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Jackson Financial JXN Asset-based commission expenses

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Segments

By segment

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Retail Annuities$295M+3.9%
Closed Life and Annuity Blocks$0
Institutional Products$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 jxn:AssetBasedCommissionExpense.

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, 2026Three Months Ended March 31, 2025
Asset-based commission expenses$295$284
Other commission expenses322215
Sub-advisor expenses7478
General and administrative expenses (1)299259
Deferral of acquisition costs(255)(159)
Total operating costs and other expenses$735$677

Item 1. Financial Statements

FAQ

What is Jackson Financial's asset-based commission expenses?
Jackson Financial (JXN) reported asset-based commission expenses of $295M in Q1 2026.
How has Jackson Financial's asset-based commission expenses changed year-over-year?
Jackson Financial's asset-based commission expenses increased by 3.9% year-over-year, from $284M to $295M.
What is the long-term trend for Jackson Financial's asset-based commission expenses?
Over 4 years (2021 to 2025), Jackson Financial's asset-based commission expenses has grown at a 0.6% compound annual growth rate (CAGR), from $1.13B to $1.15B.
What does asset-based commission expenses mean?
Commissions paid to distributors or agents that are calculated as a percentage of the assets under management or account value. This is a primary variable cost driver for annuity and investment product sales.

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