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Globe Life GL American Income — Deferred Policy Acquisition Costs, Amortization Expense
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
The source filing: Globe Life’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:32 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000320335-26-000169
| Line item | Three Months Ended March 31, 2026 | 2025 |
|---|---|---|
| Health policyholder benefits(2) | 263,734 | 233,929 |
| Other policyholder benefits | 7,000 | 7,080 |
| Total policyholder benefits | 789,584 | 750,765 |
| Amortization of deferred acquisition costs | 118,282 | 105,515 |
| Commissions, premium taxes, and non-deferred acquisition costs | 169,886 | 164,323 |
| Other operating expense | 113,735 | 108,746 |
| Interest expense | 34,000 | 34,992 |
| Total benefits and expenses | 1,225,487 | 1,164,341 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's american income — deferred policy acquisition costs, amortization expense?
- Globe Life (GL) reported american income — deferred policy acquisition costs, amortization expense of $57.02M in Q1 2026.
- How has Globe Life's american income — deferred policy acquisition costs, amortization expense changed year-over-year?
- Globe Life's american income — deferred policy acquisition costs, amortization expense increased by 12.5% year-over-year, from $50.67M to $57.02M.
- What is the long-term trend for Globe Life's american income — deferred policy acquisition costs, amortization expense?
- Over 4 years (2021 to 2025), Globe Life's american income — deferred policy acquisition costs, amortization expense has grown at a 14.3% compound annual growth rate (CAGR), from $124.34M to $212.24M.
- What does american income — deferred policy acquisition costs, amortization expense mean?
- The periodic expense recognized as the previously capitalized acquisition costs are systematically written off over the expected life of the insurance contracts. This matches the expense to the revenue generated by the policies.
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