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Primerica PRI Term Life — Deferred Policy Acquisition Cost Amortization Expense

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Other financials

Income statement

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Revenue$865.1M+9.0%
Gross profit$775.2M+17.3%
Net income$202.3M+13.4%
EPS (diluted)$6.45+19.4%

Balance sheet

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Cash & equivalents$600.2M-3.4%
Total debt$46.9M-10.5%
Total equity$2.5B+9.3%
Total assets$14.8B-0.3%

Cash flow

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Operating cash flow$193.8M+19.2%

Valuation

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Market cap$10B+13.9%
Enterprise value$9.44B+15.0%
P/E12.6×-0.4×
P/S2.9×+0.1×

Profitability

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Gross margin98.1%+0.2pp
Net margin23.2%+1.7pp

Returns & leverage

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Return on equity33%+2.3pp
Debt / equity0.0×

Where this comes from

Reported directly by Primerica in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The source filing: Primerica’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 12:44 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-337365
Line itemSix months ended / June 30, 2026 / Term Life InsuranceSix months ended / June 30, 2026 / Segregated Funds (Canada)Year ended / December 31, 2025 / Term Life InsuranceYear ended / December 31, 2025 / Segregated Funds (Canada)
DAC balance, beginning of period$3,845,442$55,139$3,608,599$55,303
Capitalization254,7981,381540,9522,547
Amortization(166,234)(2,638)(316,411)(5,381)
Foreign exchange translation and other(9,473)(1,830)12,3022,670
DAC balance, at the end of period$3,924,533$52,052$3,845,442$55,139

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is Primerica's term life — deferred policy acquisition cost amortization expense?
Primerica (PRI) reported term life — deferred policy acquisition cost amortization expense of $83.57M in Q2 2026.
How has Primerica's term life — deferred policy acquisition cost amortization expense changed year-over-year?
Primerica's term life — deferred policy acquisition cost amortization expense increased by 6.6% year-over-year, from $78.39M to $83.57M.
What is the long-term trend for Primerica's term life — deferred policy acquisition cost amortization expense?
Over 3 years (2022 to 2025), Primerica's term life — deferred policy acquisition cost amortization expense has grown at a 7.5% compound annual growth rate (CAGR), from $254.88M to $316.41M.
What does term life — deferred policy acquisition cost amortization expense mean?
This represents the periodic expense recognized in the income statement as the previously capitalized acquisition costs are systematically allocated over the life of the insurance policies. It reflects the matching of acquisition expenses with the revenue generated from the policies. A rising amortization expense typically follows periods of high policy growth.

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