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Jackson Financial JXN RILA — Deferred Policy Acquisition Costs, Amortization Expense

Other product segments

Variable annuity
$255M-1.9%

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$7M+16.7%
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EQHIUL — Deferred Policy Acquisition Costs, Amortization Expense
$3M0.0%

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 us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

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 itemThree Months Ended March 31, 2026Year Ended December 31, 2025
RILA
Balance, beginning of period$637$399
Deferrals of acquisition costs82294
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 period699637

Item 1. Financial Statements

FAQ

What is Jackson Financial's RILA — deferred policy acquisition costs, amortization expense?
Jackson Financial (JXN) reported RILA — deferred policy acquisition costs, amortization expense of $20M in Q1 2026.
How has Jackson Financial's RILA — deferred policy acquisition costs, amortization expense changed year-over-year?
Jackson Financial's RILA — deferred policy acquisition costs, amortization expense increased by 42.9% year-over-year, from $14M to $20M.
What is the long-term trend for Jackson Financial's RILA — deferred policy acquisition costs, amortization expense?
Over 2 years (2023 to 2025), Jackson Financial's RILA — deferred policy acquisition costs, amortization expense has grown at a 116.0% compound annual growth rate (CAGR), from $12M to $56M.
What does RILA — deferred policy acquisition costs, amortization expense mean?
The periodic charge to the income statement representing the systematic recognition of previously capitalized acquisition costs. This expense reflects the consumption of the asset created by acquiring new annuity contracts over their estimated duration. It is a critical component in assessing the profitability and margin profile of the RILA product line.

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