---
schema_version: "secwatch.filing_event.v1"
accession: "0001822993-25-000016"
form_type: "8-K"
ticker: "JXN"
cik: "0001822993"
company_name: "Jackson Financial Inc."
filed_at: "2025-05-07T23:59:59+00:00"
generated_at: "2026-05-22T08:49:37.284085+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Jackson posts Q1 net loss of $35M; adjusted operating earnings rise to $376M

## Summary
- Net loss of $35M ($0.48 diluted EPS) vs. net income of $784M ($9.94) a year ago, partly on loss on reinsured business.
- Adjusted operating earnings of $376M ($5.10 EPS) vs. $334M ($4.23) YoY, driven by higher spread income and share repurchases.
- Retail annuity sales of $4.0B, up 9% YoY; VA sales up 9%, RILA up 3%, fixed annuities surged 74%.
- Free cash flow of $213M in Q1; returned $231M to shareholders ($172M buybacks, $59M dividends).
- JNLIC total adjusted capital over $5.2B, RBC ratio 585%; holding company cash over $600M.

## SEC filing metadata
- accession: 0001822993-25-000016
- form_type: 8-K
- ticker: JXN
- cik: 0001822993
- company_name: Jackson Financial Inc.
- filed_at: 2025-05-07T23:59:59+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/1822993/000182299325000016/0001822993-25-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822993/000182299325000016/jxn-20250507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822993-25-000016
- JSON: https://secwatch.observer/filing/0001822993-25-000016.json
- Plain text: https://secwatch.observer/filing/0001822993-25-000016.txt

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