METLIFE INC
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
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FY2025 · Filed Feb 19, 2026
MET$101.67+3.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In millions, except per share data)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenues | |||
| Premiums | $49,779 | $44,945 | $44,283 |
| Universal life and investment-type product policy fees | 5,003 | 4,974 | 5,152 |
| Net investment income | 22,559 | 21,273 | 19,908 |
| Other revenues | 2,827 | 2,601 | 2,526 |
| Net investment gains (losses) | (1,145) | (1,184) | (2,824) |
| Net derivative gains (losses) | (1,939) | (1,623) | (2,140) |
| Total revenues | 77,084 | 70,986 | 66,905 |
| Expenses | |||
| Policyholder benefits and claims | 49,718 | 44,728 | 44,590 |
| Policyholder liability remeasurement (gains) losses | (150) | (206) | (45) |
| Market risk benefit remeasurement (gains) losses | (508) | (1,109) | (994) |
| Interest credited to policyholder account balances | 8,950 | 8,339 | 7,860 |
| Policyholder dividends | 553 | 595 | 622 |
| Other expenses | 13,860 | 13,017 | 12,710 |
| Total expenses | 72,423 | 65,364 | 64,743 |
| Income (loss) before provision for income tax | 4,661 | 5,622 | 2,162 |
| Provision for income tax expense (benefit) | 1,258 | 1,178 | 560 |
| Net income (loss) | 3,403 | 4,444 | 1,602 |
| Less: Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests | 24 | 18 | 24 |
| Net income (loss) attributable to MetLife, Inc. | 3,379 | 4,426 | 1,578 |
| Less: Preferred stock dividends | 194 | 200 | 198 |
| Preferred stock redemption premium | 12 | — | — |
| Net income (loss) available to MetLife, Inc.’s common shareholders | $3,173 | $4,226 | $1,380 |
| Net income (loss) available to MetLife, Inc.’s common shareholders per common share: | |||
|---|---|---|---|
| Basic | $4.74 | $5.98 | $1.82 |
| Diluted | $4.71 | $5.94 | $1.81 |
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