Genworth Financial, Inc. Earnings Recaps
Q1 2026
May 8, 2026
Shares rose 3.0% following the quarter as Enact’s cash flows and CareScout’s network expansion underscored progress on strategic priorities, supporting confidence despite limited detail on near-term profitability or margin trends.
Key takeaways
- Genworth reported net income of $47 million and adjusted operating income excluding the closed block of $109 million for Q1.
- Enact delivered adjusted operating income of $140 million, returning $99 million in capital to Genworth in the quarter.
- The company repurchased $875 million of shares at an average price of $6.38 through April 30, 2026, reflecting confidence in capital allocation.
- CareScout expanded its Quality Network significantly, adding senior living communities for the first time and covering 97% of the U.S. population aged 65+.
- CareScout facilitated approximately 1,500 matches in Q1, including initial direct-to-consumer placements, signaling momentum in scaling the business.
Q3 2025
Nov 7, 2025
Genworth Financial reported solid Q3 2025 results with net income of $116 million, bolstered by strong performance from its mortgage insurance subsidiary, Enact, which contributed significantly to earnings and capital returns.
Key takeaways
- Adjusted operating income was $17 million, or $0.04 per share, reflecting resilience amidst market conditions.
- Enact's strong cash flows led to $110 million in capital returns this quarter, totaling $1.2 billion since its IPO.
- Genworth's long-term care (LTC) initiatives saw $44 million in gross incremental premium approvals with a significant average increase of 63%.
- The CareScout network expanded to over 700 providers, achieving over 2,500 matches for LTC policyholders year-to-date, exceeding initial goals.
- Strategic acquisition of Seniorly enhances CareScout's offerings, positioning Genworth for increased market share among aging consumers seeking care solutions.