AFL · 10-Q · 2026Q3 · Full report
Revenue Performance and Mix
AFLAC INC · 2026-11-05 · Importance 66 · Surprise 74 · From source text
Total revenues were $3.3 billion in the third quarter of 2026, down from $4.7 billion in the third quarter of 2025, primarily because net investment losses of $1.1 billion replaced net investment gains of $275 million. For the first nine months of 2026, total revenues were $11.7 billion, compared with $12.3 billion in the same period of 2025. Aflac Japan’s total adjusted revenues decreased 8.3% in dollar terms for the first nine months, primarily due to lower net earned premiums, partly offset by increased adjusted net investment income.
Key facts
- Aflac Incorporated total revenues were $3.3 billion in Q3 2026, compared with $4.7 billion in Q3 2025, primarily reflecting $1.1 billion of net investment losses versus $275 million of net investment gains. source
- Aflac Incorporated total revenues were $11.7 billion in the first nine months of 2026, compared with $12.3 billion in the first nine months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | negative | realized | -42.8% | Aflac Incorporated total revenues were $3.3 billion in Q3 2026, compared with $4.7 billion in Q3 2025, primarily reflecting $1.1 billion… |
| revenue | negative | realized | -18.3% | Aflac Incorporated total revenues were $11.7 billion in the first nine months of 2026, compared with $12.3 billion in the first nine… |