The Filings Report

Aflac Inc.

AFLNYSECIK 4977Financial / Insurance - Lifefiscal year ends December73 quarters since 2008

Revenue, Q2 FY2026
$4.1B
−1.0% on Q2 FY2025
Net income
$825M
+37.7% on Q2 FY2025
Free cash flow
—
no year-earlier figure
Diluted EPS
$1.63
+46.8% on Q2 FY2025
Revenue, TTM
$18.1B
trailing four quarters
Net margin, TTM
26.9%
net income $4.9B
Free cash flow, TTM
—
Cash and equivalents
$6.1B
long-term debt —, Jun 30, 2026
Shares, 12-month change
−6.3%
501M shares, Jun 30, 2026
Buybacks, TTM
$3.8B
6.1% of market value
Dividends, TTM
$1.2B
1.9% of market value
Market value
$62.1B
at the close, buybacks

Latest quarter Q2 FY2026, filed August 7, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Aflac Inc. reported revenue of $4.1B, −1.0% on Q2 FY2025, and net income of $825M (+37.7%). Diluted earnings per share were $1.63.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 7, 2026.

Revenue and net incomeRevenueNet income
−$2B$0$2B$4B$6BQ3'22, Revenue: $4.7BQ3'22, Net income: $1.8BQ3'22Q4'22, Revenue: $3.9BQ4'22, Net income: $196MQ4'22Q1'23, Revenue: $4.8BQ1'23, Net income: $1.2BQ1'23Q2'23, Revenue: $5.2BQ2'23, Net income: $1.6BQ2'23Q3'23, Revenue: $5.0BQ3'23, Net income: $1.6BQ3'23Q4'23, Revenue: $3.8BQ4'23, Net income: $268MQ4'23Q1'24, Revenue: $5.4BQ1'24, Net income: $1.9BQ1'24Q2'24, Revenue: $5.1BQ2'24, Net income: $1.8BQ2'24Q3'24, Revenue: $2.9BQ3'24, Net income: −$93MQ3'24Q4'24, Revenue: $5.4BQ4'24, Net income: $1.9BQ4'24Q1'25, Revenue: $3.4BQ1'25, Net income: $29MQ1'25Q2'25, Revenue: $4.2BQ2'25, Net income: $599MQ2'25Q3'25, Revenue: $4.7BQ3'25, Net income: $1.6BQ3'25Q4'25, Revenue: $4.9BQ4'25, Net income: $1.4BQ4'25Q1'26, Revenue: $4.3BQ1'26, Net income: $1.0BQ1'26Q2'26, Revenue: $4.1BQ2'26, Net income: $825MQ2'26−$2B$0$2B$4B$6BQ3'22, Revenue: $4.7BQ3'22, Net income: $1.8BQ4'22, Revenue: $3.9BQ4'22, Net income: $196MQ4'22Q1'23, Revenue: $4.8BQ1'23, Net income: $1.2BQ2'23, Revenue: $5.2BQ2'23, Net income: $1.6BQ2'23Q3'23, Revenue: $5.0BQ3'23, Net income: $1.6BQ4'23, Revenue: $3.8BQ4'23, Net income: $268MQ4'23Q1'24, Revenue: $5.4BQ1'24, Net income: $1.9BQ2'24, Revenue: $5.1BQ2'24, Net income: $1.8BQ2'24Q3'24, Revenue: $2.9BQ3'24, Net income: −$93MQ4'24, Revenue: $5.4BQ4'24, Net income: $1.9BQ4'24Q1'25, Revenue: $3.4BQ1'25, Net income: $29MQ2'25, Revenue: $4.2BQ2'25, Net income: $599MQ2'25Q3'25, Revenue: $4.7BQ3'25, Net income: $1.6BQ4'25, Revenue: $4.9BQ4'25, Net income: $1.4BQ4'25Q1'26, Revenue: $4.3BQ1'26, Net income: $1.0BQ2'26, Revenue: $4.1BQ2'26, Net income: $825MQ2'26

Net income losses drawn in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$2B$4B$6B$8BQ3'22, Cash and equivalents: $4.7BQ3'22Q4'22, Cash and equivalents: $3.9BQ4'22Q1'23, Cash and equivalents: $3.8BQ1'23Q2'23, Cash and equivalents: $4.7BQ2'23Q3'23, Cash and equivalents: $5.5BQ3'23Q4'23, Cash and equivalents: $4.3BQ4'23Q1'24, Cash and equivalents: $5.1BQ1'24Q2'24, Cash and equivalents: $6.1BQ2'24Q3'24, Cash and equivalents: $5.6BQ3'24Q4'24, Cash and equivalents: $6.2BQ4'24Q1'25, Cash and equivalents: $5.2BQ1'25Q2'25, Cash and equivalents: $7.0BQ2'25Q3'25, Cash and equivalents: $6.8BQ3'25Q4'25, Cash and equivalents: $6.2BQ4'25Q1'26, Cash and equivalents: $5.7BQ1'26Q2'26, Cash and equivalents: $6.1BQ2'26$0$2B$4B$6B$8BQ3'22, Cash and equivalents: $4.7BQ4'22, Cash and equivalents: $3.9BQ4'22Q1'23, Cash and equivalents: $3.8BQ2'23, Cash and equivalents: $4.7BQ2'23Q3'23, Cash and equivalents: $5.5BQ4'23, Cash and equivalents: $4.3BQ4'23Q1'24, Cash and equivalents: $5.1BQ2'24, Cash and equivalents: $6.1BQ2'24Q3'24, Cash and equivalents: $5.6BQ4'24, Cash and equivalents: $6.2BQ4'24Q1'25, Cash and equivalents: $5.2BQ2'25, Cash and equivalents: $7.0BQ2'25Q3'25, Cash and equivalents: $6.8BQ4'25, Cash and equivalents: $6.2BQ4'25Q1'26, Cash and equivalents: $5.7BQ2'26, Cash and equivalents: $6.1BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

Aflac Inc. income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 7, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025Q3 FY2024ended Sep 30, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue4,1174,3464,8664,7404,1603,3985,4032,949−1.0%
Cost of revenue—————————
Gross profit—————————
Research and development—————————
Selling, general and administrative749771866781804802835747−6.8%
Operating income—————————
Other income (expense)—————————
Pretax income9951,2251,5721,9948221452,13592+21.0%
Income tax170206193355223116233185−23.8%
Net income8251,0191,3791,639599291,902(93)+37.7%
Diluted EPS ($)1.631.98—3.081.110.05—(0.17)+46.8%
Diluted shares (millions)506515—532538547—560—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

Aflac Inc. balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 7, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025Q3 FY2024ended Sep 30, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents6,1205,6546,2456,7686,9655,2316,2295,612−12.1%
Short-term investments—————————
Total current assets—————————
Total assets115,961116,280116,470122,306124,736120,258117,566128,442−7.0%
Total current liabilities—————————
Long-term debt—————————
Total liabilities85,64986,31986,98093,61897,53693,92091,468103,612−12.2%
Stockholders’ equity30,31229,96129,49028,68827,20026,33826,09824,830+11.4%
Shares outstanding (millions)501509516524535541547556—

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 7, 2026.

Aflac Inc. cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 7, 2026Q1 FY2026ended Mar 31, 2026filed May 6, 2026Q4 FY2025ended Dec 31, 2025filed Feb 25, 2026Q3 FY2025ended Sep 30, 2025filed Nov 5, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 7, 2025Q4 FY2024ended Dec 31, 2024filed Feb 26, 2025Q3 FY2024ended Sep 30, 2024filed Nov 1, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow1129683151,2523995893331,270−71.9%
Capital expenditures—————————
Free cash flow (CFO − capex)—————————
Depreciation and amortization—————————
Share repurchases9841,0008011,000829900750500+18.7%
Dividends paid299304292299301306267270−0.7%

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 25, 2026.

Income statement

Aflac Inc. income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 25, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Revenue17,16418,92718,70119,14021,55422,14722,30721,75821,66722,55920,87222,72823,93925,36422,17120,73218,25416,55415,393
Cost of revenue———————————————————
Gross profit———————————————————
Research and development———————————————————
Selling, general and administrative3,2533,0143,1653,2493,5413,4203,0892,9882,7802,7962,6062,2612,2222,4152,3362,1591,9771,7431,491
Operating income———4,1574,9344,4164,4614,3544,0874,1174,0014,2534,3994,6584,5023,9833,435——
Other income (expense)——390(73)(28)(1)(74)(69)(137)(233)6728(7)00———
Pretax income4,5336,4175,2624,8695,2084,1594,4453,9834,0184,0673,8624,4914,8164,3022,9503,5612,2351,9142,499
Income tax887974603451977(619)1,1411,063(586)1,4081,3291,5401,6581,4361,0131,233738660865
Net income3,6465,4434,6594,4184,2314,7783,3042,9204,6042,6592,5332,9513,1582,8661,9372,3281,4971,254—
Diluted EPS ($)6.829.637.786.936.256.674.433.775.773.212.92*3.25*3.38*3.06*2.06*2.46*1.59*1.31*1.66*
Diluted shares (millions)535565599638677716746775798828866*908*935*939*939*946*938*958*988*

Balance sheet

Aflac Inc. balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 25, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Cash and equivalents6,2456,2294,3063,9435,0515,1414,8964,3373,4914,8594,3504,6582,5432,0412,2492,1212,3239411,563
Short-term investments———————————————————
Total current assets———————————————————
Total assets116,470117,566126,724131,738157,542165,086152,768140,406137,217129,819118,256119,727121,307121,307116,237100,24384,10679,331—
Total current liabilities———————————————————
Long-term debt———————————————————
Total liabilities86,98091,468104,739111,598124,289131,527123,809116,944112,619109,337100,548101,420106,687115,116103,29189,98375,68972,692—
Stockholders’ equity29,49026,09821,98520,14017,03133,55928,95923,46224,59820,48217,70818,34714,62015,97812,94610,5408,4176,639—
Shares outstanding (millions)516547577612650689723750779*803*840*878*912*935*934*940*938*——

Cash flow statement

Aflac Inc. cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 25, 2026FY2024ended Dec 31, 2024filed Feb 26, 2025FY2023ended Dec 31, 2023filed Feb 22, 2024FY2022ended Dec 31, 2022filed Feb 24, 2023FY2021ended Dec 31, 2021filed Feb 23, 2022FY2020ended Dec 31, 2020filed Feb 23, 2021FY2019ended Dec 31, 2019filed Feb 21, 2020FY2018ended Dec 31, 2018filed Feb 25, 2019FY2017ended Dec 31, 2017filed Feb 23, 2018FY2016ended Dec 31, 2016filed Feb 24, 2017FY2015ended Dec 31, 2015filed Feb 25, 2016FY2014ended Dec 31, 2014filed Feb 26, 2015FY2013ended Dec 31, 2013filed Feb 27, 2014FY2012ended Dec 31, 2012filed Feb 27, 2013FY2011ended Dec 31, 2011filed Feb 27, 2012FY2010ended Dec 31, 2010filed Feb 25, 2011FY2009ended Dec 31, 2009filed Feb 26, 2010FY2008ended Dec 31, 2008filed Aug 7, 2009FY2007ended Dec 31, 2007filed Aug 7, 2009
Operating cash flow2,5552,7073,1903,8795,0515,9585,4556,0146,1285,9876,7766,55010,54714,95210,8426,9896,1614,9654,656
Capital expenditures———————————————————
Free cash flow (CFO − capex)———————————————————
Depreciation and amortization364039454541414953545055696764828174—
Share repurchases3,5302,8002,8012,4012,3011,5371,6271,3011,3511,4221,3151,210813118308121101,490606
Dividends paid1,1981,087966979855769771793661658656654635603552535524434373

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$91M
91 sales by 3 insiders; officers and directors $2M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$264M
233 sales by 11 insiders; officers and directors $15M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 15, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect88,114$118.19$10M50MOct 19, 2026
Oct 15, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect19,122$119.48$2M50MOct 19, 2026
Oct 15, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect6,375$120.31$767K50MOct 19, 2026
Oct 14, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect6,305$116.55$735K50MOct 16, 2026
Oct 14, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect19,046$117.61$2M50MOct 16, 2026
Oct 14, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect29,649$118.17$4M50MOct 16, 2026
Oct 13, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect41,660$116.37$5M50MOct 15, 2026
Oct 13, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect340$117.03$40K50MOct 15, 2026
Oct 12, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect11,468$115.83$1M50MOct 14, 2026
Oct 12, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect732$116.24$85K50MOct 14, 2026
Oct 9, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect11,960$114.72$1M50MOct 14, 2026
Oct 9, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect40$115.52$5K50MOct 14, 2026
Oct 8, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect3,257$112.95$368K50MOct 13, 2026
Oct 8, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect950$113.81$108K50MOct 13, 2026
Oct 8, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect8,393$115.05$966K50MOct 13, 2026
Oct 8, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect400$115.64$46K50MOct 13, 2026
Oct 7, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect11,960$112.80$1M50MOct 9, 2026
Oct 7, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect40$113.58$5K50MOct 9, 2026
Oct 6, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect4,168$113.23$472K50MOct 8, 2026
Oct 6, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect8,882$113.61$1M50MOct 8, 2026
Oct 5, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect13,000$112.25$1M50MOct 7, 2026
Oct 2, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect5,671$110.93$629K50MOct 6, 2026
Oct 2, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect7,529$111.57$840K50MOct 6, 2026
Oct 1, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect11,800$111.18$1M50MOct 5, 2026
Oct 1, 2026Japan Post Holdings Co., Ltd.10% owneropen-market sale10b5-1indirect100$111.74$11K50MOct 5, 2026

Full insider history for Aflac Inc., or insider activity across all companies. A record of filings, not a recommendation.

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Aflac Incorporated, CIK 4977 on EDGAR
Extract generated
October 6, 2026
Withheld
1 line-years whose four quarters do not sum to the filed year: income tax FY2010
Repaired
1 quarters where a full-year figure was filed in a quarter slot and the quarter was rebuilt: other income FY2015
XBRL concepts behind each line

Income statement

Revenue: Revenues
Cost of revenue: not filed
Gross profit: not filed
Research and development: not filed
Selling, general and administrative: SellingGeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest, IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: not filed
Total current assets: not filed
Total assets: Assets
Total current liabilities: not filed
Long-term debt: not filed
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): dei:EntityCommonStockSharesOutstanding

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: not filed
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: PaymentsOfDividends

The data

The statements on this page as files, generated October 6, 2026.

JSON file
/data/financials/AFL.json