Annuities was Brighthouse Financial’s largest segment in fiscal 2025, bringing in $21.83B of $40.60B (54%).
| Segment | FY 2015 | FY 2016 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|
| Annuities | $32.95B | $11.59B | $21.83B | ||
| Run-Off | -$1.18B | $5.98B | $7.64B | ||
| Life | $7.09B | $6.68B | $6.89B | ||
| Corporate Segment & Other Operating | $2.37B | $4.10B | $4.23B | ||
| Corporate & Other | — | — | — | ||
| Total | $41.24B | $28.34B | $40.60B |
Brighthouse Financial brought in $40.60B from its four segments in fiscal 2025, the year ended December 31, 2025. That was up 43.2% from $28.34B in fiscal 2024. Annuities was the largest at $21.83B (53.8%), ahead of Run-Off at $7.64B (18.8%) and Life at $6.89B (17.0%). The remaining segment, Corporate Segment & Other Operating, brought in $4.23B.
Compared with fiscal 2024, Annuities grew fastest, up 88.3% to $21.83B. Every segment above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these segments fell from $41.24B to $40.60B, a compound annual decline of 0.5%. Annuities' share of the total fell from 79.9% to 53.8%.
Life Insurance was Brighthouse Financial’s largest revenue line in fiscal 2025, bringing in $4.15B of $4.17B (100%).
| Insurance Product Line | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2023 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Life Insurance | $4.91B | $4.15B | |||||||
| Life | — | — | |||||||
| Life Insurance (1) | — | — | |||||||
| Accident Health Insurance | $54.00M | $18.00M | |||||||
| Accident & Health Insurance Product Line | — | — | |||||||
| Other Products | — | — | |||||||
| Reinsurance | — | — | |||||||
| Total | $4.97B | $4.17B |
Brighthouse Financial brought in $4.17B from its two revenue lines in fiscal 2025, the year ended December 31, 2025. That is less than the $40.60B it reports by segment, so these revenue lines do not cover all of its revenue. Life Insurance was the largest at $4.15B (99.6%), ahead of Accident Health Insurance at $18.00M (0.4%).
Brighthouse Financial (BHF) reports its revenue by segment and by insurance product line. In fiscal 2025, Annuities was its largest segment, bringing in $21.83B (53.8% of the total), followed by Run-Off at $7.64B (18.8%).
Annuities was Brighthouse Financial's largest segment in fiscal 2025, bringing in $21.83B, or 53.8% of the $40.60B total across its four segments.
Life Insurance was Brighthouse Financial's largest revenue line in fiscal 2025, bringing in $4.15B, or 99.6% of the $4.17B total across its two revenue lines.
Among Brighthouse Financial's segments that make up at least 2% of revenue, Annuities grew fastest in fiscal 2025, up 88.3% from $11.59B to $21.83B.
Every figure comes from Brighthouse Financial's annual financial filings, as reported. Each line keeps the name Brighthouse Financial gives it, and years follow its fiscal calendar.
Brighthouse Financial's revenue by segment goes back to fiscal 2015, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.