Q2 FY2026 EarningsQ2 FY26 revenue of $3.91B missed the $4.60B consensus, while GAAP EPS of -$0.04 significantly missed the $1.05 expected. Results were heavily impacted by $554M in net realized losses and the $48.7B individual variable annuity reinsurance transaction with CSLR. Adjusted After-tax Operating Income (AATOI) was $512M ($1.13 per share), supported by a 5% increase in base portfolio income YoY, despite higher surrenders in the Group Retirement segment.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Corebridge Financial(CRBG) the Revenue is 4.296 B (-2.81%), Miss estimate;the EBIT is 664 M (-28.91%), Miss estimate;the EPS is -0.04 (+96.67%), Miss estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueMiss expectations
4.30B2.81%
4.60B3.99%
-0.30B6.80%
EBITMiss expectations
0.66B28.91%
0.69B26.62%
-0.02B2.29%
EPSMiss expectations
-0.0496.67%
1.0547187.89%
-1.094791.22%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf