Brighthouse Financial, Inc. (BHF)

Brighthouse Financial Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Premiums Earned	695	770	828	662	707
Investment Income	5,244	5,222	4,664	4,138	4,881
Net Gains on Investments	-97	-295	-246	-248	-59
Total Other Revenues	2,716	2,695	2,778	2,913	3,430
Revenue	6,766	4,724	4,117	6,873	4,976
Revenue Growth (YoY)	43.23%	14.74%	-40.10%	38.12%	-41.48%
Insurance Benefits & Claims	3,725	1,757	2,994	-573	-119
Policy Amortization Costs	609	599	620	629	637
Other Operating Expenses	1,958	1,946	1,977	2,085	2,449
Operating Income	474	422	-1,474	4,732	2,009
Pretax Income	474	422	-1,474	4,732	2,009
Provision for Income Taxes	36	29	-367	848	361
Net Income	331	286	-1,214	3,775	1,554
Minority Interest in Earnings	5	5	5	5	5
Net Income Attributable to Preferred Dividends	102	102	102	104	89
Net Income to Common	331	286	-1,214	3,775	1,554
Net Income Growth	15.73%	-	-	142.92%	-
Shares Outstanding (Basic)	58	61	66	73	84
Shares Outstanding (Diluted)	58	62	66	74	84
Shares Change (YoY)	-5.94%	-6.69%	-10.29%	-12.89%	-11.42%
EPS (Basic)	5.75	4.67	-18.39	51.73	18.54
EPS (Diluted)	5.71	4.64	-18.39	51.30	18.39
EPS Growth	23.06%	-	-	178.96%	-
Shares Outstanding	57.17	58.63	63.5	68.28	77.87
Free Cash Flow	259	-290	-137	-1,228	641
Free Cash Flow Growth	-	-	-	-	-27.82%
Free Cash Flow Per Share	4.47	-4.71	-2.08	-16.69	7.59
Operating Margin	7.01%	8.93%	-35.80%	68.85%	40.37%
Profit Margin	6.47%	8.32%	-26.89%	56.51%	33.12%
FCF Margin	3.83%	-6.14%	-3.33%	-17.87%	12.88%
EBITDA	474	422	-1,474	4,732	2,009
EBIT	474	422	-1,474	4,732	2,009
EBIT Margin	7.01%	8.93%	-35.80%	68.85%	40.37%
Effective Tax Rate	7.59%	6.87%	24.90%	17.92%	17.97%

Updated Feb 23, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.

SEC Filings: 10-K · 10-Q