Unum Group (UNM) financial statements: income statement, balance sheet and cash flow
Unum Group'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), Unum Group reported revenue of $13.1B (+1.5% year on year) and net income of $738.5M (-58.5% year on year).
Income statement
Unum Group income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Premium Income
$10.8B
$10.5B
$10.0B
$9.6B
Net Investment Income
$2.0B
$2.1B
$2.1B
$2.1B
Net Investment Loss
($106.6M)
($34.6M)
($36.0M)
($15.7M)
Other Income
$318.4M
$294.5M
$279.2M
$261.1M
Total Revenue
$13.1B
$12.9B
$12.4B
$12.0B
Policy Benefits
$7.6B
$7.5B
$7.3B
$6.9B
Policy Benefits - Remeasurement Loss (Gain)
($439.1M)
$562.3M
$54.8M
—
Commissions
$1.4B
$1.3B
$1.2B
$1.1B
Interest and Debt Expense
$208.8M
$201.1M
$194.8M
$188.5M
Deferral of Acquisition Costs
($697.1M)
($651.5M)
($632.2M)
($556.9M)
Amortization of Deferred Acquisition Costs
$527.1M
$521.0M
$481.4M
$591.0M
Compensation Expense
$1.2B
$1.2B
$1.2B
$1.1B
Other Expenses
$1.5B
$1.2B
$1.1B
$1.0B
Total Benefits and Expenses
$12.1B
$10.6B
$10.7B
$10.4B
Income Before Income Tax
$933.5M
$2.3B
$1.6B
$1.6B
Current
$71.7M
$432.1M
$452.0M
$473.5M
Income Tax - Deferred
$123.3M
$40.1M
($95.7M)
($156.3M)
Total Income Tax
$195.0M
$472.2M
$356.3M
$317.2M
Net Income
$738.5M
$1.8B
$1.3B
$1.3B
Basic
$4.28
$9.49
$6.53
$6.55
Assuming Dilution
$4.27
$9.46
$6.50
$6.50
Unum Group income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Premium Income
$2.8B
$2.8B
$2.7B
$2.7B
Net Investment Income
$478.4M
$483.4M
$476.8M
$560.7M
Gain (Loss) on Investments
($5.2M)
($5.0M)
$128.0M
($17.7M)
Other Income
$79.0M
$82.8M
$85.6M
$70.4M
Total Revenue
$3.4B
$3.4B
$3.4B
$3.4B
Policy Benefits
$2.0B
$2.0B
$1.8B
$1.9B
Policy Benefits - Remeasurement Loss (Gain)
$10.0M
$48.2M
$475.9M
$31.2M
Commissions
$364.3M
$368.5M
$335.2M
$343.5M
Interest and Debt Expense
$53.3M
$53.1M
$52.2M
$52.0M
Deferral of Acquisition Costs
($187.4M)
($190.6M)
($173.5M)
($174.9M)
Amortization of Deferred Acquisition Costs
$135.4M
$134.2M
$132.3M
$132.2M
Compensation Expense
$307.0M
$325.5M
$292.4M
$292.0M
Other Expenses
$366.7M
$357.8M
$360.0M
$323.5M
Total Benefits and Expenses
$3.0B
$3.1B
$3.3B
$2.9B
Income Before Income Tax
$329.5M
$302.7M
$54.5M
$417.0M
Current
$71.7M
$37.8M
($195.2M)
$89.1M
Deferred
$900.0K
$32.9M
$210.0M
($7.7M)
Total Income Tax
$72.6M
$70.7M
$14.8M
$81.4M
Net Income
$256.9M
$232.0M
$39.7M
$335.6M
Basic
$1.61
$1.41
$0.23
$1.93
Assuming Dilution
$1.61
$1.41
$0.23
$1.92
Balance sheet
Unum Group balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Fixed Maturity Securities - at fair value (amortized cost of $34,747.2; $38,269.9; allowance for credit losses of $5.9; $2.8)
$33.1B
$35.6B
$36.8B
$34.8B
Mortgage Loans (net of allowance for credit losses of $15.9; $16.1)
$2.1B
$2.2B
$2.3B
$2.4B
Policy Loans
$3.7B
$3.6B
$3.6B
$3.6B
Other Long-term Investments
$1.7B
$1.7B
$1.6B
$1.4B
Short-term Investments
$3.0B
$2.5B
$1.6B
$1.4B
Total Investments
$43.5B
$45.7B
$46.0B
$43.7B
Cash and Bank Deposits
$158.2M
$162.8M
$146.0M
$119.2M
Accounts and Premiums Receivable (net of allowance for credit losses of $26.1; $26.8)
$1.4B
$1.5B
$1.5B
$1.5B
Reinsurance Recoverable (net of allowance for credit losses of $1.4; $1.5)
$11.6B
$8.3B
$9.1B
$10.2B
Accrued Investment Income
$596.0M
$649.8M
$633.9M
$615.0M
Deferred Acquisition Costs
$2.9B
$2.8B
$2.7B
$2.3B
Goodwill
$353.9M
$349.1M
$349.9M
$347.6M
Property and Equipment
$503.7M
$487.6M
$485.3M
$451.7M
Deferred Income Tax
$79.5M
$369.7M
$649.4M
$449.8M
Other Assets
$2.4B
$1.6B
$1.7B
$1.8B
Total Assets
$63.5B
$62.0B
$63.3B
$61.4B
Future Policy Benefits
$38.0B
$36.8B
$40.0B
—
Policyholders' Account Balances
$5.6B
$5.6B
$5.7B
—
Unearned Premiums
$412.8M
$384.0M
$380.2M
$352.7M
Other Policyholders' Funds
$1.5B
$1.5B
$1.6B
$1.8B
Income Tax Payable
$52.2M
$226.5M
$190.0M
$190.9M
Deferred Income Tax
$38.8M
$31.0M
$27.0M
$9.2M
Short-term debt
$0
$274.6M
$0
$2.0M
Long-term Debt
$3.8B
$3.5B
$3.4B
$3.4B
Other Liabilities
$3.0B
$2.7B
$2.3B
$2.3B
Total Liabilities
$52.4B
$51.0B
$53.6B
$52.2B
Common Stock, $0.10 par; authorized: 725,000,000 shares; issued: 196,194,941 and 195,460,723 shares
19.6M
19.5M
19.4M
30.8M
Additional Paid-in Capital
$1.6B
$1.5B
$1.5B
$2.4B
Accumulated Other Comprehensive Loss
($1.8B)
($2.5B)
($3.3B)
($2.8B)
Retained Earnings
$13.3B
$12.9B
$11.4B
$12.9B
Treasury Stock - at cost: 30,500,524 and 16,871,752 shares
-2.0B
-938.3M
-39.3M
-3.4B
Total Stockholders' Equity
$11.1B
$11.0B
$9.7B
$9.2B
Total Liabilities and Stockholders' Equity
$63.5B
$62.0B
$63.3B
$61.4B
Unum Group balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Debt Securities, Available-for-Sale
$34.4B
$33.3B
$33.2B
$36.0B
Mortgage Loans (net of allowance for credit losses of $16.0; $15.9)
$2.1B
$2.1B
$2.1B
$2.2B
Policy Loans
$3.7B
$3.7B
$3.6B
$3.6B
Other Long-term Investments
$1.6B
$1.7B
$1.7B
$1.7B
Short-term Investments
$1.9B
$2.1B
$2.6B
$2.3B
Total Investments
$43.7B
$42.8B
$43.2B
$45.7B
Cash and Bank Deposits
$199.2M
$192.6M
$327.9M
$1.2B
Accounts and Premiums Receivable (net of allowance for credit losses of $26.9; $26.1)
$1.6B
$1.6B
$1.5B
$1.6B
Reinsurance Recoverable (net of allowance for credit losses of $0.5; $1.4)
$11.1B
$11.3B
$11.7B
$8.0B
Accrued Investment Income
$681.1M
$582.0M
$735.7M
$702.9M
Deferred Acquisition Costs
$3.0B
$3.0B
$2.9B
$2.9B
Goodwill
$353.0M
$353.0M
$354.0M
$353.3M
Property and Equipment
$506.1M
$509.3M
$496.6M
$499.1M
Deferred Income Tax
$48.4M
$37.2M
$120.3M
$305.6M
Other Assets
$2.2B
$2.4B
$2.4B
$1.6B
Total Assets
$63.5B
$62.7B
$63.7B
$62.8B
Future Policy Benefits
$37.6B
$37.3B
$38.3B
$37.2B
Policyholders' Account Balance
$6.0B
$5.7B
$5.7B
$5.6B
Unearned Premiums
$572.0M
$509.1M
$492.0M
$538.3M
Other Policyholders’ Funds
$1.5B
$1.5B
$1.5B
$1.5B
Income Tax Payable
$101.8M
$87.6M
$57.2M
$261.6M
Deferred Income Tax
$37.4M
$41.0M
$38.1M
$36.7M
Long-term Debt
$3.8B
$3.8B
$3.5B
$3.5B
Other Liabilities
$3.1B
$2.9B
$3.0B
$2.6B
Total Liabilities
$52.7B
$51.8B
$52.8B
$51.5B
Common Stock, $0.10 par; authorized: 725,000,000 shares; issued: 196,693,609 and 196,194,941 shares
19.6M
19.6M
19.6M
19.6M
Additional Paid-in Capital
$1.6B
$1.6B
$1.6B
$1.6B
Accumulated Other Comprehensive Loss
($1.9B)
($1.8B)
($2.2B)
($2.0B)
Retained Earnings
$13.7B
$13.5B
$13.2B
$13.3B
Treasury Stock - at cost: 38,389,539 and 30,500,524 shares
-2.6B
-2.4B
-1.8B
-1.5B
Total Stockholders' Equity
$10.8B
$10.9B
$10.9B
$11.3B
Total Liabilities and Stockholders' Equity
$63.5B
$62.7B
$63.7B
$62.8B
Cash flow statement
Unum Group 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
$738.5M
$1.8B
$1.3B
$1.3B
Change in Receivables
$529.4M
$623.9M
$602.7M
$566.0M
Change in Deferred Acquisition Costs
($170.0M)
($130.5M)
($150.8M)
—
Change in Insurance Liabilities
$437.3M
($780.9M)
($313.2M)
($282.0M)
Change in Income Taxes
($22.6M)
$97.6M
($84.3M)
($58.8M)
Change in Other Accrued Liabilities
($112.4M)
($32.3M)
($74.8M)
($113.9M)
Non-cash Components of Net Investment Income
($223.0M)
($248.9M)
($240.3M)
($247.0M)
Net Investment Loss
$106.6M
$34.6M
$36.0M
$15.7M
Depreciation
$123.0M
$116.1M
$108.8M
$110.5M
Cash Related to Reinsurance Transaction
$945.3M
—
$0
$0
Settlement Loss on the U.S. Pension Plan Annuity Purchase
$103.8M
—
—
—
Amortization of Deferred Gain on Reinsurance
($9.0M)
—
—
—
Other, Net
$14.7M
$13.1M
($9.2M)
$16.1M
Net Cash Provided by Operating Activities
$687.7M
$1.5B
$1.2B
$1.4B
Proceeds from Sales of Fixed Maturity Securities
$822.7M
$877.3M
$1.1B
$559.5M
Proceeds from Maturities of Fixed Maturity Securities
$2.1B
$1.5B
$1.6B
$1.5B
Proceeds from Sales and Maturities of Other Investments
$506.4M
$332.1M
$360.0M
$445.9M
Purchase of Fixed Maturity Securities
($2.4B)
($2.0B)
($3.0B)
($2.8B)
Purchase of Other Investments
($361.2M)
($319.1M)
($361.2M)
($482.9M)
Net Purchases of Short-term Investments
($355.7M)
($842.1M)
($141.0M)
($22.6M)
Net Increase (Decrease) in Payables for Collateral on Investments
$330.9M
$251.8M
($98.3M)
($50.8M)
Net Purchases of Property and Equipment
($132.3M)
($125.7M)
($134.8M)
($102.2M)
Net Cash Used by Investing Activities
$548.9M
($344.4M)
($725.9M)
($955.9M)
Short-term Debt Repayment
($275.0M)
$0
($2.0M)
$0
Issuance of Long-term Debt
$296.0M
$391.6M
$0
$349.2M
Long-term Debt Repayment
$0
($350.0M)
$0
($364.0M)
Issuance of Common Stock
$5.1M
$6.0M
$5.2M
$4.0M
Repurchase of Common Stock
($1.0B)
($972.9M)
($250.1M)
($200.1M)
Dividends Paid to Stockholders
($306.2M)
($296.5M)
($277.1M)
($254.2M)
Proceeds from Policyholder Account Deposits
$124.1M
$133.2M
$143.4M
$119.8M
Payments for Policyholder Account Withdrawals
($88.5M)
($82.7M)
($87.0M)
($72.0M)
Cash Received Related to Active Life Volatility Cover Agreement
$17.4M
$26.7M
$18.6M
$5.2M
Other, Net
($3.8M)
($7.4M)
($1.1M)
($2.9M)
Net Cash Used by Financing Activities
($1.2B)
($1.2B)
($450.1M)
($418.6M)
Net Increase (Decrease) in Cash and Bank Deposits
($4.6M)
$16.8M
$26.8M
$44.2M
Cash and Bank Deposits at Beginning of Year
$162.8M
$146.0M
$119.2M
$75.0M
Cash and Bank Deposits at End of Year
$158.2M
$162.8M
—
—
Amortization of Deferred Loss on Reinsurance
$116.7M
—
—
—
Unum Group cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net Income
$488.9M
$232.0M
$564.4M
$524.7M
Change in Receivables
$151.8M
($33.8M)
$521.2M
$360.2M
Deferred Policy Acquisition Cost
($108.4M)
($56.4M)
($131.1M)
($89.9M)
Change in Insurance Liabilities
$195.4M
$143.5M
$484.5M
$55.0M
Change in Income Taxes
$91.2M
$71.2M
$19.0M
$10.3M
Change in Other Accrued Liabilities
($49.1M)
($69.3M)
($143.1M)
($266.3M)
Non-cash Components of Net Investment Income
($177.1M)
($36.1M)
($299.7M)
($176.8M)
Gain (Loss) on Investments
($10.2M)
$5.0M
($96.5M)
$224.5M
Depreciation
$82.4M
$31.8M
$91.8M
$60.2M
Amortization of Deferred Loss on Reinsurance
$91.5M
$45.7M
$67.9M
—
Other, Net
$67.5M
$7.2M
$16.5M
($19.6M)
Net Cash Provided by Operating Activities
$844.3M
$340.8M
$329.8M
$701.6M
Proceeds from Sale of Debt Securities, Available-for-sale
$176.4M
$45.7M
$673.1M
$470.9M
Proceeds from Maturities of Fixed Maturity Securities
$1.3B
$648.0M
$1.5B
$923.3M
Proceeds from Sales and Maturities of Other Investments
$418.5M
$140.6M
$375.3M
$246.9M
Payments to Acquire Debt Securities, Available-for-sale
($2.7B)
($1.5B)
($1.7B)
($904.3M)
Purchases of Other Investments
($352.8M)
($88.7M)
($281.9M)
($202.6M)
Net Sales and Maturities of Short-term Investments
$1.2B
$979.1M
$33.5M
$328.1M
Net Increase (Decrease) in Payables for Collateral on Investments