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Genworth Financial GNW Fixed annuities — Deferred acquisition costs

Other product segments

Life insurance
$666M-14.7%
Variable annuities
$68M-15.0%

Other financials

Income statement

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Revenue$1.8B-0.5%
Net income$47.0M-13.0%
EPS (diluted)$0.12-7.7%

Balance sheet

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Cash & equivalents$2.1B+12.1%
Total debt$1.5B-0.7%
Total equity$8.8B+1.2%
Total assets$86.8B-0.6%

Cash flow

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Operating cash flow$91.0M+168%

Valuation

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Market cap$3.51B+6.0%

Profitability

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Net margin3%0.0pp

Returns & leverage

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Return on equity2.5%-0.1pp
Debt / equity0.2×0.0×

Where this comes from

Reported directly by Genworth Financial in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCosts.

The official record: Genworth Financial’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Genworth Financial's fixed annuities — deferred acquisition costs?
Genworth Financial (GNW) reported fixed annuities — deferred acquisition costs of $28M in Q1 2026.
How has Genworth Financial's fixed annuities — deferred acquisition costs changed year-over-year?
Genworth Financial's fixed annuities — deferred acquisition costs decreased by 20.0% year-over-year, from $35M to $28M.
What is the long-term trend for Genworth Financial's fixed annuities — deferred acquisition costs?
Over 2 years (2023 to 2025), Genworth Financial's fixed annuities — deferred acquisition costs has grown at a -19.3% compound annual growth rate (CAGR), from $198M to $129M.
What does fixed annuities — deferred acquisition costs mean?
This metric tracks the capitalized costs directly related to the acquisition of new fixed annuity business, such as sales commissions and underwriting expenses. These costs are amortized over the expected life of the policies to match expenses with related revenue. It serves as a key indicator of the company's investment in long-term business growth and future profitability.