Filing Flows › Brighthouse Financial (BHF) › Q3 2025
Brighthouse Financial (BHF) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Brighthouse Financial (BHF) reported revenue of $1.8B for the third quarter 2025 (Q3 2025), -10% from a year earlier and +108% from the quarter before. Operating margin was 32.2%, net earnings $479M (26.4% of revenue).
Brighthouse Financial, Q3 2025: revenue $1.8B (-10% year over year), operating margin 32.2%, net earnings $479M, operating cash flow $117M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +108% | -10% |
| Operating profit | $585M | +529% | +211% |
| Net earnings | $479M | +464% | +172% |
| Operating cash flow | $117M | — | +388% |
What changed
Revenue was $1.8B in Q3 2025, down 10% year over year and up 108% from the previous quarter.
Operating profit was $0.58B, a 32.2% margin (up 22.9 points year over year). Total costs fell 33% while revenue fell 10%. Net earnings were $0.48B, up 172% year over year. The effective tax rate was 17.8%.
Operating cash flow was $0.12B (up 388% year over year), 24% of net earnings. Working capital and other items used $0.36B.
Questions
What was Brighthouse Financial's revenue in the third quarter 2025?
Brighthouse Financial (BHF) reported revenue of $1.8B for the third quarter 2025 (Q3 2025), -10% from a year earlier and +108% from the quarter before.
Was Brighthouse Financial profitable in the third quarter 2025?
Operating profit was $585M (32.2% of revenue) and net earnings $479M.