Globe Life Inc. (GL) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 1.56B | 1.52B | 1.51B | 1.48B | 1.48B | 1.47B | 1.46B | 1.44B | 1.42B | 1.42B | 1.38B | 1.33B | 1.09B | 1.32B | 1.3B | 1.29B | 1.3B | 1.3B | 1.29B | 1.27B |
| Revenue Growth % | 5.35% | 3.93% | 3.96% | 2.85% | 4.54% | 3.57% | 5.15% | 8.58% | 29.51% | 7.03% | 6.7% | 2.68% | -16.06% | 1.95% | 0.78% | 1.62% | 2.85% | 5.57% | 7.65% | 7.64% |
| Medical Costs & Claims | 789.58M | 1.06B | 888.19M | 1.02B | 1.02B | 998.84M | 942.19M | 987.41M | 741.3M | 964.58M | 953.48M | 950.05M | 710.2M | 949.07M | 950.36M | 903.83M | 904.27M | 978.91M | 945.77M | 924.94M |
| Medical Cost Ratio % | 50.63% | 69.64% | 58.7% | 69.18% | 68.94% | 68.12% | 64.74% | 68.56% | 52.35% | 68.13% | 68.89% | 71.63% | 64.95% | 71.75% | 73.26% | 69.97% | 69.42% | 75.45% | 73.48% | 72.77% |
| Gross Profit | 770.03M | 462.61M | 624.8M | 456.48M | 459.82M | 467.44M | 513.22M | 452.83M | 674.84M | 451.11M | 430.64M | 376.36M | 383.27M | 373.6M | 346.88M | 387.94M | 398.36M | 318.45M | 341.38M | 346.17M |
| Gross Margin % | 49.37% | 30.36% | 41.3% | 30.82% | 31.06% | 31.88% | 35.26% | 31.44% | 47.65% | 31.87% | 31.11% | 28.37% | 35.05% | 28.25% | 26.74% | 30.03% | 30.58% | 24.55% | 26.52% | 27.23% |
| Gross Profit Growth % | 67.46% | -1.03% | 21.74% | 0.8% | -31.86% | 3.62% | 19.18% | 20.32% | 76.07% | 20.75% | 24.15% | -2.98% | -3.79% | 17.32% | 1.61% | 12.07% | 24.03% | -7.89% | 3.69% | 12.48% |
| Operating Expenses | 401.9M | 106.35M | 147.7M | 143.18M | 143.74M | 155.01M | 136.26M | 130.51M | 359.92M | 114.4M | 111.83M | 111.85M | 109.04M | 115.88M | 112.11M | 111.49M | 104.18M | 100.89M | 110.58M | 100.92M |
| OpEx / Revenue % | 25.77% | 6.98% | 9.76% | 9.67% | 9.71% | 10.57% | 9.36% | 9.06% | 25.42% | 8.08% | 8.08% | 8.43% | 9.97% | 8.76% | 8.64% | 8.63% | 8% | 7.78% | 8.59% | 7.94% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Combined Ratio % | 76.4% | 76.62% | 68.47% | 78.85% | 78.65% | 78.69% | 74.1% | 77.62% | 77.76% | 76.22% | 76.97% | 80.06% | 74.92% | 80.52% | 81.9% | 78.6% | 77.42% | 83.23% | 82.07% | 80.71% |
| Operating Income | 368.13M | 356.26M | 477.1M | 313.3M | 316.08M | 312.43M | 376.96M | 322.32M | 314.92M | 336.71M | 318.81M | 264.51M | 274.23M | 257.72M | 234.78M | 276.45M | 294.18M | 217.56M | 230.79M | 245.24M |
| Operating Margin % | 23.6% | 23.38% | 31.53% | 21.15% | 21.35% | 21.31% | 25.9% | 22.38% | 22.24% | 23.78% | 23.03% | 19.94% | 25.08% | 19.48% | 18.1% | 21.4% | 22.58% | 16.77% | 17.93% | 19.29% |
| Operating Income Growth % | 16.47% | 14.03% | 26.57% | -2.8% | 0.37% | -7.21% | 18.24% | 21.86% | 14.84% | 30.65% | 35.8% | -4.32% | -6.78% | 18.46% | 1.72% | 12.72% | 34.45% | -12.97% | -0.32% | 15.55% |
| EBITDA | 368.13M | 379.27M | 513.24M | 348.18M | 351.07M | 348.13M | 408.35M | 353.73M | 343.53M | 362.39M | 344.77M | 290.32M | 299.1M | 282.38M | 258.74M | 298.28M | 314.12M | 237.21M | 251.68M | 267.01M |
| EBITDA Margin % | 23.6% | 24.89% | 33.92% | 23.51% | 23.71% | 23.74% | 28.06% | 24.56% | 24.26% | 25.6% | 24.91% | 21.89% | 27.35% | 21.35% | 19.95% | 23.09% | 24.11% | 18.28% | 19.55% | 21.01% |
| Interest Expense | 34M | 35.21M | 36.13M | 34.88M | 34.99M | 35.7M | 31.39M | 31.4M | 28.61M | 25.68M | 25.95M | 25.82M | 24.87M | 24.66M | 23.96M | 21.83M | 19.94M | 19.65M | 20.89M | 21.77M |
| Non-Operating Income | 0 | -23.01M | -36.13M | -34.88M | -34.99M | -35.7M | -31.39M | -31.4M | -28.61M | -25.68M | -25.95M | -25.82M | -24.87M | -24.66M | -23.96M | -21.83M | -19.94M | -19.65M | -20.89M | -21.77M |
| Pretax Income | 334.13M | 333.25M | 477.1M | 313.3M | 316.08M | 312.43M | 376.96M | 322.32M | 314.92M | 336.71M | 318.81M | 264.51M | 274.23M | 257.72M | 234.78M | 276.45M | 294.18M | 217.56M | 230.79M | 245.24M |
| Pretax Margin % | 21.42% | 21.87% | 31.53% | 21.15% | 21.35% | 21.31% | 25.9% | 22.38% | 22.24% | 23.78% | 23.03% | 19.94% | 25.08% | 19.48% | 18.1% | 21.4% | 22.58% | 16.77% | 17.93% | 19.29% |
| Income Tax | 63.61M | 67.25M | 89.26M | 60.55M | 61.52M | 57.24M | 73.96M | 63.97M | 60.71M | 61.91M | 61.73M | 49.25M | 50.62M | 46.16M | 44.19M | 52.48M | 56.69M | 39.6M | 41.92M | 45.63M |
| Effective Tax Rate % | 19.04% | 20.18% | 18.71% | 19.33% | 19.46% | 18.32% | 19.62% | 19.85% | 19.28% | 18.39% | 19.36% | 18.62% | 18.46% | 17.91% | 18.82% | 18.98% | 19.27% | 18.2% | 18.17% | 18.6% |
| Net Income | 270.53M | 266M | 387.84M | 252.75M | 254.56M | 255.2M | 302.99M | 258.36M | 254.22M | 274.8M | 257.08M | 215.26M | 223.61M | 211.56M | 190.59M | 223.97M | 237.48M | 177.95M | 188.87M | 199.62M |
| Net Margin % | 17.35% | 17.45% | 25.63% | 17.06% | 17.2% | 17.4% | 20.82% | 17.94% | 17.95% | 19.41% | 18.57% | 16.23% | 20.45% | 15.99% | 14.69% | 17.34% | 18.23% | 13.72% | 14.67% | 15.7% |
| Net Income Growth % | 6.27% | 4.23% | 28% | -2.17% | 0.14% | -7.13% | 17.86% | 20.02% | 13.69% | 29.89% | 34.89% | -3.89% | -5.84% | 18.89% | 0.91% | 12.2% | 33.03% | -12.87% | -0.04% | 15.35% |
| EPS (Diluted) | 3.45 | 3.29 | 4.71 | 3.05 | 3.01 | 3.01 | 3.44 | 2.83 | 2.67 | 2.88 | 2.68 | 2.24 | 2.28 | 2.14 | 1.90 | 2.26 | 1.64 | 1.76 | 1.84 | 1.92 |
| EPS Growth % | 14.62% | 9.3% | 36.92% | 7.77% | 12.73% | 4.51% | 28.36% | 26.34% | 17.11% | 34.58% | 41.05% | -0.89% | 39.02% | 21.59% | 3.26% | 17.71% | -3.53% | -8.81% | 4.55% | 18.52% |
| EPS (Basic) | 3.45 | 3.35 | 4.81 | 3.09 | 3.05 | 3.04 | 3.45 | 2.83 | 2.71 | 2.88 | 2.72 | 2.26 | 2.32 | 2.18 | 1.92 | 2.28 | 1.66 | 1.77 | 1.86 | 1.94 |
| Diluted Shares Outstanding | 79.8M | 80.85M | 82.02M | 82.79M | 84.48M | 84.75M | 88.09M | 93.87M | 95.11M | 95.46M | 95.82M | 96.25M | 97.91M | 98.64M | 98.15M | 98.94M | 100.25M | 101.34M | 102.38M | 104.23M |