Aflac Incorporated Q1 2026 Financial Results

Aflac Incorporated reported its first quarter 2026 financial results, with total revenues reaching $4.3 billion, a 27.9% increase year-over-year. Net earnings were $1.0 billion, or $1.98 per diluted share, a significant jump from $29 million ($0.05 per diluted share) in the prior year's quarter. Adjusted earnings were $901 million, a slight decrease of 0.6% from $906 million year-over-year, while adjusted earnings per diluted share increased by 5.4% to $1.75. The company returned $1.3 billion to shareholders through share repurchases and dividends. Aflac Japan saw a 3.8% decrease in net earned premiums in yen terms, attributed to a reinsurance transaction and limited pay products reaching paid-up status. However, pretax adjusted earnings in yen increased by 8.3% due to favorable benefits. Aflac U.S. reported a 3.5% increase in net earned premiums to $1.6 billion, with pretax adjusted earnings rising by 1.4% to $363 million. The company highlighted strong sales of new products in Japan and continued strong persistency in the U.S.