for life insurers, it measures the effectiveness of asset-liability management and the yield earned on assets backing policyholder reserves.

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