Athene Holding Ltd.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 25, 2026
ATHS$23.15-1.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Years ended December 31, | |||
|---|---|---|---|
| (In millions) | 2025 | 2024 | 2023 |
| Revenues | |||
| Premiums | $2,628 | $1,318 | $12,749 |
| Product charges | 1,137 | 1,016 | 848 |
| Net investment income (related party investment income: 2025 – $2,052, 2024 – $1,648 and 2023 – $1,636; and related party investment expense: 2025 – $1,507, 2024 – $1,269 and 2023 – $987) | 17,847 | 14,481 | 11,130 |
| Investment related gains (losses) (related party: 2025 – $44, 2024 – $20 and 2023 – $18) | 1,544 | 2,045 | 1,428 |
| Other revenues (related party: 2025 – $18, 2024 – $15, and 2023 – $569) | 25 | 19 | 591 |
| Revenues of consolidated variable interest entities | |||
| Net investment income (related party: 2025 – $62, 2024 – $63 and 2023 – $40) | 281 | 282 | 257 |
| Investment related gains (losses) (related party: 2025 – $2,109, 2024 – $1,578 and 2023 – $1,227) | 2,215 | 1,528 | 1,191 |
| Total revenues | 25,677 | 20,689 | 28,194 |
| Benefits and expenses | |||
| Interest sensitive contract benefits (related party: 2025 – $(220), 2024 – $(62) and 2023 – $171) | 12,089 | 8,949 | 6,229 |
| Future policy and other policy benefits (related party: 2025 – $21, 2024 – $23 and 2023 – $46; and remeasurement (gains) losses: 2025 – $(24), 2024 – $(16) and 2023 – $(53)) | 4,433 | 3,054 | 14,434 |
| Market risk benefits remeasurement (gains) losses (related party: 2025 – $23, 2024 – $(22) and 2023 – $32) | 452 | (102) | 404 |
| Amortization of deferred acquisition costs, deferred sales inducements and value of business acquired | 1,242 | 941 | 688 |
| Policy and other operating expenses (related party: 2025 – $288, 2024 – $71 and 2023 – $142) | 2,354 | 2,213 | 1,848 |
| Total benefits and expenses | 20,570 | 15,055 | 23,603 |
| Income before income taxes | 5,107 | 5,634 | 4,591 |
| Income tax expense (benefit) | 886 | 730 | (1,161) |
| Net income | 4,221 | 4,904 | 5,752 |
| Less: Net income attributable to noncontrolling interests | 1,510 | 1,443 | 1,087 |
| Net income attributable to Athene Holding Ltd. stockholders | 2,711 | 3,461 | 4,665 |
| Less: Preferred stock dividends | 161 | 181 | 181 |
| Add: Preferred stock redemption | 84 | — | — |
| Net income available to Athene Holding Ltd. common stockholder | $2,634 | $3,280 | $4,484 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.