MetLife (MET) · Fiscal Q3 2026 · Form 8-K filed Nov 4, 2026
| Key figure | This quarter |
|---|---|
| Revenue | $20.52 billion |
| Diluted EPS (non-GAAP) | $2.78 |
Results
Total revenues were $20,522 million, or about $20.5 billion, for the quarter.
On an adjusted (non-GAAP) basis, diluted earnings per share were $2.78, compared with $2.37 a year earlier as shown in the release.
Adjusted earnings rose 12% to $1.8 billion. The company attributed the increase to higher variable investment income, broad-based volume growth and favorable underwriting.
Guidance
MetLife said it is on track to deliver against its free cash flow ratio and direct expense ratio targets for the year.
What else stood out
Premiums, fees and other revenues increased 12% to $14.1 billion.
The company returned approximately $1 billion to shareholders through share repurchases and common stock dividends.
Total assets under management were $723.4 billion, up 14 percent.
Earlier GAAP quarters show a mixed path: diluted EPS was $1.74 in the first quarter of 2026 and $1.09 in the second, after $1.22 in the third quarter of 2025. Net income was $1,185 million in the first quarter of 2026 and $736 million in the second.
