Corebridge Financial (CRBG) Surpasses Estimates with 35.7% YoY Revenue Growth

Corebridge Financial (NYSE:CRBG) reported Q4 CY2025 revenue of $6.34 billion, up 35.7% year-on-year, and non-GAAP profit of $1.22 per share, 9.7% above analyst estimates. The stock closed flat at $31.38 following the earnings. Supporting context: The company provides retirement solutions, including annuities, life insurance, and institutional risk management. Net premiums earned accounted for 43.3% of revenue over the past five years, reflecting a balanced revenue mix. Book value per share (BVPS) growth accelerated to 16.3% annually over the last two years from $18.93 to $25.60 per share, while five-year BVPS declined 15% annually. Despite strong earnings, the stock remains underperforming relative to its recent results.