NYSE$FG

F&G Annuities & Life Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

F&G Annuities & Life reported Q3 2025, revenue of $1.69B, net income of $118M, diluted EPS of $0.85.

For Q3 2025, F&G Annuities & Life reported revenue of $1.69B, net income of $118M, diluted EPS was $0.85. Management discusses segment performance, capital allocation, and sector risks in the quarterly filing.

  • Revenue $1.69B.
  • Net income $118M.
  • Diluted EPS $0.85.

Headline financials

Total Revenue

$1.69B

Previous: $1.44B+17.3%
EPS (adj)

$0.85

Previous: -$0.08+1162.5%
Assets Under Management

$56.6B

Previous: $52.5B+8.0%
AUM Before Flow Reinsurance

$71.4B

Previous: $62.9B+13.6%
Average AUM YTD

$54.9B

Previous: $51B+7.7%
Adjusted ROA

0.0%

Previous: 0.0%-17.1%
Adjusted ROE ex AOCI

0.1%

Previous: 0.1%-3.3%
Gross Sales

$4.24B

Previous: $3.88B+9.3%
Net Sales

$2.8B

Previous: $2.39B+17.4%
Core Sales

$2.24B

Previous: $2.22B+0.9%
Opportunistic Sales

$1.99B

Previous: $1.66B+20.5%
Indexed Annuities Sales

$1.67B

Previous: $1.85B-9.9%
Indexed Universal Life Sales

$41M

Previous: $39M+5.1%
Pension Risk Transfer Sales

$538M

Previous: $337M+59.6%
Fixed Rate Annuities Sales

$969M

Previous: $1.66B-41.5%
Funding Agreements Sales

$1.03B

Previous: $0.00
Book Value Per Share

$33.88

Previous: $32.51+4.2%
Book Value Per Share ex AOCI

$44.07

Previous: $42.28+4.2%
Net Income

$118M

Previous: -$6M+2066.7%
Operating Income

$131M

Previous: $911M-85.6%

Revenue & EPS history

F&G Annuities & Life · Revenue · Quarterly

$1.69B

Q3 2025+17.3%vs Q3 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Revenue by segment

F&G Annuities & Life · $1.36B total across 4 segments · Q2 2025

  • Interest and investment income
    $682M—
  • Life insurance premiums and other fees
    $608M—
  • Recognized gains and (losses), net
    $51M—
  • Owned distribution revenues
    $23M—

Forward guidance

Consumer and financial services outlook focuses on volume, pricing, and productivity.

Tailwinds

  • Brand and distribution strength.
  • Cost actions.
  • Capital allocation.

Headwinds

  • Input costs and competition.
  • Macro consumer spend.
  • Regulatory changes.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.2%

Avg return

Earnings day

+0.3%

Avg return

5 days after

+2.6%

Avg return

30 days after

42%

8 / 19 earnings

Positive

+18.3%

Q3 2022

Best reaction

-17.7%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-8.2%-5.4%-5.6%
Q4 2025-8.4%-15.8%-14.8%
Q3 2025+2.5%+11.4%+12.9%
Q1 2025-14.6%-13.2%-7.5%
Q4 2024-8.7%-4.8%-21.2%
Q3 2024+11.1%+15.9%+14.8%
Q2 2024+0.4%+0.2%+8.9%
Q1 2024-1.0%-4.3%-3.4%
Q4 2023-10.7%-11.0%-11.5%
Q3 2022+18.3%+13.8%+36.0%
Q3 2023+15.3%+16.8%+40.5%
Q2 2023-1.9%+8.1%-4.9%
Q1 2022+0.1%+4.5%+33.1%
Q1 2023-17.7%-7.8%+18.7%
Q2 2022+5.2%+4.1%+14.7%
Q2 2020-3.1%-2.8%-15.7%
Q4 2020-3.1%-2.8%-15.7%
Q4 2021-3.1%-2.8%-15.7%
Q4 2022+4.2%+2.1%-14.1%
Q3 2021———
Q2 2021———
Q1 2021———
Q1 2020———
Q4 2019———
Q3 2019———
Q2 2019———
Q1 2019———
Q4 2018———
Q3 2018———
Q2 2018———
Q1 2018———
Q4 2017———
Q3 2017———
Q2 2017———
Q1 2017———
Q4 2016———
Q3 2016———
Q2 2016———
Q1 2016———

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