Brighthouse Life Insurance cash flow, quarter by quarter
Latest: Q2 2026 · from the cash-flow statements filed with the SEC
Free cash flow−$447M in Q2 2026 · −$317M over twelve months
Operating cash flow−$447M
Free cash flow−$447M
Cash / net income-0.5×
Analysis
In Q2 2026, Brighthouse Life Insurance generated −$447M of operating cash flow. That is $524M less than in Q2 2025 ($77.0M).
Over the twelve months to Jun 30, 2026, operating cash flow was −$317M; the largest uses were other investing ($509M), operating cash flow ($317M); besides operations, cash came from other financing ($2.4B); the cash balance rose by $1.6B.
Operating cash flow was −$447M against net income of $970M — -0.5× profit, less cash than reported earnings, worth checking against working capital.
Free cash flow
Operating cash flow less capital spending.Latest (Q2 2026): Operating cash flow −$447M, Capital spending $0.
Capital allocation, year by year
Over these 5 years operating cash flow totalled $765M; the largest uses were operating cash flow ($966M) and net borrowing ($132M). Cash-flow statements as filed.
Cash runway and the debt wall
Cash & investments$6.8B
Debt$830M
Net cash$6.0B
Due within a year$3.0M
Cash runwaymore than 10 years
Brighthouse Life Insurance is burning cash: its operations consume cash, a free cash flow of −$317M a year at the current rate against $6.8B of cash and investments: a runway of more than ten years at that rate; $3.0M of debt also comes due within a year, which the cash covers before any new financing.
Principal due in each year as disclosed in the annual report, against $6.8B of cash and investments now.
Where the cash came from and went
Every quarter
Quarter
Operating cash flow
Net borrowing (+) / repaid (−)
Cash drawn (+) / kept (−)
Free cash flow
Q2 2026
−$447M
—
−$2.2B
−$447M
Q1 2026
−$132M
−$1.0M
$464M
−$132M
Q4 2025
$130M
—
$994M
$130M
Q3 2025
$132M
—
−$841M
$132M
Q2 2025
$77.0M
−$1.0M
−$967M
$77.0M
Q1 2025
$143M
—
$349M
$143M
Q4 2024
−$23.0M
—
$409M
−$23.0M
Q3 2024
$38.0M
−$1.0M
−$1.2B
$38.0M
Brighthouse Life Insurance: income statement and cash flow
Brighthouse Life Insurance, Q2 2026: revenue $1.4B (+108% year over year), operating margin 83.6%. The chart follows the revenue to costs, profit and cash.
Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.