Jackson Financial Q4 Revenue Jumps 711% to $1.99B; Dividend Up 12.5%

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Jackson Financial posted Q4 CY2025 revenue of $1.99 billion, up 711% year-on-year, and delivered non-GAAP EPS of $6.61, beating estimates by 12.8%. The board declared a $0.90 quarterly dividend, a 12.5% increase payable March 26 to shareholders of record March 16, marking the fifth annual hike.

1. Q4 CY2025 Performance

Jackson Financial reported Q4 revenue of $1.99 billion, a 711% increase year-on-year, driven by strong underwriting and investment income. Non-GAAP profit reached $6.61 per share, 12.8% above consensus, despite a pre-tax loss of $358 million on certain securities.

2. Net Premiums Earned Trends

Net premiums earned totaled $2.03 billion, down 2.6% year-on-year, reflecting a slowdown in core underwriting growth. Five-year annualized net premium growth stands at 3.7%, with a 1.7% pace over the past two years as investment income gains outpaced policy sales.

3. Dividend Increase Details

The board approved a $0.90 per share common stock dividend for Q1 2026, up 12.5% from the prior quarter, payable March 26 to holders of record March 16. Jackson also declared a $0.50 per depositary share dividend on its Series A preferred, payable March 30 to holders of record March 16.

4. Market Reaction and Outlook

Shares rose 2.2% on the earnings release, reflecting investor confidence in Jackson’s underwriting fundamentals and dividend growth track record. With annualized revenue growth of 11% over two years and ongoing dividend increases, the company emphasizes long-term demand for retirement solutions.

Sources

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