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Genworth Financial GNW Life insurance — Deferred acquisition costs

Other product segments

Variable annuities
$68M-15.0%
Fixed annuities
$28M-20.0%

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 life insurance — deferred acquisition costs?
Genworth Financial (GNW) reported life insurance — deferred acquisition costs of $666M in Q1 2026.
How has Genworth Financial's life insurance — deferred acquisition costs changed year-over-year?
Genworth Financial's life insurance — deferred acquisition costs decreased by 14.7% year-over-year, from $781M to $666M.
What is the long-term trend for Genworth Financial's life insurance — deferred acquisition costs?
Over 2 years (2023 to 2025), Genworth Financial's life insurance — deferred acquisition costs has grown at a -13.7% compound annual growth rate (CAGR), from $3.96B to $2.95B.
What does life insurance — 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 on the balance sheet and amortized over the life of the related insurance contracts to match expenses with revenue recognition.