Aflac revenue and financials
$113.63Change from previous close: +1.11%Absolute change: +$1.25
In the fiscal year ended December 2025, Aflac reported revenue of $17.16B (−9.31% year over year). Net income was $3.65B, a net margin of 21.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −9.31%
- 2025 vs 2024
- Net income growth
- −33.01%
- 2025 vs 2024
- Net margin
- 21.2%
- 2024: 28.8%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 115,961 | 116,280 | 116,470 | 122,306 | 124,736 | 120,258 | 117,566 | 128,442 | 120,168 | 124,742 | 126,724 | 125,111 |
| Cash and equivalents | 6,120 | 5,654 | 6,245 | 6,768 | 6,965 | 5,231 | 6,229 | 5,612 | 6,060 | 5,098 | 4,306 | 5,502 |
| Short-term investments | 65,665 | 65,844 | 64,153 | 69,656 | 68,914 | — | — | — | — | — | — | — |
| Receivables | 895 | 947 | 835 | 852 | 873 | — | — | — | — | — | — | — |
| Net property, plant and equipment | 351 | 354 | 351 | 367 | 390 | 391 | 387 | 421 | 398 | 418 | 445 | 445 |
| Goodwill | — | — | 260 | — | — | — | 263 | — | — | — | 265 | — |
| Long-term investments | 86,439 | 86,673 | 81,128 | 91,423 | 87,195 | — | — | — | — | — | — | — |
| Long-term debt | 7,975 | 7,523 | 7,631 | 8,199 | 8,751 | 7,171 | 7,323 | 7,781 | 7,322 | 7,799 | 7,029 | 6,824 |
| Total debt | 8,729 | 7,908 | 8,409 | 8,685 | 8,933 | — | — | — | — | — | — | — |
| Total liabilities | 85,649 | 86,319 | 86,980 | 93,618 | 97,536 | — | — | — | — | — | — | — |
| Total equity (incl. minority) | 30,312 | 29,961 | 29,490 | 28,688 | 27,200 | 26,338 | 26,098 | 24,830 | 26,047 | 23,537 | 21,985 | 22,669 |
| Retained earnings | 56,218 | 55,702 | 54,682 | 53,923 | 52,595 | 52,308 | 52,277 | 50,972 | 51,345 | 49,872 | 47,993 | 48,257 |