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Globe Life GL Life — Deferred acquisition costs
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.
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 | Life / American Income | Life / DTC | Life / Liberty National | Life / Other | Life / Total |
|---|---|---|---|---|---|
| Amortization expense | (49,374) | (25,588) | (14,993) | (678) | (90,633) |
| Foreign exchange adjustment | 1,282 | — | — | — | 1,282 |
| Balance at March 31, 2025 | $2,986,007 | $1,792,790 | $743,388 | $292,635 | $5,814,820 |
| Balance at January 1, 2026 | $3,248,907 | $1,818,120 | $790,987 | $289,736 | $6,147,750 |
| Capitalizations | 136,452 | 38,977 | 30,254 | 3,126 | 208,809 |
| Amortization expense | (55,695) | (26,369) | (16,441) | (4,189) | (102,694) |
| Foreign exchange adjustment | (20) | — | — | — | (20) |
| Balance at March 31, 2026 | $3,329,644 | $1,830,728 | $804,800 | $288,673 | $6,253,845 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's life — deferred acquisition costs?
- Globe Life (GL) reported life — deferred acquisition costs of $6.25B in Q1 2026.
- How has Globe Life's life — deferred acquisition costs changed year-over-year?
- Globe Life's life — deferred acquisition costs increased by 7.6% year-over-year, from $5.81B to $6.25B.
- What is the long-term trend for Globe Life's life — deferred acquisition costs?
- Over 3 years (2022 to 2025), Globe Life's life — deferred acquisition costs has grown at a 8.5% compound annual growth rate (CAGR), from $18.74B to $23.93B.
- What does life — deferred acquisition costs mean?
- This represents the capitalized costs associated with acquiring new insurance policies, such as commissions and underwriting expenses. These costs are deferred and amortized over the life of the policy to match expenses with related revenue recognition.
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