Brighthouse Financial (BHF) financial statements
Brighthouse Financial reported revenue of $6.8B in fiscal 2025, up 9.4% a year over 9 years.
Net income was $433M and the operating margin 7.0%, against -155.9% in 2016.
The diluted share count fell 52% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Brighthouse Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.0B | $6.8B | $9.0B | $6.6B | $8.5B | $5.0B | $6.9B | $4.1B | $4.7B | $6.8B |
| Operating income | -$4.7B | -$615M | $989M | -$1.1B | -$1.4B | $2.0B | $4.7B | -$1.5B | $422M | $474M |
| Interest expense | $133M | $135M | $158M | $191M | $184M | $163M | $153M | $153M | $152M | $152M |
| Pre-tax income | -$4.7B | -$615M | $989M | -$1.1B | -$1.4B | $2.0B | $4.7B | -$1.5B | $422M | $474M |
| Income tax | -$1.8B | -$237M | $119M | -$317M | -$363M | $361M | $848M | -$367M | $29M | $36M |
| Net income | -$2.9B | -$378M | $865M | -$740M | -$1.1B | $1.6B | $3.9B | -$1.1B | $388M | $433M |
| EPS (diluted) | -$24.54 | -$3.16 | $7.21 | -$6.76 | -$11.58 | $18.39 | $51.30 | -$18.39 | $4.64 | $5.71 |
| Diluted shares | 120M | 120M | 120M | 113M | 95M | 84M | 74M | 66M | 62M | 58M |
| Operating margin | -155.9% | -9.0% | 11.0% | -16.1% | -16.7% | 40.4% | 68.8% | -35.8% | 8.9% | 7.0% |
| Net margin | -97.4% | -5.5% | 9.6% | -11.3% | -12.5% | 33.0% | 56.4% | -27.0% | 8.2% | 6.4% |
Balance sheet
Fiscal years, from Brighthouse Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $6.5B | $2.2B | $4.1B | $4.8B | $7.3B | $6.3B | $5.2B | $5.0B | $6.9B | $6.6B |
| Total assets | $221.9B | $224.2B | $206.3B | $227.3B | $247.9B | $262.3B | $224.8B | $236.3B | $238.5B | $241.8B |
| Total liabilities | $207.1B | $209.6B | $191.8B | $211.0B | $229.8B | $253.8B | $219.2B | $231.3B | $233.5B | $235.0B |
| Shareholders' equity | $14.9B | $14.5B | $14.4B | $16.2B | $18.0B | $16.1B | $5.5B | $4.9B | $5.0B | $6.8B |
| Net debt | -$5.2B | -$1.9B | -$4.1B | -$2.9B | -$4.1B | -$4.5B | -$4.1B | -$3.9B | -$5.0B | -$5.4B |
Cash flow
Fiscal years, from Brighthouse Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $3.7B | $3.4B | $3.1B | $1.8B | $888M | $641M | -$1.2B | -$137M | -$290M | $259M |
| Stock-based compensation | — | — | — | $21M | $21M | $23M | $22M | $29M | $23M | $42M |
| Dividends paid | $556M | $0 | — | — | — | — | — | — | — | — |
| Share buybacks (net) | $0 | $0 | -$105M | -$442M | -$473M | -$499M | -$488M | -$250M | -$250M | -$102M |
| Net borrowing | -$26M | $3.6B | $366M | $398M | -$937M | -$280M | -$3M | -$2M | -$2M | -$2M |
| Dividends per share | $4.64 | — | — | — | — | — | — | — | — | — |
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What was Brighthouse Financial's revenue in 2025?
$6.8B in fiscal 2025, from its 10-K filing.
From Brighthouse Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.