Filing Flows › Brighthouse Financial (BHF) › Q2 2025
Brighthouse Financial (BHF) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 8, 2025
Brighthouse Financial (BHF) reported revenue of $871M for the second quarter 2025 (Q2 2025), -39% from a year earlier and -64% from the quarter before. Operating margin was 10.7%, net earnings $85.0M (9.8% of revenue).
Brighthouse Financial, Q2 2025: revenue $871M (-39% year over year), operating margin 10.7%, net earnings $85.0M, operating cash flow −$1.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $871M | -64% | -39% |
| Operating profit | $93.0M | — | +564% |
| Net earnings | $85.0M | — | +150% |
| Operating cash flow | −$1.0M | -101% | — |
What changed
Revenue was $871.0M in Q2 2025, down 39% year over year and down 64% from the previous quarter.
Operating profit was $93.0M, a 10.7% margin (up 9.7 points year over year). Total costs fell 45% while revenue fell 39%. Net earnings were $85.0M, up 150% year over year. The effective tax rate was 8.6%.
Operating cash flow was −$1.0M. Working capital and other items used $86.0M.
Questions
What was Brighthouse Financial's revenue in the second quarter 2025?
Brighthouse Financial (BHF) reported revenue of $871M for the second quarter 2025 (Q2 2025), -39% from a year earlier and -64% from the quarter before.
Was Brighthouse Financial profitable in the second quarter 2025?
Operating profit was $93.0M (10.7% of revenue) and net earnings $85.0M.