--- title: "Globe Life | 8-K: FY2026 Q2 Revenue: USD 1.6 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/293518522.md" datetime: "2026-07-22T20:36:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293518522.md) - [en](https://longbridge.com/en/news/293518522.md) - [zh-HK](https://longbridge.com/zh-HK/news/293518522.md) --- # Globe Life | 8-K: FY2026 Q2 Revenue: USD 1.6 B Revenue: As of FY2026 Q2, the actual value is USD 1.6 B. EPS: As of FY2026 Q2, the actual value is USD 3.65, beating the estimate of USD 3.6388. EBIT: As of FY2026 Q2, the actual value is USD 390.94 M. ### Second Quarter 2026 Financial Highlights #### Overall Performance For the second quarter ended June 30, 2026, Globe Life Inc. reported net income of $287,747 thousand, compared to $252,749 thousand for the year-ago quarter. Net operating income was $284,685 thousand, up from $271,095 thousand in the prior year quarter. Total premium revenue grew to $1,297,622 thousand, an increase from $1,217,643 thousand in the year-ago quarter. Insurance underwriting income for the quarter was $370,289 thousand, compared to $354,176 thousand in the same period last year. Excess investment income increased to $38,315 thousand from $34,828 thousand year-over-year. #### Year-to-Date Performance (Six Months Ended June 30, 2026) Net income for the six months ended June 30, 2026, was $558,273 thousand, compared to $507,312 thousand in the prior year period. Net operating income for the six months was $558,205 thousand, up from $530,432 thousand. Net income as a Return on Equity (ROE) was 18.4% for the six months ended June 30, 2026, slightly down from 18.8% in the prior year. Net operating income as an ROE excluding accumulated other comprehensive income (AOCI) was 14.3%, a slight decrease from 14.4% in the previous year. Shareholders’ equity stood at $6,155,815 thousand, an increase from $5,419,030 thousand. Shareholders’ equity, excluding AOCI, increased to $7,877,544 thousand from $7,402,898 thousand. Book value per share was $78.18, up from $66.07, and book value per share excluding AOCI was $100.04, an increase from $90.26. #### Premium Revenue by Product Type Life insurance premium revenue for the quarter was $860,767 thousand, up from $839,544 thousand in the year-ago quarter. Health insurance premium revenue increased to $436,855 thousand from $378,099 thousand. #### Insurance Underwriting Income Life underwriting margin for the quarter was $359,350 thousand, compared to $340,074 thousand. Health underwriting margin was $99,285 thousand, up from $98,057 thousand. Annuity and other income totaled $3,100 thousand, an increase from $2,092 thousand. Administrative expenses were - $91,446 thousand, compared to - $86,047 thousand. The ratio of administrative expenses to premium improved slightly to 7.0% from 7.1%. #### Life Insurance Results by Distribution Channel - **Life Underwriting Margin:** American Income Division reported $213,604 thousand, Direct to Consumer Division $75,876 thousand, Liberty National Division $36,652 thousand, and Other $33,218 thousand. - **Life Premium:** American Income Division generated $466,334 thousand, Direct to Consumer Division $244,220 thousand, Liberty National Division $100,516 thousand, and Other $49,697 thousand. - **Life Net Sales:** American Income Division recorded $94,733 thousand, Direct to Consumer Division $26,578 thousand, Liberty National Division $26,131 thousand, and Other $2,165 thousand. #### Health Insurance Results by Distribution Channel - **Health Underwriting Margin:** United American Division reported $10,914 thousand, Family Heritage Division $45,087 thousand, Liberty National Division $23,145 thousand, American Income Division $18,221 thousand, and Direct to Consumer Division $1,918 thousand. - **Health Premium:** United American Division generated $211,416 thousand, Family Heritage Division $126,273 thousand, Liberty National Division $47,403 thousand, American Income Division $30,805 thousand, and Direct to Consumer Division $20,958 thousand. - **Health Net Sales:** United American Division recorded $27,894 thousand, Family Heritage Division $30,725 thousand, Liberty National Division $6,991 thousand, American Income Division $4,093 thousand, and Direct to Consumer Division $696 thousand. #### Producing Exclusive Agent Count - **Quarterly Average Producing Agent Count:** American Income Division had 11,391 agents, Liberty National Division 4,194 agents, and Family Heritage Division 1,608 agents. #### Investments Net investment income increased 4% to $293,820 thousand, while required interest on policy liabilities increased 3% to - $255,505 thousand. The investment portfolio at book value totaled $20,789,563 thousand as of June 30, 2026, comprising $17,940,189 thousand in fixed maturities at fair value, $425,513 thousand in mortgage loans, $758,676 thousand in policy loans, $1,466,858 thousand in other long-term investments, and $198,327 thousand in short-term investments. Fixed maturities at amortized cost were $19.3 billion, with 97% rated “investment grade.” The fixed maturity portfolio earned an annual taxable equivalent effective yield of 5.30%. Fixed maturity acquisitions for the quarter amounted to $399,143 thousand with an average annual effective yield of 6.3%. Other investment acquisitions totaled $91,247 thousand, including $63,728 thousand in limited partnerships, $25,179 thousand in mortgage loans, and $2,340 thousand in common stock. #### Share Repurchases Globe Life Inc. repurchased 1.1 million shares of common stock during the quarter at a total cost of $175 million, with an average share price of $154.28. #### Outlook / Guidance Globe Life Inc. increased its full-year 2026 earnings guidance to a range of $15.55 to $15.95 per diluted common share, representing an increase of $0.10 at the midpoint. ### Related Stocks - [GL.US](https://longbridge.com/en/quote/GL.US.md) ## Related News & Research - [Arrowstreet Capital Limited Partnership Reduces Position in Globe Life Inc. $GL](https://longbridge.com/en/news/293815352.md) - [GLOBE LIFE INC. REPORTS SECOND QUARTER 2026 RESULTS | GL Stock News](https://longbridge.com/en/news/293515950.md) - [Do Globe Life’s (GL) Higher 2026 Earnings Guidance And Buybacks Reframe Its Capital Allocation Story?](https://longbridge.com/en/news/293966195.md) - [KBC Group NV Grows Stake in Globe Life Inc. $GL](https://longbridge.com/en/news/293728835.md) - [Full Transcript: Globe Life Q2 2026 Earnings Call](https://longbridge.com/en/news/293667711.md)