Genworth Q1 2025 net income falls to $54 million from $139 million a year earlier
Genworth reported first quarter 2025 net income of $54 million, or $0.13 per diluted share, down from $139 million, or $0.31 per diluted share, in the first quarter of 2024. Adjusted operating income was $51 million, or $0.12 per diluted share, compared with $85 million, or $0.19, a year earlier, though it improved from $15 million in the fourth quarter of 2024. The results show lower earnings year over year, with Enact the main earnings contributor.
Key points
- Net income $54 million ($0.13 per diluted share) in Q1 2025 vs. $139 million ($0.31) in Q1 2024 and a $1 million loss in Q4 2024
- Adjusted operating income $51 million ($0.12 per diluted share) vs. $85 million ($0.19) in Q1 2024
- Enact raised its quarterly dividend to $0.21 per share from $0.185 and announced a new buyback authorization of up to $350 million
- Holding company cash and liquid assets were $211 million at March 31, 2025, down from $294 million at December 31, 2024
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.