<span item_type="fundamental" item_id="f65494ea5d429e9ca1a7eeb7deaf6165" counter_id="ST/US/BHFAM" env="prod"></span><span item_type="announcement" item_id="514292025109184769" env="prod"></span><p>EPS: As of FY2025 Q1, the actual value is USD -5.04.</p><p>EBIT: As of FY2025 Q1, the actual value is USD -354 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Annuities</strong>: Total revenues for the Annuities segment were $1,590 million for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li><li><strong>Life</strong>: Total revenues for the Life segment were $281 million for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li><li><strong>Run-off</strong>: Total revenues for the Run-off segment were $368 million for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li><li><strong>Corporate &amp; Other</strong>: Total revenues for the Corporate &amp; Other segment were $151 million for the three months ended March 31, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: The net income attributable to Brighthouse Financial, Inc. was -$268 million for the three months ended March 31, 2025, compared to -$493 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li><li><strong>Operating Costs</strong>: Total expenses were $2,744 million for the three months ended March 31, 2025, compared to $688 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Operating Cash Flow</strong>: Net cash provided by operating activities was $146 million for the three months ended March 31, 2025, compared to -$530 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Investment Income</strong>: Net investment income was $1,297 million for the three months ended March 31, 2025, compared to $1,254 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company continues to focus on its primary business segments, including Annuities and Life insurance products, with adjusted earnings reflecting the underlying profitability drivers of the business.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li><li><strong>Non-Core Business</strong>: The Run-off segment consists primarily of products that are no longer actively sold and are separately managed, including universal life with secondary guarantees, structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, and certain funding agreements.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul><h3>Priority</h3><ul><li><strong>Strategic Plans</strong>: The company is evaluating the impact of new accounting guidance on its financial statements, which may affect future reporting and strategic decisions.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1685040/000168504025000018/bhf-20250331.htm"></span></li></ul>

Brighthouse Financial Pref Share BHFAM 4.625 Perp 12/25/26 | 10-Q: FY2025 Q1 EPS: USD -5.04