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Jackson Financial JXN Retail Annuities — Other commission expenses

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Other financials

Income statement

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Revenue$2.9B-22.6%
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$9.11B+41.1%
Enterprise value$6.25B+32.9%
P/S1.6×+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 source filing: Jackson Financial’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:22 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001822993-26-000072
Three Months Ended March 31, 2026Retail AnnuitiesInstitutional ProductsClosed Lifeand Annuity BlocksCorporate and OtherTotal Consolidated
Interest credited11811486318
Interest expense61925
Asset-based commission expenses295295
Other commission expenses3157322
Sub-advisor expenses76(2)74
General and administrative expenses23212739299
Deferral of acquisition costs(255)(255)
Amortization of deferred acquisition costs1582160

Item 1. Financial Statements

FAQ

What is Jackson Financial's retail annuities — other commission expenses?
Jackson Financial (JXN) reported retail annuities — other commission expenses of $315M in Q1 2026.
How has Jackson Financial's retail annuities — other commission expenses changed year-over-year?
Jackson Financial's retail annuities — other commission expenses increased by 52.9% year-over-year, from $206M to $315M.
What is the long-term trend for Jackson Financial's retail annuities — other commission expenses?
Over 3 years (2022 to 2025), Jackson Financial's retail annuities — other commission expenses has grown at a 11.2% compound annual growth rate (CAGR), from $809M to $1.11B.
What does retail annuities — other commission expenses mean?
Represents the variable costs paid to third-party distributors and agents for the sale of retail annuity products, excluding asset-based commissions. This metric reflects the company's distribution strategy and the cost of acquiring new retail annuity contracts.

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