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Genworth Financial GNW Closed Block — Other Operating Expenses

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Other financials

Income statement

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Revenue$1.9B+5.8%
Net income$47.0M-7.8%
EPS (diluted)$0.120.0%

Balance sheet

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Cash & equivalents$2.0B+10.5%
Total debt$1.5B-1.3%
Total equity$8.7B-0.7%
Total assets$87.4B0.0%

Cash flow

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Operating cash flow$52.0M+767%

Valuation

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Market cap$3.71B+8.4%
Enterprise value$3.23B+2.5%
P/E17.5×-0.5×
P/S0.5×0.0×

Profitability

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Net margin2.9%+0.2pp

Returns & leverage

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Return on equity2.4%+0.2pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Genworth Financial in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationOtherOperatingExpense.

The source filing: Genworth Financial’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012828
Segment / Year ended December 31, 2025Premium RevenueNet Investment IncomeInterest Credited, Benefits and Other Changes in Policy Reserves and Liability Remeasurement (Gains) Losses(1)Amortization of Deferred Acquisition CostsOther Operating ExpensesPremiums Written
Enact$980$266$110$7$260$957
Closed Block2,5082,8405,4181917142,508
Corporate and Other1119(8)17311
Total$3,499$3,125$5,520$198$1,147$3,476
Year ended December 31, 2024
Enact$980$240$39$7$278$945
Closed Block2,4892,8995,3422086852,489
Corporate and Other1121(9)16311

Item 8. Financial Statements and Supplementary Data

FAQ

What is Genworth Financial's closed block — other operating expenses?
Genworth Financial (GNW) reported closed block — other operating expenses of $178.5M in Q4 2025.
How has Genworth Financial's closed block — other operating expenses changed year-over-year?
Genworth Financial's closed block — other operating expenses increased by 4.2% year-over-year, from $171.25M to $178.5M.
What is the long-term trend for Genworth Financial's closed block — other operating expenses?
Over 2 years (2023 to 2025), Genworth Financial's closed block — other operating expenses has grown at a 1.4% compound annual growth rate (CAGR), from $694M to $714M.
What does closed block — other operating expenses mean?
This metric captures the administrative, overhead, and general operating costs incurred to manage the closed block segment, excluding direct policy benefits and acquisition cost amortization. It provides insight into the operational efficiency and cost management discipline applied to legacy business lines. Controlling these expenses is critical for maintaining margins in segments that are no longer generating new business growth.

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