Aflac Incorporated (AFL)

Aflac Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Premiums & Annuity Revenue	3,271	3,252	3,310	3,325	3,372	3,470	3,381	3,331	3,328	3,325	3,456	3,386	3,476	3,573	3,688	3,522	3,535	3,764	4,079	4,241
Total Interest & Dividend Income	-	984	956	973	1,067	1,081	955	1,016	1,006	1,095	1,000	865	1,004	999	943	896	920	937	903	910
Gain (Loss) on Sale of Investments	-	-153	49	537	275	-421	-963	1,032	-1,408	696	951	-511	423	555	123	-522	199	564	122	244
Other Revenue	-	34	31	31	26	30	25	24	23	22	29	38	47	45	46	52	50	50	69	41
Total Revenue	3,271	4,117	4,346	4,866	4,740	4,160	3,398	5,403	2,949	5,138	5,436	3,778	4,950	5,172	4,800	3,948	4,704	5,315	5,173	5,436
Revenue Growth (YoY)	-30.99%	-1.03%	27.90%	-9.94%	60.73%	-19.04%	-37.49%	43.01%	-40.42%	-0.66%	13.25%	-4.31%	5.23%	-2.69%	-7.21%	-27.37%	-10.18%	-4.47%	-11.86%	-8.07%
Policy Benefits	1,439	1,852	1,832	1,902	1,436	2,010	1,945	1,923	1,595	1,921	2,010	2,103	1,860	2,098	2,150	2,054	2,076	2,274	2,483	2,580
Policy Acquisition & Underwriting Costs	1,332	457	458	465	472	472	456	460	465	454	470	463	451	470	485	465	461	476	507	605
Selling, General & Administrative	-	749	771	866	781	804	802	835	747	694	739	875	785	728	775	836	779	802	833	962
Total Operating Expenses	2,771	3,058	3,061	3,233	2,689	3,286	3,203	3,218	2,807	3,069	3,219	3,441	3,096	3,296	3,410	3,355	3,316	3,552	3,823	4,147
Operating Income	500	1,059	1,285	1,633	2,051	874	195	2,185	142	2,069	2,217	337	1,854	1,876	1,390	593	1,388	1,763	1,350	1,289
Interest Expense	-	-64	-60	-61	-57	-52	-50	-50	-50	-50	-47	-47	-49	-51	-48	-55	-59	-55	-56	-57
Pretax Income	500	995	1,225	1,572	1,994	822	145	2,135	92	2,019	2,170	290	1,805	1,825	1,342	538	1,329	1,708	1,294	1,232
Income Tax Expense	197	170	206	193	355	223	116	233	185	264	291	22	236	191	154	342	-452	314	247	193
Net Income	303	825	1,019	1,379	1,639	599	29	1,902	-93	1,755	1,879	268	1,569	1,634	1,188	196	1,781	1,394	1,047	1,039
Net Income to Common	303	825	1,019	1,379	1,639	599	29	1,902	-93	1,755	1,879	268	1,569	1,634	1,188	196	1,781	1,394	1,047	1,039
Net Income Growth (YoY)	-81.51%	37.73%	3413.79%	-27.50%	-	-65.87%	-98.46%	609.70%	-	7.41%	58.16%	36.73%	-11.90%	17.22%	13.47%	-81.14%	100.56%	26.15%	-19.03%	9.14%
Shares Outstanding (Basic)	497	504	513	520	530	537	545	553	558	565	575	582	591	601	611	620	629	641	650	659
Shares Outstanding (Diluted)	499	506	515	522	532	538	547	555	560	567	577	585	594	603	614	623	632	643	653	663
Shares Change (YoY)	-6.26%	-6.10%	-5.87%	-5.94%	-5.07%	-5.01%	-5.30%	-5.03%	-5.59%	-5.99%	-5.94%	-6.12%	-6.07%	-6.27%	-5.96%	-5.96%	-5.95%	-5.53%	-5.65%	-5.87%
EPS (Basic)	0.61	1.64	1.99	2.65	3.09	1.12	0.05	3.44	-0.17	3.11	3.27	0.46	2.65	2.72	1.94	0.32	2.83	2.18	1.61	1.58
EPS (Diluted)	0.61	1.63	1.98	2.64	3.08	1.11	0.05	3.42	-0.17	3.10	3.25	0.45	2.64	2.71	1.94	0.32	2.82	2.17	1.60	1.57
EPS Growth (YoY)	-80.20%	46.85%	3860.00%	-22.91%	-	-64.19%	-98.46%	654.38%	-	14.39%	67.53%	43.47%	-6.38%	24.88%	21.25%	-79.84%	113.64%	33.95%	-14.44%	15.99%

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Dividend Per Share	0.610	0.610	0.610	0.580	0.580	0.580	0.580	0.500	0.500	0.500	0.500	0.420	0.420	0.420	0.420	0.400	0.400	0.400	0.400	0.330
Dividend Growth (YoY)	5.17%	5.17%	5.17%	16.00%	16.00%	16.00%	16.00%	19.05%	19.05%	19.05%	19.05%	5.00%	5.00%	5.00%	5.00%	21.21%	21.21%	21.21%	21.21%	17.86%
Operating Margin	15.29%	25.72%	29.57%	33.56%	43.27%	21.01%	5.74%	40.44%	4.81%	40.27%	40.78%	8.92%	37.45%	36.27%	28.96%	15.02%	29.51%	33.17%	26.10%	23.71%
Profit Margin	9.26%	20.04%	23.45%	28.34%	34.58%	14.40%	0.85%	35.20%	-3.15%	34.16%	34.57%	7.09%	31.70%	31.59%	24.75%	4.96%	37.86%	26.23%	20.24%	19.11%
EBITDA	508	1,067	1,292	1,648	2,058	882	201	2,217	146	2,072	2,218	346.75	1,865	1,887	1,401	604.25	1,399	1,774	1,361	1,300
EBITDA Margin	15.53%	25.92%	29.73%	33.87%	43.42%	21.20%	5.92%	41.03%	4.95%	40.33%	40.80%	9.18%	37.68%	36.49%	29.19%	15.30%	29.75%	33.38%	26.31%	23.92%
D&A For EBITDA	8	8	7	15	7	8	6	32	4	3	1	9.75	11.25	11.25	11.25	11.25	11.25	11.25	11.25	11.25
EBIT	500	1,059	1,285	1,633	2,051	874	195	2,185	142	2,069	2,217	337	1,854	1,876	1,390	593	1,388	1,763	1,350	1,289
EBIT Margin	15.29%	25.72%	29.57%	33.56%	43.27%	21.01%	5.74%	40.44%	4.81%	40.27%	40.78%	8.92%	37.45%	36.27%	28.96%	15.02%	29.51%	33.17%	26.10%	23.71%
Effective Tax Rate	39.40%	17.09%	16.82%	12.28%	17.80%	27.13%	80.00%	10.91%	201.09%	13.08%	13.41%	7.59%	13.08%	10.47%	11.47%	63.57%	-	18.38%	19.09%	15.67%
Revenue as Reported	-	4,117	4,346	4,866	4,740	4,160	3,398	5,403	2,949	5,138	5,436	3,778	4,950	5,172	4,800	3,948	4,704	5,315	5,173	5,436

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

Data Sources Report a data error