Skip to content
Screener

Genworth Financial GNW Variable annuities — Deferred acquisition costs

Other product segments

Life insurance
$639M-14.9%
Fixed annuities
$26M-21.2%

Similar metrics at other companies

Ameriprise Financial logo
AMPStructured Variable Annuities — Deferred acquisition costs
$337M+17.8%
Jackson Financial logo
JXNVariable annuity — Deferred acquisition costs
$10.7B-4.1%
Ameriprise Financial logo
AMPVariable Annuity — Deferred acquisition costs
$1.29B-6.4%
Ameriprise Financial logo
AMPLife Contingent Payout Annuities — Deferred acquisition costs
$13M+18.2%
Ameriprise Financial logo
AMPVariable Universal Life Insurance — Deferred acquisition costs
$573M+2.9%
Globe Life logo
GLOther — Deferred acquisition costs
$288.67M-1.4%

Other financials

Income statement

See full
Revenue$1.9B+5.8%
Net income$47.0M-7.8%
EPS (diluted)$0.120.0%

Balance sheet

See full
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

See full
Operating cash flow$52.0M+767%

Valuation

See full
Market cap$3.71B+8.4%
Enterprise value$3.23B+2.5%
P/E17.5×-0.5×
P/S0.5×0.0×

Profitability

See full
Net margin2.9%+0.2pp

Returns & leverage

See full
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 variable annuities — deferred acquisition costs?
Genworth Financial (GNW) reported variable annuities — deferred acquisition costs of $66M in Q2 2026.
How has Genworth Financial's variable annuities — deferred acquisition costs changed year-over-year?
Genworth Financial's variable annuities — deferred acquisition costs decreased by 14.3% year-over-year, from $77M to $66M.
What is the long-term trend for Genworth Financial's variable annuities — deferred acquisition costs?
Over 2 years (2023 to 2025), Genworth Financial's variable annuities — deferred acquisition costs has grown at a -14.5% compound annual growth rate (CAGR), from $413M to $302M.
What does variable annuities — deferred acquisition costs mean?
This metric represents the capitalized costs directly associated with the acquisition of new variable annuity business, such as commissions and underwriting expenses. These costs are deferred on the balance sheet and amortized over the expected life of the policies. It serves as a key indicator of the company's investment in future revenue streams and long-term profitability.

Ask your AI about Genworth Financial's variable annuities — deferred acquisition costs.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude