earnings
confidence high
sentiment positive
materiality 0.80
Jackson Financial Q2 2026: record Non-GAAP EPS $7.30, GAAP EPS $9.16, retail annuity sales up 34% YoY
Jackson Financial Inc.
- GAAP net income $644M ($9.16 diluted EPS); Non-GAAP adjusted operating earnings $513M ($7.30 diluted EPS), both record levels.
- Retail annuity sales grew 34% YoY to $5.9B; spread-based products represented 54% of total retail sales.
- Free cash flow of $287M in Q2; capital return of $290M including dividends and share repurchases.
- Holding company liquidity $1.4B; 2026 capital return target reaffirmed at $900M-$1.1B.
- PPM America AUM reached $100B, up from $94B at end of 2025.