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Security National Financial Corporation SNFCA Preneed Contracts — Deferred Policy Acquisition Cost Amortization Expense

Other product segments

Fixed Annuity
$32.47K-2.1%

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EQHAmortization of deferred policy acquisition costs
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Other financials

Income statement

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Revenue$79.7M-3.6%
Gross profit$78.5M-3.7%
Net income$7.0M+9.2%
EPS (diluted)$0.27+8.0%

Balance sheet

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Cash & equivalents$162.1M+11.6%
Total debt$4.2M-22.1%
Total equity$425.5M+10.4%
Total assets$1.6B+3.7%

Cash flow

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Operating cash flow$32.9M+244%
CapEx$189.7K-57.0%
Free cash flow$32.8M+258%

Valuation

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Market cap$252.31M+3.1%
P/E7.3×-1.7×
P/S0.7×0.0×

Profitability

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Gross margin98.6%+0.1pp
Net margin10.2%+1.8pp
FCF margin29.3%+18.3pp

Returns & leverage

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Return on equity8.6%+0.6pp
Debt / equity0.0×

Where this comes from

Reported directly by Security National Financial Corporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

The official record: Security National Financial Corporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Security National Financial Corporation's preneed contracts — deferred policy acquisition cost amortization expense?
Security National Financial Corporation (SNFCA) reported preneed contracts — deferred policy acquisition cost amortization expense of $289.94K in Q1 2026.
How has Security National Financial Corporation's preneed contracts — deferred policy acquisition cost amortization expense changed year-over-year?
Security National Financial Corporation's preneed contracts — deferred policy acquisition cost amortization expense increased by 66.7% year-over-year, from $173.97K to $289.94K.
What does preneed contracts — deferred policy acquisition cost amortization expense mean?
This metric represents the periodic expense recognized as capitalized acquisition costs are systematically allocated over the life of the preneed contracts. It reflects the consumption of the asset created by initial acquisition efforts in alignment with the revenue generated from those contracts. Investors use this to evaluate the underlying profitability of the preneed segment by understanding how acquisition costs impact current period earnings.