---
schema_version: "secwatch.filing_event.v1"
accession: "0001685040-26-000017"
form_type: "8-K"
ticker: "BHF"
cik: "0001685040"
company_name: "Brighthouse Financial, Inc."
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:47:47.055526+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Brighthouse Financial Q1 net loss $792M; adjusted earnings $239M; annuity sales $2.2B

## Summary
- Net loss available to shareholders of $792M ($13.82/diluted share) vs. $294M loss in Q1 2025.
- Adjusted earnings, less notable items, of $251M ($4.35/diluted share); reported adjusted earnings $239M ($4.15/diluted share).
- Estimated combined RBC ratio of 430%-450%; holding company liquid assets of $0.9B at quarter end.
- Annuity sales of $2.2B driven by $1.9B Shield Level Annuities; Life sales of $32M led by SmartCare.
- Unfavorable notable item of $12M ($0.21/diluted share) related to actuarial refinements.

## SEC filing metadata
- accession: 0001685040-26-000017
- form_type: 8-K
- ticker: BHF
- cik: 0001685040
- company_name: Brighthouse Financial, Inc.
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1685040/000168504026000017/0001685040-26-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1685040/000168504026000017/bhf-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001685040-26-000017
- JSON: https://secwatch.observer/filing/0001685040-26-000017.json
- Plain text: https://secwatch.observer/filing/0001685040-26-000017.txt

## Source-grounded claims
- claim_id: 3409f1251c045e9b5395562079dbb269e486e422
  claim: Brighthouse Financial, Inc. reported first quarter ended March 31, 2026 results: net income net loss available to shareholders of $792 million, or $13.82 per diluted share.
  evidence_excerpt: The company reported a net loss available to shareholders of $792 million in the first quarter of 2026, or $13.82 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1685040/000168504026000017/0001685040-26-000017-index.htm

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