gl: the income statement

MyFinsight

For the quarter ending 2025-09-30, GL made $1,512,988K in revenue. $387,843K in net income. Net profit margin of 25.63%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenue	1,512,988	1,481,287	1,480,422	1,455,407
Life Insurance Segment	381,511	519,355	509,756	454,502
Health Insurance Product Line	227,940	229,924	233,929	221,926
Other Insurance Product Line	7,171	6,719	7,080	11,756
Total policyholder benefits	616,622	755,998	750,765	688,184
Amortization of deferred acquisition costs	114,074	111,401	105,515	104,310
Commissions, premium taxes, and non-deferred acquisition costs	157,494	157,411	164,323	149,693
Other operating expense	111,562	108,293	108,746	104,874
Interest expense	36,134	34,885	34,992	31,388
Total benefits and expenses	1,035,886	1,167,988	1,164,341	1,078,449
Income before income taxes	477,102	313,299	316,081	376,958
Income tax benefit (expense)	89,259	60,550	61,518	73,964
Net income	387,843	252,749	254,563	302,994

Basic net income per common share (in dollars per share)	4.81	3.09	3.05	3.45
Basic weighted average shares outstanding (in shares)	80,692,558	81,915,162	83,479,997	87,874,488
Diluted net income per common share (in dollars per share)	4.73	3.05	3.01	3.44
Diluted weighted average shares outstanding (in shares)	82,015,446	82,792,661	84,480,113	88,087,041