as of 08-28-2026 3:46pm EST
Jackson Financial Inc helps Americans grow and protect their retirement savings and income to enable them to pursue financial freedom for life. Its retail product offerings are comprised of annuities, designed to help retail investors save for and live in retirement. Its diverse suite of annuities includes a variable, fixed index, and fixed annuities. The company manages its business through three segments: Retail Annuities, Institutional Products, and Closed Life and Annuity Blocks and Corporate and Other segments. The company generates the majority of its revenue from the Retail Annuities segment, which offers a variety of retirement income and savings products of variable annuities, registered index-linked annuities ("RILA"), fixed index annuities, fixed annuities, and payout annuities.
| Founded: | 1961 | Country: | United States |
| Employees: | N/A | City: | LANSING |
| Market Cap: | 7.5B | IPO Year: | 2020 |
| Target Price: | $112.40 | AVG Volume (30 days): | 543.8K |
| Analyst Decision: | Hold | Number of Analysts: | 5 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | 2.98 | EPS Growth: | -102.04 |
| 52 Week Low/High: | $89.67 - $137.99 | Next Earning Date: | 05-05-2026 |
| Revenue: | $6,683,000,000 | Revenue Growth: | 104.31% |
| Revenue Growth (this year): | 15.15% | Revenue Growth (next year): | 3.44% |
| P/E Ratio: | 44.79 | Index: | N/A |
| Free Cash Flow: | N/A | FCF Growth: | N/A |
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EVP JFI; CEO PPM America
Avg Cost/Share
$130.69
Shares
5,000
Total Value
$653,450.00
Owned After
42,159.8
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Raub Christopher | JXN | EVP JFI; CEO PPM America | Aug 12, 2026 | Sell | $130.69 | 5,000 | $653,450.00 | 42,159.8 |
SEC 8-K filings with transcript text
Aug 3, 2026 · 100% conf.
1D
+6.17%
$133.96
Act: +5.90%
5D
+8.93%
$137.43
Act: +3.35%
20D
+10.07%
$138.88
2 exhibit991-2q26.htm
Document
Exhibit 99.1
Jackson Announces Record Second Quarter 2026 Results
LANSING, Mich. — August 3, 2026 — Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the second quarter ended June 30, 2026.
Second Quarter 2026 Key Highlights
▪Retail annuity sales1 of $5.9 billion, up 34% from the second quarter of 2025, including record registered index-linked annuity (RILA) sales of $2.3 billion, which were up 69% from the second quarter of 2025
–Variable annuity (VA) sales1 of $2.7 billion were up 8% from the second quarter of 2025, primarily reflecting higher sales of products without lifetime benefits
–Fixed and fixed index annuity (FIA) sales of $812 million were up 73% from the second quarter of 2025, driven by our Jackson Income Assurance℠ FIA
▪Robust sales for spread products are supported by capabilities added at PPM America, Inc. (PPM), our asset management subsidiary, to source higher yielding assets, as well as our strategic partnership with TPG Inc. (TPG). These sales, combined with a focus on growing PPM’s third-party business, contributed to a 21% increase in PPM’s assets under management (AUM) from the second quarter of 2025, to more than $100 billion.
▪Net income attributable to Jackson Financial Inc. common shareholders of $644 million, or $9.16 per diluted share in the second quarter of 2026, compared to $168 million, or $2.34 per diluted share in the second quarter of 2025
▪Adjusted operating earnings2 of $513 million, or a record $7.30 per diluted share in the second quarter of 2026, compared to $350 million, or $4.87 per diluted share in the second quarter of 2025, primarily reflecting higher spread income from growth in average RILA, FIA, and Institutional AUM, higher fee income from growth in average VA AUM, and a reduced share count due to repurchases
▪Adjusted operating earnings per diluted share excluding notable items3 of $7.68 in the second quarter of 2026, up from $4.97 in the second quarter of 2025
▪Robust capital position at the operating company, with total adjusted capital of $5.8 billion as of June 30, 2026, and an estimated risk-based capital (RBC) ratio at Jackson National Life Insurance Company (JNL) of 538%
▪Jackson (Parent Company only) net cash provided by (used in) operating activities of $(27) million in the second quarter of 2026, compared to $(24) million in the second quarter of 2025
▪Free cash flow2 of $287 million in the second quarter of 2026 reflecting distributions from our operating company of $325 million
▪Returned $290 million to common shareholders in the second quarter of 2026, up 34% from the second quarter of 2025, through $227 million of common share repurchases and $63 million in common dividends
▪Cash and highly liquid securities at the holding company of nearly $1.4 billion as of June 30, 2026, which was above our updated targeted $325 million minimum liquidity buffer
1 Excludes certain internal exchanges
2 For the reconciliation of non-GAAP measures to the most comparable U.S. GAAP measures, please see the explanation of Non-GAAP Financial Measures in the Appendix to this release.
3 See the appendix for a reconciliation related to notable items
Laura Prieskorn, President and Chief Executive Officer of Jackson, stated, “Our second quarter results reflect
the growing strength and diversification of our business. We delivered record earnings per share and 34% growth in retail annuity sales compared to the same period last year. This demonstrates our distribution reach and the momentum in our spread business, supported by the enhanced capabilities of PPM and the growth of our partnership with TPG. Our robust in-force book of business drove strong progress toward our financial targets, with more than $300 million of free capital generation in the second quarter, $290 million of capital return to common shareholders, and healthy levels of excess cash at the holding company. We believe we are well positioned for the second half of 2026 and remain committed to helping Americans achieve financial freedom for life.”
Consolidated Second Quarter 2026 Results
The Company reported net income attributable to Jackson Financial Inc. common shareholders of $644 million, or $9.16 per diluted share for the three months ended June 30, 2026, compared to $168 million, or $2.34 per diluted share for the three months ended June 30, 2025. Second quarter net income included a more favorable net hedging result versus the prior year’s second quarter, driven in part by lower volatility in the current quarter. We believe the non-GAAP measure of adjusted operating earnings better represents the underlying performance of our business as adjusted operating earnings exclude, among other things, changes in the fair value of derivative instruments and market risk benefits tied to market movements.
Adjusted operating earnings for the three months ended June 30, 2026, w
May 5, 2026
2 exhibit991-1q26.htm
Document
Exhibit 99.1
Jackson Announces Strong First Quarter 2026 Results
LANSING, Mich. — May 5, 2026 — Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the first quarter ended March 31, 2026.
First Quarter 2026 Key Highlights
▪Retail annuity sales1 of $5.3 billion in the first quarter of 2026, up 31% from the first quarter of 2025, reflecting continued strong demand across our product suite
–Variable annuity sales1 of $2.5 billion were down 6% from the first quarter of 2025, primarily reflecting lower sales of products with lifetime benefits
–Registered index-linked annuity (RILA) sales of $2.0 billion were up 68% from the first quarter of 2025
–Fixed and fixed index annuity (FIA) sales of $756 million were up 335% from the first quarter of 2025, driven by Jackson Income Assurance℠, our recently launched FIA
▪Robust sales for spread products are supported by capabilities added at PPM America, Inc. (PPM), our asset management subsidiary, to source higher yielding assets. These sales, combined with a focus on growing third-party business, contributed to an 18% increase in PPM assets under management (AUM) from the first quarter of 2025.
▪Net (loss) attributable to Jackson Financial Inc. common shareholders of $(435) million, or $(6.24) per diluted share in the first quarter of 2026, compared to $(35) million, or $(0.48) per diluted share in the first quarter of 2025
▪Adjusted operating earnings2 of $361 million, or $5.15 per diluted share in the first quarter of 2026, compared to $376 million, or $5.10 per diluted share in the first quarter of 2025, primarily reflecting higher spread income from growth in average RILA, FIA, and Institutional AUM and a reduced share count due to repurchases, partially offset by higher general and administrative (G&A) expenses
▪Adjusted operating earnings per diluted share excluding notable items3 of $5.94 in the first quarter of 2026, up from $5.05 in the first quarter of 2025
▪Robust capital position at the operating company, with total adjusted capital of $5.5 billion as of March 31, 2026, and an estimated risk-based capital (RBC) ratio at Jackson National Life Insurance Company (JNL) of 554%
▪Jackson (parent company only) net cash provided by (used in) operating activities of $19 million in the first quarter of 2026, down from $29 million in the first quarter of 2025
▪Free cash flow2 of $288 million in the first quarter of 2026 reflecting distributions from our operating company of $325 million, which were up 35% from the first quarter of 2025
▪Returned $257 million to common shareholders in the first quarter of 2026, up 11% from the first quarter of 2025, through $192 million of common share repurchases and $65 million in common dividends
▪Cash and highly liquid securities at the holding company of nearly $650 million as of March 31, 2026, which was above Jackson’s targeted $250 million minimum liquidity buffer
1 Excludes certain internal exchanges
2 For the reconciliation of non-GAAP measures to the most comparable U.S. GAAP measures, please see the explanation of Non-GAAP Financial Measures in the Appendix to this release.
3 See the appendix for a reconciliation and definitions related to notable items
Laura Prieskorn, President and Chief Executive Officer of Jackson, stated, “Our first quarter results underscore
the continued strength of our business and steady progress toward achieving our strategic objectives. We delivered 31% growth in retail annuity sales compared to the same period last year with a more diversified business mix, demonstrating both our distribution reach and the momentum in our spread business, including the successful start of our partnership with TPG. Our robust in-force book of business delivered free cash flow of $288 million, which was substantially higher than the first quarter of 2025. Additionally, we’ve made strong progress toward our financial targets, with significant free capital generation in the first quarter, $257 million of capital return to common shareholders, and healthy levels of excess cash at the holding company. We expect to build on this momentum throughout 2026 and remain committed to helping Americans achieve financial security.”
Consolidated First Quarter 2026 Results
The Company reported a net (loss) attributable to Jackson Financial Inc. common shareholders of $(435) million, or $(6.24) per diluted share for the three months ended March 31, 2026, compared to $(35) million, or $(0.48) per diluted share for the three months ended March 31, 2025. The first quarter net loss included a less favorable net hedging result versus the prior year’s first quarter, driven in part by higher volatility in the current quarter. The first quarter of 2026 also included a $40 million gain from business reinsured to third parties, while the prior year’s first quarter reported a loss of $161 million. The results of re
Feb 18, 2026
2 exhibit991-4q25.htm
Document
Exhibit 99.1
Jackson Announces Excellent Fourth Quarter and Full Year 2025 Results
LANSING, Mich. — February 18, 2026 — Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the fourth quarter and full year ended December 31, 2025.
Fourth Quarter 2025 Key Highlights
▪Record retail annuity sales1 of $5.9 billion in the fourth quarter of 2025, up 27% from the fourth quarter of 2024, reflecting continued strong demand across our product suite
–Variable annuity sales1 of $2.8 billion were up 1% from the fourth quarter of 2024, reflecting higher sales of products without lifetime benefits
–Record registered index-linked annuity (RILA) sales of $2.3 billion were up 53% from the fourth quarter of 2024
–Fixed and fixed index annuity sales of $812 million were up 105% from the fourth quarter of 2024, driven by Jackson Income Assurance℠, our recently launched fixed index annuity
▪Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(215) million, or $(3.13) per diluted share in the fourth quarter of 2025, compared to $334 million, or $4.45 per diluted share in the fourth quarter of 2024
▪Adjusted operating earnings2 of $455 million, or a record $6.61 per diluted share in the fourth quarter of 2025, compared to $349 million, or $4.65 per diluted share in the fourth quarter of 2024, primarily reflecting higher spread income from growth in average RILA and Institutional assets under management (AUM), a comparatively favorable impact from the annual actuarial assumptions update, and a reduced share count due to repurchases
▪Jackson (parent company only) net cash provided by (used in) operating activities of $(15) million in the fourth quarter of 2025
▪Free cash flow2 in the fourth quarter of 2025 of $119 million reflecting distributions from our operating company of $300 million and initial funding of our new captive
▪Returned $205 million to common shareholders in the fourth quarter of 2025 through $150 million of common share repurchases and $55 million in common dividends
Full Year 2025 Key Highlights
▪Record retail annuity sales1 of $19.7 billion in 2025, up 10% from 2024, reflecting continued strong demand across our product suite
–Variable annuity sales1 of $10.9 billion in 2025, up 3% from 2024, reflecting higher sales of products without lifetime benefits
–Record RILA sales of $6.9 billion in 2025, up 22% from 2024
–Record fixed and fixed index annuity sales of $1.9 billion in 2025, up 18% from 2024, driven by Jackson Income Assurance℠, our recently launched fixed index annuity
▪Record Institutional sales of $3.5 billion in 2025 were up 77% compared to 2024
▪Robust sales for spread products are supported by capabilities added at PPM America, Inc. (PPM), our asset management subsidiary, to source higher yielding assets. These sales, combined with a focus on
1 Excludes certain internal exchanges
2 For the reconciliation of non-GAAP measures to the most comparable U.S. GAAP measures, please see the explanation of Non-GAAP Financial Measures in the Appendix to this release.
growing third-party business, contributed to a 26% increase in PPM AUM from the end of 2024.
▪Net income (loss) attributable to Jackson Financial Inc. common shareholders of $(17) million, or $(0.24) per diluted share in 2025, compared to $902 million, or $11.74 per diluted share in 2024
▪Adjusted operating earnings3 of $1.6 billion, or $22.67 per diluted share in 2025, compared to $1.4 billion, or $18.79 per diluted share in 2024, primarily reflecting higher spread income from growth in average RILA AUM, a comparatively favorable impact from the annual actuarial assumptions update, and a reduced share count due to repurchases
▪Robust capital position at the operating company, with total adjusted capital of more than $5.5 billion as of December 31, 2025, and a risk-based capital (RBC) ratio at Jackson National Life Insurance Company (JNL) of 567%
▪Jackson (parent company only) net cash provided by (used in) operating activities of $12 million in 2025
▪Free cash flow3 in 2025 of $838 million reflecting distributions from our operating company of over $1.1 billion and initial funding of our new captive
▪Exceeded capital return target by returning $862 million to common shareholders in 2025 through $634 million of common share repurchases and $228 million in common dividends. Capital return in 2025 totaled $12.11 per diluted share, up 47% from 2024.
▪Cash and highly liquid securities at the holding company of more than $650 million as of December 31, 2025, which was above Jackson’s targeted $250 million minimum liquidity buffer
2026 Announcements
▪Increased first quarter 2026 common dividend by 12.5% to $0.90 per share
▪Established a 2026 capital return to common shareholders target of $900 million to $1.1 billion
Laura Prieskorn, President and Chief Executive Officer of Jackson, stated
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