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Jackson Financial (JXN) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Feb 24, 2026

Jackson Financial (JXN) reported revenue of $2.0B for the fourth quarter 2025 (Q4 2025), +784% from a year earlier and +40% from the quarter before. Operating margin was 63.5%, net loss $186M (9.4% of revenue).

Revenue$2.0B
Year over year+784%
Quarter over quarter+40%
Operating margin63.5%
Net earnings−$186M

Jackson Financial, Q4 2025: revenue $2.0B (+784% year over year), operating margin 63.5%, net loss $186M, operating cash flow $1.6B. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$2.0B+40%+784%
Operating profit$1.3B+80%—
Net earnings−$186M-345%—
Operating cash flow$1.6B+18%+6%

What changed

Revenue was $2.0B in Q4 2025, up 784% year over year and up 40% from the previous quarter.

Operating profit was $1.3B, a 63.5% margin (up 283.5 points year over year). Total costs grew 1% against revenue growth of 784%. The quarter ended with a net loss of $0.19B, after a profit of $0.09B the previous quarter. Net interest and other expense of $1.6B was the main reason.

Operating cash flow was $1.6B (up 6% year over year). Non-cash charges added back $0.03B of share-based compensation. Working capital and other items added $1.8B.

Questions

What was Jackson Financial's revenue in the fourth quarter 2025?

Jackson Financial (JXN) reported revenue of $2.0B for the fourth quarter 2025 (Q4 2025), +784% from a year earlier and +40% from the quarter before.

Was Jackson Financial profitable in the fourth quarter 2025?

Operating profit was $1.3B (63.5% of revenue) and net loss $186M.

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Source: Jackson Financial 10-K on SEC EDGAR.