KEMPER Corp (KMPR) financial statements: income statement, balance sheet and cash flow
KEMPER Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), KEMPER Corp reported revenue of $4.8B (+3.3% year on year) and net income of $143.3M (-54.9% year on year).
Income statement
KEMPER Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Earned Premiums
($4.4B)
($4.2B)
$4.5B
$5.3B
Net Investment Income
$405.0M
$407.5M
$419.7M
$422.6M
Other (Loss) Income
($2.0M)
$8.2M
$7.2M
$9.2M
Change in Fair Value of Equity and Convertible Securities
($4.3M)
($2.7M)
$4.7M
($79.9M)
Net Realized Investment Gains (Losses)
$5.5M
$13.2M
($18.6M)
$4.3M
Impairment Losses
($10.8M)
($5.8M)
($1.1M)
—
Total Revenues
$4.8B
$4.6B
$4.9B
$5.6B
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
($3.4B)
($3.0B)
$3.8B
$4.5B
Insurance and Other Expenses
$1.2B
$1.2B
$1.1B
$1.2B
Interest Expense
$38.5M
$56.9M
$369.3M
$257.6M
Goodwill Impairment
$0
$0
$49.6M
—
Total Expenses
$4.6B
$4.3B
$5.3B
$6.0B
Income (Loss) before Income Taxes
$160.7M
$388.5M
($347.1M)
—
Income Tax Expense (Benefit)
($28.1M)
($76.0M)
$74.8M
$88.3M
Net Income (Loss)
$132.6M
$312.5M
($272.3M)
—
Less: Net Loss attributable to Noncontrolling Interest
($10.7M)
($5.3M)
($200.0K)
—
Net Income (Loss) attributable to Kemper Corporation
$143.3M
$317.8M
($272.1M)
($301.2M)
Basic (in dollars per share)
$2.31
$4.95
-$4.25
-$4.72
Diluted (in dollars per share)
$2.29
$4.91
-$4.25
-$4.72
KEMPER Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Earned Premiums
$1.0B
$999.3M
$1.1B
$1.1B
Net Investment Income
$105.4M
$107.1M
$104.8M
$95.9M
Other Income
$500.0K
$3.4M
$2.9M
$3.1M
Change in Fair Value of Equity and Convertible Securities
($1.7M)
($1.3M)
($2.1M)
($500.0K)
Net Realized Investment Gains (Losses)
$600.0K
$400.0K
$3.9M
($100.0K)
Impairment Losses
($23.7M)
($1.7M)
($3.1M)
($3.6M)
Total Revenues
$1.1B
$1.1B
$1.2B
$1.2B
Policyholders’ Benefits and Incurred Losses and Loss Adjustment Expenses
$818.4M
$828.8M
$924.6M
$829.1M
Insurance and Other Expenses
$272.4M
$277.0M
$339.1M
$300.0M
Interest Expense
$8.9M
$9.3M
$9.1M
$9.0M
Goodwill Impairment
$460.0M
—
—
—
Total Expenses
$1.6B
$1.1B
$1.3B
$1.1B
(Loss) Income before Income Taxes
($467.0M)
($7.9M)
($33.1M)
$87.5M
Income Tax (Benefit) Expense
$1.0M
$3.5M
$8.9M
($17.7M)
Net (Loss) Income
($466.0M)
($4.4M)
($24.2M)
$69.8M
Less: Net Loss attributable to Noncontrolling Interest
($1.2M)
($2.7M)
($3.2M)
($2.8M)
Net (Loss) Income attributable to Kemper Corporation
($464.8M)
($1.7M)
($21.0M)
$72.6M
Basic (in dollars per share)
-$7.90
-$0.03
-$0.34
$1.13
Diluted (in dollars per share)
-$7.90
-$0.03
-$0.34
$1.12
Balance sheet
KEMPER Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Fixed Maturities at Fair Value (Amortized Cost: 2025 - $7,475.7; 2024 - $7,295.0 Allowance for Credit Losses: 2025 - $20.1; 2024 - $10.7)
$6.7B
$6.4B
$6.9B
$6.9B
Equity Securities at Fair Value (Cost: 2025 - $287.9; 2024 - $197.1)
$306.4M
$218.5M
$225.8M
$243.2M
Equity Method Limited Liability Investments
$176.0M
$203.9M
$239.0M
$233.3M
Other Short-Term Investments
$327.9M
$1.1B
$522.9M
$278.4M
Equity Securities at Modified Cost
$579.2M
$539.2M
$513.5M
$586.5M
Convertible Securities at Fair Value
$279.9M
$280.7M
$281.2M
$283.4M
Other Investments
$271.3M
$199.5M
$241.9M
$269.9M
Total Investments
$8.7B
$8.9B
$8.9B
$8.8B
Cash
$124.3M
$64.4M
$64.1M
$212.4M
Receivables from Policyholders (Allowance for Credit Losses: 2025 - $2.0; 2024 - $2.9)
$965.2M
$977.9M
$959.5M
$1.3B
Other Receivables
$184.7M
$185.7M
$200.5M
$262.6M
Deferred Policy Acquisition Costs
$656.7M
$628.9M
$591.6M
$625.6M
Goodwill
$1.3B
$1.3B
$1.3B
$1.3B
Current Income Tax Assets
$40.7M
$63.4M
$64.5M
$167.6M
Deferred Income Tax Assets
$101.1M
$93.3M
$210.4M
$189.4M
Other Assets
$410.7M
$436.1M
$492.6M
$530.0M
Total Assets
$12.5B
$12.6B
$12.7B
$13.4B
Total Insurance Reserves
$6.2B
$5.8B
$6.1B
$6.3B
Unearned Premiums
$1.2B
$1.3B
$1.3B
$1.7B
Policyholder Obligations
$608.0M
$637.7M
$655.7M
$701.3M
Deferred Income Tax Liabilities
$14.8M
$14.8M
$50.6M
$0
Accrued Expenses and Other Liabilities
$762.6M
$705.2M
$737.7M
$817.3M
Long-term Debt, Current, at Amortized Cost
$0
$449.9M
—
—
Long-term Debt, Non-current, at Amortized Cost
$943.5M
$941.7M
—
—
Total Liabilities
$9.8B
$9.8B
$10.2B
$10.9B
Common Stock, $0.10 Par Value, 100,000,000 Shares Authorized; 58,666,644 Shares Issued and Outstanding at December 31, 2025 and 63,840,442 Shares Issued and Outstanding at December 31, 2024
5.9M
6.4M
6.4M
6.4M
Paid-in Capital
$1.7B
$1.9B
$1.8B
$1.8B
Retained Earnings
$1.2B
$1.2B
$1.0B
$1.4B
Accumulated Other Comprehensive Loss
($206.2M)
($304.5M)
($360.8M)
($756.0M)
Total Shareholders’ Equity
$2.7B
$2.8B
$2.5B
$2.4B
Noncontrolling Interest
($12.0M)
($4.1M)
—
—
Total Shareholders’ Equity
$2.7B
$2.8B
$2.5B
—
Total Liabilities and Shareholders’ Equity
$12.5B
$12.6B
$12.7B
$13.4B
KEMPER Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Fixed Maturities at Fair Value
$6.8B
$6.7B
$6.7B
$6.7B
Equity Securities at Fair Value
$309.6M
$308.4M
$302.0M
$284.1M
Equity Method Limited Liability Investments
$183.0M
$176.1M
$174.9M
$176.2M
Short-term Investments at Cost which Approximates Fair Value
$280.8M
$305.8M
$388.7M
$422.5M
Company-Owned Life Insurance
$598.2M
$586.2M
$567.9M
$557.1M
Loans to Policyholders
$279.4M
$279.6M
$279.3M
$278.6M
Other Investments
$282.7M
$283.9M
$287.0M
$272.8M
Total Investments
$8.6B
$8.6B
$8.6B
$8.6B
Cash
$81.2M
$92.6M
$107.4M
$177.0M
Receivables from Policyholders
$972.5M
$1.0B
$1.0B
$1.1B
Other Receivables
$3.9M
$4.8M
$185.4M
$193.1M
Deferred Policy Acquisition Costs
$675.8M
$670.6M
$660.3M
$659.8M
Goodwill
$783.5M
$1.3B
$1.3B
$1.3B
Current Income Tax Assets
$48.7M
$40.2M
$57.4M
$57.5M
Deferred Income Tax Assets
$101.3M
$100.2M
$70.0M
$70.5M
Other Assets
$381.5M
$406.2M
$422.2M
$448.5M
Total Assets
$11.9B
$12.4B
$12.4B
$12.6B
Insurance Reserves
$6.4B
$6.3B
$6.1B
$5.9B
Unearned Premiums
$1.2B
$1.3B
$1.3B
$1.4B
Policyholder Obligations
$541.1M
$568.2M
$620.0M
$641.3M
Deferred Income Tax Liabilities
$0
$4.3M
$13.5M
$14.7M
Accrued Expenses and Other Liabilities
$654.2M
$704.7M
$671.1M
$776.6M
Long-term Debt, Non-Current, at Amortized Cost
$944.5M
$944.0M
$943.1M
$942.6M
Total Liabilities
$9.7B
$9.8B
$9.7B
$9.7B
Common Stock, $0.10 Par Value, 100,000,000 Shares Authorized; 58,922,222 Shares Issued and Outstanding at June 30, 2026 and 58,666,644 Shares Issued and Outstanding at December 31, 2025
5.9M
5.9M
6.0M
6.4M
Paid-in Capital
$1.7B
$1.7B
$1.7B
$1.9B
Retained Earnings
$653.7M
$1.1B
$1.2B
$1.3B
Accumulated Other Comprehensive Loss
($205.3M)
($226.7M)
($227.1M)
($257.7M)
Total Kemper Corporation Shareholders’ Equity
$2.2B
$2.6B
$2.7B
$3.0B
Noncontrolling Interest
($15.5M)
($14.5M)
($10.5M)
($7.9M)
Total Shareholders’ Equity
$2.2B
$2.6B
$2.7B
$2.9B
Total Liabilities and Shareholders’ Equity
$11.9B
$12.4B
$12.4B
$12.6B
Cash flow statement
KEMPER Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net Income (Loss)
$132.6M
$312.5M
($272.3M)
—
Net Realized Gain on Sale of Investments
($5.5M)
($13.2M)
$18.6M
($4.3M)
Impairment Losses
$10.8M
$5.8M
$1.1M
$25.8M
Depreciation, Amortization, and Impairments of Property, Equipment, Software and Intangible Assets Acquired
$74.3M
$53.7M
$44.4M
$50.5M
Settlement Related to Defined Benefit Pension Plan
$0
($2.6M)
$70.2M
$0
Change in Value of Alternative Energy Partnership Investments
$7.0M
$28.8M
($4.0M)
$281.6M
Equity Securities, FV-NI, Gain (Loss)
$4.3M
$2.7M
($4.7M)
$79.9M
Goodwill Impairment
$0
$0
$49.6M
—
Pension Plan assets reverted to the Company
$0
$13.1M
—
—
Receivables from Policyholders
$10.5M
($25.9M)
$326.4M
$129.4M
Reinsurance Recoverables
($500.0K)
$7.0M
$12.1M
($1.9M)
Deferred Policy Acquisition Costs
($26.7M)
($38.3M)
$43.9M
$13.8M
Insurance Reserves
$375.4M
($2.3M)
($30.8M)
$45.4M
Unearned Premiums
($30.1M)
($26.0M)
($403.1M)
($183.5M)
Income Taxes
($7.0M)
$65.3M
$33.2M
($87.5M)
Other
$39.4M
$2.3M
($33.0M)
($11.2M)
Net Cash Provided by (Used in) Operating Activities
$584.5M
$382.9M
($134.2M)
($210.3M)
Proceeds from the Sales, Calls and Maturities of Fixed Maturities
$1.2B
$1.3B
$673.0M
$1.3B
Equity Securities
$24.7M
$37.8M
$149.0M
$536.0M
Real Estate Investments
$5.5M
$3.7M
$0
$0
Mortgage Loans
$124.2M
$121.6M
$95.2M
$91.3M
Other Investments
$42.5M
$21.8M
$18.3M
$52.1M
Fixed Maturities
($1.4B)
($1.0B)
($447.4M)
($1.8B)
Equity Securities
($115.1M)
($19.4M)
($44.4M)
($58.9M)
Real Estate Investments
($2.5M)
($1.6M)
($1.0M)
($3.1M)
Corporate-Owned Life Insurance
($1.5M)
($3.5M)
$0
($110.0M)
Mortgage Loans
($198.6M)
($109.7M)
($104.1M)
($81.1M)
Other Investments
($80.0M)
($51.2M)
($19.8M)
($13.0M)
Net Sales (Purchases) of Short-term Investments
$746.9M
($521.0M)
($238.4M)
$6.1M
Acquisition of Software and Long-lived Assets
($30.6M)
($53.2M)
($53.8M)
($30.8M)
Settlement Proceeds from Company-Owned Life Insurance
$4.3M
$13.5M
$102.2M
—
Other
$4.1M
$12.8M
($20.9M)
$8.5M
Net Cash Provided by (Used in) Investing Activities
$336.2M
($244.4M)
$107.9M
($108.4M)
Repayments of Long-term Debt
($450.0M)
$0
$0
($280.0M)
Proceeds from Issuance of 5.875% Fixed-Rate Reset Junior Subordinated Debentures Due 2062
($450.0M)
$0
$0
$145.6M
Proceeds from Policyholder Contract Obligations
$30.9M
$102.2M
$123.3M
$335.5M
Repayment of Policyholder Contract Obligations
($65.5M)
($120.6M)
($169.0M)
($138.2M)
Proceeds from Shares Issued under Employee Stock Purchase Plan
3.7M
3.8M
4.3M
4.9M
Common Stock Repurchases
($301.9M)
($38.9M)
$0
$0
Dividends Paid
($79.6M)
($80.1M)
($80.1M)
($79.7M)
Other
$2.3M
($3.6M)
($500.0K)
$600.0K
Net Cash Used in Financing Activities
($860.1M)
($137.2M)
($122.0M)
$382.9M
Net increase (decrease) in cash
$60.6M
$1.3M
($148.3M)
$64.2M
Cash, Beginning of Year
$65.4M
$64.1M
$212.4M
$148.2M
Cash, End of Year
$126.0M
—
$64.1M
$212.4M
KEMPER Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net (Loss) Income
($470.4M)
($4.4M)
$142.6M
$166.8M
Net Realized Investment Gains
($1.0M)
($400.0K)
($4.7M)
($800.0K)
Impairment Losses
$25.4M
$1.7M
$6.4M
$3.3M
Depreciation, Amortization and Impairments of Long-lived Assets
$23.2M
$11.6M
$61.2M
$25.5M
Change in Accumulated Undistributed Earnings of Equity Method Limited Liability Investments
($6.7M)
$600.0K
($6.0M)
($6.0M)
Change in Fair Value of Equity and Convertible Securities
$3.0M
$1.3M
$2.5M
$400.0K
Goodwill Impairment
$460.0M
—
—
—
Receivables from Policyholders
$3.0M
($29.2M)
($47.5M)
($64.2M)
Reinsurance Recoverables
$2.4M
$2.8M
$2.6M
$1.8M
Deferred Policy Acquisition Costs
($19.1M)
($13.9M)
($30.3M)
($29.8M)
Insurance Reserves
$189.1M
$106.6M
$251.1M
$87.3M
Unearned Premiums
($10.3M)
$38.8M
$48.9M
$84.2M
Income Taxes
($23.2M)
($3.5M)
$9.5M
$18.4M
Other
($56.1M)
($22.0M)
($38.8M)
($29.3M)
Net Cash Provided by Operating Activities
$119.3M
$88.8M
$409.5M
$269.6M
Proceeds from Sales, Calls and Maturities of Fixed Maturities
$582.8M
$309.4M
$902.3M
$525.4M
Equity Securities
$20.7M
$10.2M
$19.3M
$12.0M
Real Estate Investments
$100.0K
—
$5.5M
—
Mortgage Loans
$78.2M
$29.0M
$83.4M
$53.5M
Other Investments
$10.9M
$5.4M
$18.1M
$12.6M
Fixed Maturities
($643.0M)
($358.8M)
($980.7M)
($668.8M)
Equity Securities
($24.0M)
($13.3M)
($104.3M)
($77.4M)
Real Estate Investments
($1.5M)
($800.0K)
($2.1M)
($1.0M)
Company-Owned Life Insurance
($1.6M)
—
—
—
Mortgage Loans
($83.6M)
($41.6M)
($156.2M)
($108.3M)
Other Investments
$34.9M
$18.0M
$42.6M
$28.1M
Net Sales of Short-term Investments
$47.9M
$22.7M
$685.4M
$650.6M
Acquisition of Software and Long-lived Assets
($22.3M)
($10.9M)
($21.8M)
($15.3M)
Settlement Proceeds from Company-Owned Life Insurance
$6.3M
$4.7M
$2.9M
$2.9M
Other
$4.3M
($1.1M)
$4.2M
$3.3M
Net Cash (Used in) Provided by Investing Activities
($59.7M)
($63.1M)
$413.4M
$361.4M
Repayment of Long-term Debt
$0
$0
($450.0M)
($450.0M)
Proceeds from Policyholder Contract Obligations
$0
$0
$30.3M
$30.0M
Repayment of Policyholder Contract Obligations
($68.1M)
($39.9M)
($51.0M)
($26.7M)
Proceeds from Shares Issued under Employee Stock Purchase Plan
1.6M
800.0K
2.7M
1.8M
Common Stock Repurchases
$0
$0
($251.3M)
($32.5M)
Dividends Paid
($37.6M)
($18.3M)
($60.7M)
($41.0M)
Other
($300.0K)
($1.7M)
($900.0K)
($1.0M)
Net Cash Used in Financing Activities
($104.4M)
($59.1M)
($780.9M)
($519.4M)
Net increase (decrease) in cash
($44.8M)
($33.4M)
$42.0M
$111.6M
Cash, Beginning of Year
$126.0M
$126.0M
$65.4M
$65.4M
Cash, End of Period
$81.2M
$92.6M
$107.4M
$177.0M
Interest
($17.4M)
($14.9M)
($41.9M)
($27.1M)
Operating Leases
($8.7M)
($4.6M)
($14.2M)
($9.7M)
Right-of-Use Assets Obtained in Exchange for New Operating Lease Liabilities