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AI brief of an SEC Form 8-K · Jackson Financial (JXN)

Jackson swings to Q1 net loss of $35 million; adjusted earnings rise to $376 million

Mixed Impact 3 of 5 earnings Written later

Jackson Financial reported a first-quarter 2025 net loss attributable to common shareholders of $35 million, or $0.48 per diluted share, compared with net income of $784 million, or $9.94 per diluted share, a year earlier. The company attributed the loss partly to a $161 million loss from business reinsured to third parties, and said adjusted operating earnings, a non-GAAP measure, better reflect underlying performance. Adjusted operating earnings rose to $376 million, or $5.10 per diluted share, from $334 million, or $4.23 per diluted share, helped by higher spread income and fewer diluted shares.

Key points

  • GAAP net loss of $35 million, or $0.48 per diluted share, versus net income of $784 million, or $9.94 per diluted share, in Q1 2024
  • Adjusted operating earnings of $376 million, or $5.10 per diluted share, versus $334 million, or $4.23 per diluted share, in Q1 2024
  • Retail annuity sales of $4.0 billion, up 9% from the first quarter of 2024
  • Returned $231 million to common shareholders in Q1 2025: $172 million in share repurchases and $59 million in dividends

The filing

CompanyJackson Financial (JXN)
Form8-K, current report
Filed with the SECMay 7, 2025, 4:19 PM ET
Accession number0001822993-25-000016

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 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 May 07, 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.