What is Jackson Financial's RILA — deferred acquisition costs?

Jackson Financial (JXN) reported RILA — deferred acquisition costs of $699M in Q1 2026.

What does RILA — deferred acquisition costs mean?

Represents the cumulative balance of capitalized costs directly associated with the acquisition of new Registered Index Linked Annuity contracts. These costs are deferred and recognized as expenses over the expected life of the policies to match revenue recognition. It serves as a key indicator of the long-term investment made to secure future annuity business.

Jackson Financial (JXN) RILA — Deferred acquisition costs

Screener

Other product segments

Variable annuity

$10.7B-4.1%

Similar metrics at other companies

GLOther — Deferred acquisition costs

$288.67M-1.4%

AMPOther broker dealer acquisition costs — Deferred acquisition costs

$2M0.0%

GLUnited American — Deferred acquisition costs

$67.49M-3.2%

GLLiberty National — Deferred acquisition costs

$956.62M+7.0%

GLFamily Heritage — Deferred acquisition costs

$555.78M+9.7%

GLAmerican Income — Deferred acquisition costs

$3.42B+11.5%

Other financials

Income statement

See full

Revenue$2.9B-22.6%

Net income-$424.0M-1,667%

EPS (diluted)-$6.24-1,200%

Balance sheet

See full

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

See full

Operating cash flow$1.0B-34.4%

Valuation

See full

Market cap$9.11B+41.1%

Enterprise value$6.25B+32.9%

P/S1.6×+0.4×

Profitability

See full

Net margin11.7%—

Returns & leverage

See full

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 us-gaap:DeferredPolicyAcquisitionCosts.

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

Line item	Three Months Ended March 31, 2026	Year Ended December 31, 2025
Balance, beginning of period	$637	$399
Deferrals of acquisition costs	82	294
Amortization	(20)	(56)
RILA balance, end of period	$699	$637
Reconciliation of total DAC
Variable Annuities balance, end of period	$10,696	$10,810
RILA balance, end of period	699	637
Other product lines, end of period	239	213

Item 1. Financial Statements

FAQ

What is Jackson Financial's RILA — deferred acquisition costs?: Jackson Financial (JXN) reported RILA — deferred acquisition costs of $699M in Q1 2026.
What does RILA — deferred acquisition costs mean?: Represents the cumulative balance of capitalized costs directly associated with the acquisition of new Registered Index Linked Annuity contracts. These costs are deferred and recognized as expenses over the expected life of the policies to match revenue recognition. It serves as a key indicator of the long-term investment made to secure future annuity business.