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Genworth Financial GNW Fixed annuities — Costs deferred

Other product segments

Life insurance
$0
Variable annuities
$0

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$8M-87.9%
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LNCFixed Annuities — Deferrals
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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$3.72B+10.4%
Enterprise value$3.23B+4.5%
P/E17.5×-0.2×
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:DeferredPolicyAcquisitionCostsAdditions.

The source filing: Genworth Financial’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:18 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-054344
(Amounts in millions)Long-term careinsuranceLifeinsuranceFixedannuitiesVariableannuitiesTotal
Balance as of January 1$769$694$30$71$1,564
Costs deferred
Amortization(25)(55)(4)(5)(89)
Balance as of June 30$744$639$26$661,475
Enact segment22
Total deferred acquisition costs$1,497

Item 1. Financial Statements

FAQ

What is Genworth Financial's fixed annuities — costs deferred?
Genworth Financial (GNW) reported fixed annuities — costs deferred of $0 in Q2 2026.
What does fixed annuities — costs deferred mean?
This represents the incremental costs incurred during a specific period that are eligible for capitalization as deferred acquisition costs for fixed annuity products. It reflects the immediate capital outlay required to secure new policyholders. A high level of deferred costs indicates active business acquisition and investment in the annuity segment's future revenue stream.

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