10-K · February 27, 2026
Primerica, Inc. reported strong growth in 2025, highlighted by a 6.6% increase in total revenues to $3.29 billion and a notable improvement in diluted EPS to $22.91, up from $20.99 in 2024. The company emphasized its…
Earnings analysis · 10-Q
PRI earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Primerica, Inc. reported strong Q1 2026 earnings with revenue reaching $872.7 million, surpassing estimates and showing a year-over-year increase. EPS rose to $5.96, reflecting robust sales in their Investment and…
Read full summary
Primerica, Inc. reported strong Q1 2026 earnings with revenue reaching $872.7 million, surpassing estimates and showing a year-over-year increase. EPS rose to $5.96, reflecting robust sales in their Investment and Savings Products segment despite challenges in term life insurance policy sales.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $5.96
- Segment
- Term Life Insurance
- Segment
- Investment and Savings Products
- Segment
- Corporate and Other Distributed Products
What stood out
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Revenue Surged Past Estimates
Revenue for Q1 2026 was $872.7 million, exceeding the estimated $854.3 million by 2.3%.
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Strong EPS Growth
EPS increased to $5.96, beating expectations of $5.48, reflecting an 18% growth year-over-year.
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Investment & Savings Segment Key Driver
The ISP segment recorded significant sales growth, with U.S. retail mutual funds sales rising to $1.46 billion from $1.32 billion.
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Improved Net Income
Net income increased to $190.1 million from $169.1 million, a 12.4% increase year-over-year.
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Healthy Operating Margins
Operating margin improved to 28.6% in Q1 2026 from 27.5% in Q1 2025.
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Robust Asset Growth
Client asset values rose to $126.8 billion, from $109.9 billion, up 15.4% year-over-year.
What to watch
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Decline in Term Life Insurance Sales
New policies issued decreased by approximately 13.5% from 86,415 in Q1 2025 to 74,054 in Q1 2026.
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Recruitment Decrease
New recruits fell from 100,867 in Q1 2025 to 84,217 in Q1 2026, signaling potential future growth concerns.
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Rising Policy Lapse Rates
Policy lapse rates remain above historical levels, impacting long-term revenue stability.
Management's outlook
Management anticipates continued strength in ISP, but highlights recruitment challenges in the term life segment.
Earlier filings 4
10-Q · November 6, 2025
Primerica (PRI) reported a strong Q3 2025, with total revenue of $839.9 million, up 8.6% from $774.1 million in Q3 2024. The company achieved a remarkable EPS of $6.33, significantly outperforming the previous year's…
10-Q · August 7, 2025
Primerica's Q2 2025 results showed robust growth in revenues and EPS, outperforming both prior expectations and year-over-year metrics. The company reported total revenues of $793.3 million, an increase from $791…
10-Q · May 8, 2025
Primerica, Inc. reported solid growth in Q1 2025, with revenues rising to $803.6 million, representing a 9.4% increase from the prior quarter. The company also outperformed EPS expectations with a reported $5.05 against…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.