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Jackson Financial JXN Closed Life and Annuity Blocks — Other commission expenses

Other segment segments

Retail Annuities
$315M+52.9%
Institutional Products
$0

Similar metrics at other companies

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UNMClosed Block — Commissions
$15.2M-15.1%
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UNMClosed Block — All Other Expenses
$78.25M+28.8%
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PRUClosed Block division — Other Operating Expenses
$71.75M-0.3%
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LNCAnnuities — Insurance Commissions
$339M+13.8%
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PRICorporate And Other — Insurance Commissions
$119K-39.9%
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FRHCOther — Other commission expenses
$2.2M+20.9%

Other financials

Income statement

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Revenue$2.9B-22.6%
Operating income$760.8M
Net income-$424.0M-1,667%
EPS (diluted)-$6.24-1,200%

Balance sheet

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Cash & equivalents$5.5B+42.5%
Total debt$2.7B+31.8%
Total equity$9.5B-7.8%
Total assets$339.54B+3.8%

Cash flow

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Operating cash flow$1.0B-34.4%

Valuation

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Market cap$7.45B+22.3%
Enterprise value$4.59B+8.2%
P/S1.3×+0.4×

Profitability

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Net margin11.7%

Returns & leverage

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Return on equity5.5%
Debt / equity0.3×+0.1×

Where this comes from

Reported directly by Jackson Financial in its filing.

Tagged under the XBRL concept jxn:OtherCommissionExpense.

The official record: Jackson Financial’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Jackson Financial's closed life and annuity blocks — other commission expenses?
Jackson Financial (JXN) reported closed life and annuity blocks — other commission expenses of $7M in Q1 2026.
How has Jackson Financial's closed life and annuity blocks — other commission expenses changed year-over-year?
Jackson Financial's closed life and annuity blocks — other commission expenses decreased by 22.2% year-over-year, from $9M to $7M.
What is the long-term trend for Jackson Financial's closed life and annuity blocks — other commission expenses?
Over 3 years (2022 to 2025), Jackson Financial's closed life and annuity blocks — other commission expenses has grown at a -3.7% compound annual growth rate (CAGR), from $37M to $33M.
What does closed life and annuity blocks — other commission expenses mean?
Represents the non-asset-based sales commissions paid to distributors for products within the closed life and annuity segment. These costs are associated with the ongoing servicing or legacy management of policies that are no longer actively marketed. Monitoring these expenses helps assess the cost efficiency of maintaining a legacy book of business.