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Genworth Financial GNW Life insurance — Deferred acquisition costs

Other product segments

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$66M-14.3%
Fixed annuities
$26M-21.2%

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Other financials

Income statement

See full
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:DeferredPolicyAcquisitionCosts.

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 life insurance — deferred acquisition costs?
Genworth Financial (GNW) reported life insurance — deferred acquisition costs of $639M in Q2 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 14.9% year-over-year, from $751M to $639M.
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.

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