---
schema_version: "secwatch.filing_event.v1"
accession: "0000004977-25-000133"
form_type: "8-K"
ticker: "AFL"
cik: "0000004977"
company_name: "AFLAC INC"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:08:26.854716+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Aflac Q2 net earnings fall 66% to $599M on $421M investment losses; adjusted EPS down 2.7%

## Summary
- Net earnings $599M ($1.11 diluted EPS) vs $1.8B ($3.10) a year ago; total revenues $4.2B down 19%.
- Adjusted earnings $957M ($1.78) down 7.5% from $1.0B; adjusted EPS down 2.7% excluding yen benefit.
- Japan segment sales up 23.2% in yen to ¥20.7B; pretax adjusted profit margin 32.0% vs 35.3% a year ago.
- U.S. net earned premiums up 3.4% to $1.5B; sales up 2.7% to $340M; profit margin 22.5% vs 22.7%.
- Q3 dividend declared $0.58/share (up 16% YoY); $829M in share repurchases during Q2.

## SEC filing metadata
- accession: 0000004977-25-000133
- form_type: 8-K
- ticker: AFL
- cik: 0000004977
- company_name: AFLAC INC
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4977/000000497725000133/0000004977-25-000133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4977/000000497725000133/afl-20250805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004977-25-000133
- JSON: https://secwatch.observer/filing/0000004977-25-000133.json
- Plain text: https://secwatch.observer/filing/0000004977-25-000133.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.