Brighthouse Financial, Inc. (BHF) Financial Statements
Industry: Life Insurance
In fiscal 2025, Brighthouse Financial reported revenue of $6.77B, up 43.2% from $4.72B the year before. Net income was $433.0M (a 6.4% net margin), or $5.71 per diluted share. Gross margin was 73.3% and operating margin was 23.9%. Operating activities generated $259.0M of cash. At fiscal year end, Brighthouse Financial held $241.80B in total assets against $234.97B in total liabilities.
Open the full interactive Brighthouse Financial financials → Quarterly statements, key ratios, valuation history and price charts.
Brighthouse Financial Key Stats
| Share Price | $47.92 |
|---|---|
| Market Cap | $2.77B |
| P/E Ratio | 8.4 |
| Revenue YoY Growth | +43.2% |
| 52-Week Range | $45.14 – $66.61 |
| Shares Outstanding | 57.5 million (basic, 2026 Q2) |
Brighthouse Financial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.50B | $7.14B | $8.47B | $4.12B | $4.72B | $6.77B |
| Cost of Goods Sold | $5.71B | $3.44B | $4.17B | $2.68B | $2.29B | $1.80B |
| Gross Profit | $2.79B | $3.70B | $4.31B | $1.44B | $2.43B | $4.96B |
| Operating Income | -$278.0M | $1.59B | $657.0M | $969.0M | $1.32B | $1.62B |
| Pre-Tax Income | -$1.42B | -$208.0M | -$172.0M | -$1.47B | $422.0M | $474.0M |
| Income Tax | -$363.0M | -$105.0M | -$182.0M | -$367.0M | $29.0M | $36.0M |
| Net Income | -$1.06B | -$108.0M | $5.0M | -$1.11B | $388.0M | $433.0M |
| Diluted EPS | -$11.58 | -$2.36 | -$1.36 | -$18.39 | $4.64 | $5.71 |
Brighthouse Financial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.82B | $1.69B | $1.53B | $1.62B |
| Net Income | $479.0M | $137.0M | -$766.0M | $981.0M |
| Diluted EPS | $7.89 | $2.36 | -$13.82 | $16.53 |
Brighthouse Financial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.11B | $4.47B | — | — | — | — |
| Total Assets | $247.87B | $259.84B | $225.58B | $236.34B | $238.54B | $241.80B |
| Total Long-Term Debt | $3.44B | $3.16B | $3.16B | $3.16B | $3.15B | $3.15B |
| Total Liabilities | $229.78B | $243.63B | $219.54B | $231.33B | $233.51B | $234.97B |
| Shareholders' Equity | $18.02B | $16.14B | $5.97B | $4.94B | $4.96B | $6.77B |
Brighthouse Financial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $888.0M | $746.0M | -$1.15B | -$137.0M | -$290.0M | $259.0M |
| Cash From Investing | -$5.84B | -$12.24B | -$8.28B | -$3.20B | -$2.19B | $751.0M |
| Cash From Financing | $6.19B | $11.86B | $9.07B | $3.07B | $3.68B | -$668.0M |
Figures from Brighthouse Financial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Brighthouse Financial financials page for every line item.
Brighthouse Financial Company Profile
| Ticker | BHF |
|---|---|
| Exchange | Nasdaq |
| Industry | Life Insurance |
| Headquarters | Charlotte, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001685040 |
Frequently Asked Questions
What was Brighthouse Financial's revenue in fiscal 2025?
Brighthouse Financial (BHF) reported revenue of $6.77B for fiscal 2025.
What is Brighthouse Financial's annual revenue history?
Brighthouse Financial's annual revenue by fiscal year: 2020: $8.50B; 2021: $7.14B; 2022: $8.47B; 2023: $4.12B; 2024: $4.72B; 2025: $6.77B.
What was Brighthouse Financial's net income in fiscal 2025?
Brighthouse Financial reported net income of $433.0M for fiscal 2025.
What was Brighthouse Financial's earnings per share (EPS) in fiscal 2025?
Brighthouse Financial's diluted EPS was $5.71 for fiscal 2025 (adjusted for any later stock splits).
What was Brighthouse Financial's revenue last quarter?
In its most recent reported quarter (2026 Q2), Brighthouse Financial reported revenue of $1.62B.
How much debt does Brighthouse Financial have?
Brighthouse Financial reported $3.15B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Brighthouse Financial are outstanding?
Brighthouse Financial reported a weighted average of 57.5 million basic shares outstanding in 2026 Q2.
What is Brighthouse Financial's market cap?
Based on its latest closing price, Brighthouse Financial (BHF) has a market capitalization of about $2.77B.
When does Brighthouse Financial's fiscal year end?
Brighthouse Financial's fiscal year end, as registered with the SEC, is December 31.
Where is Brighthouse Financial headquartered?
Brighthouse Financial lists its business address in Charlotte, North Carolina in its SEC filings.