Sunday 1 November 2026
Export MET’s income statement to Excel — free account
MetLife, Inc.
MetLife, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $77.1 billion, up 8.59% from fiscal 2024.
- Revenue
- +10.5%
- EPS
- +5.83%
- Free cash flow
- +1.87%
- Total debt
- −1.03%
Quarter to June 2026, against a year earlier
100.02
0.81
−0.80%
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MetLife, Inc. (MET) revenue by segment, product and region
Where the money comes from and where it goes
| United States | 31,846 | 51.11% |
|---|---|---|
| Asia | 11,367 | 18.24% |
| MetLife Holdings | 11,356 | 18.23% |
| Latin America | 4,988 | 8.01% |
| EMEA | 2,833 | 4.55% |
| Corporate & Other | 354 | 0.57% |
| Gross margin | 27.54% | |
| Operating margin | 5.68% | |
| Pre-tax margin | 5.68% |
Revenue by product or service $m
| Line | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Prepaid legal plans | 637 26.15% | 572 25.48% | 516 23.15% | 471 22.32% | 432 20.83% | 395 29.17% | 347 26.92% | 296 23.57% |
| Vision fee for service arrangements | 561 23.03% | 536 23.88% | 598 26.83% | 566 26.82% | 546 26.33% | 0 0.00% | 0 0.00% | — |
| Other revenue related to service contracts from customers (1) (3) | 432 17.73% | 412 18.35% | 390 17.50% | 271 12.84% | 289 13.93% | 227 16.77% | 240 18.62% | 241 19.19% |
| Institutional Client asset management fees (1) | 369 15.15% | 301 13.41% | 316 14.18% | 396 18.77% | 363 17.50% | 318 23.49% | 286 22.19% | 293 23.33% |
| Administrative services-only contracts | 295 12.11% | 273 12.16% | 259 11.62% | 238 11.28% | 231 11.14% | 218 16.10% | 210 16.29% | 205 16.32% |
| Recordkeeping and administrative services (2) | 142 5.83% | 151 6.73% | 150 6.73% | 168 7.96% | 213 10.27% | 196 14.48% | 206 15.98% | 221 17.60% |
| Revenue | 2,436 | 2,245 | 2,229 | 2,110 | 2,074 | 1,354 | 1,289 | 1,256 |
Revenue by segment $m
| Line | FY2017 | FY2016 | FY2015 | FY2014 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|
| United States | 31,846 51.11% | 29,480 48.50% | 28,738 46.85% | 27,984 38.17% | — | — |
| Asia | 11,367 18.24% | 11,158 18.36% | 11,259 18.35% | 12,251 16.71% | — | — |
| MetLife Holdings | 11,356 18.23% | 12,467 20.51% | 13,146 21.43% | 13,390 18.26% | — | — |
| Latin America | 4,988 8.01% | 4,672 7.69% | 4,777 7.79% | 5,287 7.21% | — | — |
| EMEA | 2,833 4.55% | 2,809 4.62% | 2,847 4.64% | 3,263 4.45% | — | — |
| Corporate & Other | 354 0.57% | 330 0.54% | 233 0.38% | (222) (0.30%) | — | — |
| Brighthouse Financial | — | — | — | 9,127 12.45% | — | — |
| Operating Segments | — | — | — | — | 51,136 97.87% | 47,285 116.30% |
| Segment Reconciling Items | — | — | — | — | 1,111 2.13% | (6,628) (16.30%) |
| Other, not broken out | — | — | 343 0.56% | 2,236 3.05% | — | — |
| Eliminations | (436) (0.70%) | — | — | — | — | — |
| Revenue | 62,308 | 60,787 | 61,343 | 73,316 | 52,247 | 40,657 |
Operating income by segment $m, and margin
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Asia general account assets under management (at amortized cost) | Q2 FY2026 | $141.2B | $139.2B | +1.48% |
| Holding company cash and liquid assets | Q2 FY2026 | $3.4B | $5.2B | −34.62% |
| Sales | Q1 FY2026 | $370.0M | $315.0M | +17.46% |
| Total assets under management | Q2 FY2026 | $748.1B | — | — |