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Corebridge (CRBG) Reports Q1 Earnings: What Key Metrics Have to Say

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Corebridge Financial (CRBG - Free Report) reported $4.09 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 13.8%. EPS of $1.05 for the same period compares to $1.16 a year ago.

The reported revenue represents a surprise of -14.18% over the Zacks Consensus Estimate of $4.76 billion. With the consensus EPS estimate being $1.07, the EPS surprise was -1.43%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Corebridge performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Premiums: $387 million versus $1.12 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -56.5% change.
  • Total Corebridge- Advisory fee and other income: $106 million versus the four-analyst average estimate of $102.51 million. The reported number represents a year-over-year change of -48.5%.
  • Policy fees: $594 million versus $616.86 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -17.5% change.
  • Total Corebridge- Net investment income: $2.99 billion versus $3.03 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.8% change.
  • Revenue- Life Insurance: $1.04 billion versus the three-analyst average estimate of $1.06 billion. The reported number represents a year-over-year change of +0.1%.
  • Revenue- Individual Retirement: $1.63 billion versus the three-analyst average estimate of $1.68 billion. The reported number represents a year-over-year change of -10.6%.
  • Revenue- Corporate & Other: $14 million versus the three-analyst average estimate of $30.73 million. The reported number represents a year-over-year change of -74.1%.
  • Revenue- Individual Retirement- Premiums: $16 million compared to the $26.38 million average estimate based on three analysts. The reported number represents a change of -40.7% year over year.
  • Revenue- Individual Retirement- Policy fees: $77 million versus the three-analyst average estimate of $85.15 million. The reported number represents a year-over-year change of -61.1%.
  • Revenue- Individual Retirement- Net investment income: $1.54 billion versus the three-analyst average estimate of $1.56 billion. The reported number represents a year-over-year change of +3.3%.
  • Revenue- Group Retirement- Premiums: $1 million versus the three-analyst average estimate of $3.92 million. The reported number represents a year-over-year change of -75%.
  • Revenue- Group Retirement- Policy fees: $109 million versus $112.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.9% change.

View all Key Company Metrics for Corebridge here>>>

Shares of Corebridge have returned +14.6% over the past month versus the Zacks S&P 500 composite's +10% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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