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Brighthouse Financial (BHF) Q3 2026 earnings results (third quarter 2026)

10-Q filed Nov 5, 2026

Brighthouse Financial (BHF) reported revenue of $853M for the third quarter 2026 (Q3 2026), -53% from a year earlier and -47% from the quarter before. Operating margin was 47.4%, net earnings $328M (38.5% of revenue).

Revenue$853M
Year over year-53%
Quarter over quarter-47%
Operating margin47.4%
Net earnings$328M

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.

Q3 2026AmountQ/QY/Y
Revenue$853M-47%-53%
Operating profit$404M-67%-31%
Net earnings$328M-67%-32%
Operating cash flow−$476M—-507%

What changed

Revenue was $853.0M in Q3 2026, down 53% year over year and down 47% from the previous quarter.

Operating profit was $404.0M, a 47.4% margin (up 15.1 points year over year). Total costs fell 64% while revenue fell 53%. Net earnings were $328.0M, down 32% year over year. The effective tax rate was 18.3%.

Operating cash flow was −$476.0M. Working capital and other items used $806.0M.

Questions

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

Brighthouse Financial (BHF) reported revenue of $853M for the third quarter 2026 (Q3 2026), -53% from a year earlier and -47% from the quarter before.

Was Brighthouse Financial profitable in the third quarter 2026?

Operating profit was $404M (47.4% of revenue) and net earnings $328M.

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Source: Brighthouse Financial 10-Q on SEC EDGAR.