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Security National Financial Corporation SNFCA Preneed Contracts — Deferred Policy Acquisition Costs

Other product segments

Fixed Annuity
$568.04K+3.9%

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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:DeferredPolicyAcquisitionCosts.

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 costs?
Security National Financial Corporation (SNFCA) reported preneed contracts — deferred policy acquisition costs of $4.38M in Q1 2026.
How has Security National Financial Corporation's preneed contracts — deferred policy acquisition costs changed year-over-year?
Security National Financial Corporation's preneed contracts — deferred policy acquisition costs increased by 5.9% year-over-year, from $4.13M to $4.38M.
What does preneed contracts — deferred policy acquisition costs mean?
This metric represents the capitalized costs associated with acquiring new preneed insurance or cemetery contracts that are expected to provide future economic benefits. It reflects the deferral of commissions, underwriting costs, and other direct expenses incurred to secure these long-term agreements. Monitoring this balance helps investors assess the company's investment in future revenue streams and the potential for future profitability from the preneed segment.