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Aflac Incorporated (AFL)
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AFL Income Statement

Revenue, expenses, and profitability analysis

AFL Quarterly Income Statement (USD)

Quarterly ReportTTM
03/31/2026
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
09/30/2024
06/30/2024
8.703B2.483B2.933B2.104B1.183B490.000M2.527B479.000M2.334B
18.222B4.315B4.896B4.793B4.218B3.453B5.498B3.035B5.157B
Cost of Goods Sold
9.519B1.832B1.963B2.689B3.035B2.963B2.971B2.556B2.823B
57.5%57.5%59.9%43.9%28.0%14.2%46.0%15.8%45.3%
Total Operating Expenses
3.060B1.258B1.331B110.000M361.000M345.000M392.000M387.000M315.000M
0.000.000.000.000.000.000.000.000.00
2.697B0.001.112B781.000M804.000M0.000.000.000.00
5.643B1.225B1.602B1.994B822.000M145.000M2.135B92.000M2.019B
28.4%28.4%32.7%41.6%19.5%4.2%38.8%3.0%39.2%
5.613B1.225B1.572B1.994B822.000M145.000M2.135B92.000M2.019B
Interest Income
973.000M973.000M
230.000M60.000M61.000M57.000M52.000M50.000M50.000M50.000M50.000M
Other Income/Expense
-30.000M0.00-30.000M0.000.000.000.000.000.00
4.636B1.019B1.379B1.639B599.000M29.000M1.902B-93.000M1.755B
977.000M206.000M193.000M355.000M223.000M116.000M233.000M185.000M264.000M
23.6%23.6%28.2%34.2%14.2%0.8%34.6%-3.1%34.0%
6.665B1.285B1.852B2.706B822.000M145.000M2.135B92.000M2.019B
EBITDA Margin
29.8%29.8%37.8%56.5%19.5%4.2%38.8%3.0%39.2%
905.000M0.00250.000M655.000M0.000.000.000.000.00
EPS Basic
8.801.992.603.091.120.053.44-0.173.11
8.761.982.593.081.110.053.42-0.173.10
Shares Outstanding
513.071M513.071M530.050M530.050M536.688M544.707M557.899M557.899M564.573M
Diluted Shares Outstanding
514.785M514.785M532.015M532.015M538.425M546.878M565.015M560.414M566.838M

AFL Annual Income Statement (USD)

Annual Report
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
6.788B6.815B18.841B19.151B21.546B22.261B22.241B21.708B
17.438B19.128B18.841B19.151B21.546B22.261B22.241B21.708B
Cost of Goods Sold
10.650B12.313B0.000.000.000.000.000.00
38.9%35.6%100.0%100.0%100.0%100.0%100.0%100.0%
Total Operating Expenses
2.147B398.000M13.579B14.282B16.338B18.102B17.796B17.725B
0.000.000.000.000.000.000.000.00
2.697B0.000.000.000.000.000.000.00
4.641B6.417B5.262B4.869B5.208B4.159B4.445B3.983B
26.6%33.5%27.9%25.4%24.2%18.7%20.0%18.3%
4.533B6.417B5.262B4.869B5.208B4.159B4.445B3.983B
Interest Income
973.000M
220.000M197.000M195.000M226.000M238.000M242.000M228.000M222.000M
Other Income/Expense
-108.000M0.000.000.000.000.000.000.00
3.646B5.443B4.659B4.418B4.231B4.778B3.304B2.920B
887.000M974.000M603.000M451.000M977.000M-619.000M1.141B1.063B
20.9%28.5%24.7%23.1%19.6%21.5%14.9%13.5%
5.525B6.417B5.262B4.869B5.208B4.159B4.445B3.983B
EBITDA Margin
31.7%33.5%27.9%25.4%24.2%18.7%20.0%18.3%
874.000M0.000.000.000.000.000.000.00
EPS Basic
6.869.687.816.966.426.694.453.79
6.839.637.786.936.396.674.433.77
Shares Outstanding
530.050M557.899M596.173M634.816M673.617M713.702M742.414M769.588M
Diluted Shares Outstanding
532.015M565.015M598.745M637.655M676.729M716.192M746.430M774.650M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Aflac Incorporated

Aflac Incorporated, operating through its various subsidiary companies, focuses on delivering supplementary health and life insurance policies. The firm's business activities are structured into two primary divisions: Aflac Japan and Aflac U.S. In Japan, the company offers a diverse range of insurance products, including coverage for cancer, medical expenses, income support for nursing care, and the distinct GIFT plan. This segment also provides traditional whole and term life insurance, along with savings-oriented plans like WAYS and child endowment products. Meanwhile, the Aflac U.S. division caters to the American market, furnishing policies that address cancer, accidents, short-term disability, critical illness, and hospital stays. Additionally, it provides dental, vision, long-term care, disability, and both term and whole life insurance options. Aflac distributes its comprehensive suite of products through multiple channels, which include dedicated sales associates, independent brokers, various corporate and individual agencies, and affiliated agencies. Established in 1955, the company maintains its corporate headquarters in Columbus, Georgia.

Columbus, GA
12,694 employees
Financial Services / Insurance - Life
Sector
Financial Services
Industry
Insurance - Life
CEO
Daniel Paul Amos