earnings
confidence high
sentiment neutral
materiality 0.85
Jackson Financial Q1 GAAP loss $435M; adj EPS $5.15; free cash flow up 35%
Jackson Financial Inc.
2026-Q1 EPS reported
-$6.24
revenue$2,902,000,000
- GAAP net loss $(435)M ($6.24/sh) from non-operating hedge/MRB volatility; adj. operating earnings $361M ($5.15/sh).
- Adj. operating EPS ex notable items $5.94; notable items include LP underperformance and data process enhancements.
- Free cash flow $288M, up 35% YoY; returned $257M to shareholders via dividends and buybacks in Q1.
- Retail annuity sales up 31% YoY; non-VA advisory sales up 71% YoY; non-VA now 47% of advisory sales.
- 2026 capital return target reaffirmed $900M-$1.1B; dividend raised 12.5% to $0.90/sh; free cap gen $271M.