Brighthouse Financial Pref Share BHFAO 6.75 Perp 06/25/25 B | 10-Q: FY2025 Q2 Revenue: USD 871 M

Revenue: As of FY2025 Q2, the actual value is USD 871 M.

EPS: As of FY2025 Q2, the actual value is USD 1.02.

Segment Revenue

• Annuities: $202 million for the three months ended June 30, 2025, and $1,792 million for the six months ended June 30, 2025.
• Life: $269 million for the three months ended June 30, 2025, and $550 million for the six months ended June 30, 2025.
• Run-off: $209 million for the three months ended June 30, 2025, and $577 million for the six months ended June 30, 2025.
• Corporate & Other: $191 million for the three months ended June 30, 2025, and $342 million for the six months ended June 30, 2025.

Operational Metrics

• Net Income (Loss): $85 million for the three months ended June 30, 2025, and -$181 million for the six months ended June 30, 2025.
• Operating Costs: Total expenses were $778 million for the three months ended June 30, 2025, and $3,522 million for the six months ended June 30, 2025.

Cash Flow

• Operating Cash Flow: $145 million for the six months ended June 30, 2025.

Unique Metrics

• Net Derivative Gains (Losses): -$1,237 million for the three months ended June 30, 2025, and -$926 million for the six months ended June 30, 2025.
• Net Investment Gains (Losses): -$39 million for the three months ended June 30, 2025, and -$122 million for the six months ended June 30, 2025.

Future Outlook and Strategy

• Core Business Focus: The company aims to enhance its primary businesses by excluding the impact of market volatility, which could distort trends. Adjusted earnings focus on the company’s primary businesses by excluding the impact of market volatility.
• Non-Core Business: The Corporate & Other segment includes activities related to funding agreements, excess capital not allocated to other segments, interest expense related to outstanding debt, and preferred stock dividends, as well as expenses associated with certain legal proceedings and income tax audit issues.
• Priority: The company emphasizes strategies with concrete projections or quantitative indicators over generic or vague statements.