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Genworth Financial GNW Fixed annuities — Deferred Policy Acquisition Costs, Amortization Expense

Other product segments

Life insurance
$28M-9.7%
Variable annuities
$3M0.0%

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$3.56B+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:DeferredPolicyAcquisitionCostAmortizationExpense.

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 policy acquisition costs, amortization expense?
Genworth Financial (GNW) reported fixed annuities — deferred policy acquisition costs, amortization expense of $2M in Q1 2026.
How has Genworth Financial's fixed annuities — deferred policy acquisition costs, amortization expense changed year-over-year?
Genworth Financial's fixed annuities — deferred policy acquisition costs, amortization expense decreased by 0.0% year-over-year, from $2M to $2M.
What is the long-term trend for Genworth Financial's fixed annuities — deferred policy acquisition costs, amortization expense?
Over 4 years (2021 to 2025), Genworth Financial's fixed annuities — deferred policy acquisition costs, amortization expense has grown at a -17.3% compound annual growth rate (CAGR), from $15M to $7M.
What does fixed annuities — deferred policy acquisition costs, amortization expense mean?
This metric measures the periodic expense recognized as capitalized acquisition costs are systematically written off over the life of the fixed annuity contracts. It reflects the matching of historical acquisition spending against current earnings. Consistent amortization patterns are essential for evaluating the underlying profitability and expense management of the annuity segment.