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Brighthouse Financial (BHF) operating margin by quarter

Brighthouse Financial's operating margin was 47.4% in Q3 2026 (third quarter 2026), -28.2 pts from Q2 2026. Over the last 5 quarters it ranged from 8.9% (Q4 2025) to 75.6% (Q2 2026).

Brighthouse Financial operating margin by quarterBrighthouse Financial operating margin by quarter10.7%Q2 202532.2%Q3 20258.9%Q4 202575.6%Q2 202647.4%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202647.4%-28.2 pts+15.1 pts
Q2 202675.6%+66.7 pts+64.9 pts
Q4 20258.9%-23.3 pts—
Q3 202532.2%+21.5 pts—
Q2 202510.7%——

Q3 2026 at a glance

Brighthouse Financial, Q3 2026: revenue $853M (-53% year over year), operating margin 47.4%, net earnings $328M, operating cash flow −$476M. The chart follows the revenue to costs, profit and cash.

Questions

What is Brighthouse Financial's operating margin?

Brighthouse Financial's operating margin was 47.4% in Q3 2026 (third quarter 2026), -28.2 pts from Q2 2026.

How has Brighthouse Financial's operating margin changed?

Over the last 5 quarters it ranged from 8.9% (Q4 2025) to 75.6% (Q2 2026).

Q3 2026 results → · How Brighthouse Financial makes money →