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Lincoln National LNC Variable Annuities — Policyholder Account Balance, Policy Charge

Other product segments

UL and Other
$1.1B-0.8%
Fixed Annuities
$15M0.0%

Similar metrics at other companies

Brighthouse Financial logo
BHFVariable Annuities — Policyholder Account Balance, Policy Charge
$5M-16.7%
Genworth Financial logo
GNWVariable annuities — Policyholder Account Balance, Policy Charge
$2M0.0%
Ameriprise Financial logo
AMPStructured Variable Annuities — Policyholder Account Balance, Policy Charge
$1M0.0%
Prudential Financial logo
PRUAnnuities — Policyholder Account Balance, Policy Charge
$1M
Fidelity National Financial logo
FNFIndexed annuities — Policyholder Account Balance, Policy Charge
$57M-91.4%
Genworth Financial logo
GNWFixed annuities — Policyholder Account Balance, Policy Charge
$1M0.0%

Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$8.98B+20.1%
Enterprise value$8B+31.2%
P/E5.2×-1.4×
P/S0.5×+0.1×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:PolicyholderAccountBalancePolicyCharge.

The source filing: Lincoln National’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000059558-26-000035
Line itemVariable AnnuitiesFixed AnnuitiesUL and OtherRetirement Plan Services
Balance as of beginning-of-year$40,060$28,728$35,986$23,843
Gross deposits1,869718837880
Withdrawals(920)(616)(403)(1,279)
Policyholder assessments(1)(15)(1,095)(5)
Net transfers from (to) separate account(651)6886
Interest credited230256357169
Change in fair value of embedded derivative
instruments and other(1,444)(97)(27)

Item 1. Financial Statements

FAQ

What is Lincoln National's variable annuities — policyholder account balance, policy charge?
Lincoln National (LNC) reported variable annuities — policyholder account balance, policy charge of $1M in Q1 2026.
What does variable annuities — policyholder account balance, policy charge mean?
Fees and administrative charges deducted directly from the policyholder account balance to cover insurance costs and management expenses. This metric is a primary driver of revenue and profitability for the variable annuity segment.

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