---
schema_version: "secwatch.filing_event.v1"
accession: "0001822993-23-000022"
form_type: "8-K"
ticker: "JXN"
cik: "0001822993"
company_name: "Jackson Financial Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:49:16.769084+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jackson Financial reports Q1 net loss of $1.5B, adjusted operating earnings down 28% YoY

## Summary
- Net loss of $1,497M ($18.11 diluted EPS); adjusted operating earnings $271M ($3.15) down 28% from Q1 2022.
- Returned $124M to shareholders: $70M buybacks, $54M dividends; on track for $450-550M target.
- RILA sales $533M, up 168% YoY from $199M; total annuity account value $219B down 10% YoY, up 4% QoQ.
- Holding company liquidity >$1.5B; issued preferred stock with $533M net proceeds; RBC ratio within 425-500%.

## SEC filing metadata
- accession: 0001822993-23-000022
- form_type: 8-K
- ticker: JXN
- cik: 0001822993
- company_name: Jackson Financial Inc.
- filed_at: 2023-05-09T23:59:59+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/1822993/000182299323000022/0001822993-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822993/000182299323000022/jxn-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822993-23-000022
- JSON: https://secwatch.observer/filing/0001822993-23-000022.json
- Plain text: https://secwatch.observer/filing/0001822993-23-000022.txt

## Key facts
- Earnings Releases
  Jackson Financial Inc. reported the first quarter ended March 31, 2023 results: net income $(1,497) million, EPS $(18.11) per diluted share.
  - Period: the first quarter ended March 31, 2023
  - Net income: $(1,497) million
  - EPS: $(18.11) per diluted share
  - Result: reported results
  source text: Jackson Financial Inc. (the “Company”) issued a press release announcing its financial results for its first quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822993/000182299323000022/0001822993-23-000022-index.htm

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