Filing Flows

Filing Flows › Brighthouse Financial (BHF) › Q1 2026

Brighthouse Financial (BHF) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Brighthouse Financial (BHF) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), -36% from a year earlier and -10% from the quarter before. Operating margin was -64.6%, net loss $764M (50.0% of revenue).

Revenue$1.5B
Year over year-36%
Quarter over quarter-10%
Operating margin-64.6%
Net earnings−$764M

Brighthouse Financial, Q1 2026: revenue $1.5B (-36% year over year), operating margin -64.6%, net loss $764M, operating cash flow −$221M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.5B-10%-36%
Operating profit−$986M-757%—
Net earnings−$764M-658%—
Operating cash flow−$221M—-251%

What changed

Revenue was $1.5B in Q1 2026, down 36% year over year and down 10% from the previous quarter.

Operating costs exceeded revenue by $1.0B, an operating margin of -64.6%. Total costs fell 8% while revenue fell 36%. The quarter ended with a net loss of $0.76B, after a profit of $0.14B the previous quarter.

Operating cash flow was −$0.22B. Working capital and other items added $0.54B.

Questions

What was Brighthouse Financial's revenue in the first quarter 2026?

Brighthouse Financial (BHF) reported revenue of $1.5B for the first quarter 2026 (Q1 2026), -36% from a year earlier and -10% from the quarter before.

Was Brighthouse Financial profitable in the first quarter 2026?

Operating loss was $986M (-64.6% of revenue) and net loss $764M.

Open the interactive Sankey →

Source: Brighthouse Financial 10-Q on SEC EDGAR.