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Genworth Financial GNW Long-duration insurance contracts — Costs deferred

Other product segments

Fixed annuities
$0
Life insurance
$0
Variable annuities
$0

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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$3.71B+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: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 long-duration insurance contracts — costs deferred?
Genworth Financial (GNW) reported long-duration insurance contracts — costs deferred of $0 in Q2 2026.
What is the long-term trend for Genworth Financial's long-duration insurance contracts — costs deferred?
Over 3 years (2021 to 2025), Genworth Financial's long-duration insurance contracts — costs deferred has grown at a -100.0% compound annual growth rate (CAGR), from $9M to $0.
What does long-duration insurance contracts — costs deferred mean?
This reflects the total amount of incremental direct costs associated with acquiring new long-duration insurance policies that have been capitalized during the reporting period. By deferring these costs, the company aligns the expense recognition with the period in which the related premiums are earned. This metric is essential for understanding the current period's investment in business growth and customer acquisition.

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