Aflac (AFL) Gross Margin (2009 - 2026)

Aflac (AFL) posted Gross Margin of 57.85% for Q1 2026, up 35.16% sequentially from 42.8% in Q4 2025, and up 1509.0% YoY from 3.6% in Q1 2025.

Aflac (AFL) Gross Margin (2009 - 2026) Analysis & Trends

Aflac has reported Gross Margin for 18 years, with the latest figure at 57.85% in Q1 2026.

Quarterly Gross Margin rose 1509.0% year-over-year to 57.85% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 56.67% (up 565.0% YoY) and the FY2025 annual result came in at 46.17%, down 1447.0% from the prior year.
Gross Margin grew to 57.85% in Q1 2026 per AFL's latest filing, from 42.8% in the prior quarter.
Over five years, Gross Margin peaked at 69.7% in Q3 2025 and troughed at 37.87% in Q4 2023.
A 5-year average of 50.88% and a median of 51.68% in 2025 frame the typical range for Gross Margin.
The sharpest annual moves came in 2024 and 2025: Gross Margin soared 2654 bps in 2024, then sank 2161 bps in 2025.
Over 5 years, Gross Margin stood at 41.7% in 2022, then dropped by 9 bps to 37.87% in 2023, then soared by 70 bps to 64.41% in 2024, then slumped by 34 bps to 42.8% in 2025, then soared by 35 bps to 57.85% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 57.85%, 42.8%, and 69.7% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Manulife Financial	70.86 Bn	50.95 Bn	-	-
2	Metlife	60.18 Bn	32.86 Bn	7.82 Bn	40.82%
3	Aflac	58.60 Bn	-44.40 Bn	2.27 Bn	55.02%
4	Prudential	35.64 Bn	27.32 Bn	-	-
5	Unum	13.88 Bn	4.33 Bn	1.38 Bn	40.91%
6	Primerica	9.32 Bn	8.68 Bn	717.74 Mn	82.97%
7	Jackson Financial	9.08 Bn	3.09 Bn	-	-
8	Lincoln National	8.09 Bn	-3.59 Bn	2.62 Bn	57.73%
9	Genworth Financial	3.76 Bn	1.78 Bn	668.00 Mn	35.14%
10	Brighthouse Financial	3.06 Bn	-5.00 Bn	1.03 Bn	63.56%

Download Data