---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-134429"
form_type: "8-K"
ticker: "GNW"
cik: "0001276520"
company_name: "GENWORTH FINANCIAL INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:24:09.834660+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Genworth Q1 net income falls to $62M from $191M; adjusted op income $84M; LTC loss $37M

## Summary
- Net income $62M ($0.12 diluted EPS) vs $191M ($0.37) in Q1 2022; adjusted operating income $84M ($0.17) vs $120M ($0.23).
- Enact segment adjusted operating income $143M; PMIERs sufficiency ratio 164%.
- LTC adjusted operating loss $(37)M; Life and Annuities adjusted operating loss $(4)M.
- Executed $68M in share repurchases in Q1; $182M total through April 2023 at avg price <$5/share.
- LTC rate actions achieved ~$23.8B net present value since 2012; statutory pre-tax income $192M; RBC ratio 295%.

## SEC filing metadata
- accession: 0001193125-23-134429
- form_type: 8-K
- ticker: GNW
- cik: 0001276520
- company_name: GENWORTH FINANCIAL INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1276520/000119312523134429/0001193125-23-134429-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1276520/000119312523134429/d486218d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-134429
- JSON: https://secwatch.observer/filing/0001193125-23-134429.json
- Plain text: https://secwatch.observer/filing/0001193125-23-134429.txt

## Key facts
- Earnings Releases
  GENWORTH FINANCIAL INC reported quarter ended March 31, 2023 results: net income $62 million, EPS $0.12 per diluted share.
  - Period: quarter ended March 31, 2023
  - Net income: $62 million
  - EPS: $0.12 per diluted share
  - Result: reported results
  source text: Genworth Financial Announces First Quarter 2023 Results Net Income of $62 Million and Adjusted Operating Income of $84 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1276520/000119312523134429/0001193125-23-134429-index.htm

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