Sep 2026 (Q3 FY26) β Oct 22, 2026
Globe Life Inc. Q3 FY26 β Strong Premium Growth Offset by UAGA Underwriting Challenges
Read the full callGlobe Life earnings: last reported Thu, 22 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,600 | +8.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Jun 2026 | Not in the filed figures for the quarter to jun 2026. No older figure is substituted. | ||
| Net profit | 288 | +13.8% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $135.63 on 22 Oct 2025 β $154.79. High $186.02 (6 Aug 2026), low $130.37 (20 Nov 2025).
Overview
Call summaries
Globe Life Inc. Q3 FY26 β Strong Premium Growth Offset by UAGA Underwriting Challenges
Read the full callGlobe Life Inc. Q2 FY26 β Strong Earnings Growth and Capital Returns
Read the full callGlobe Life Inc. Q1 FY26 β Strong Operating Income Growth and Increased Share Buyback
Read the full callEvery analysed call
Financials
Net profit, year on year: +14% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,455 | 1,466 | 1,480 | 1,481 | 1,513 | 1,520 | 1,560 | 1,600 |
| Operating profit | 383 | β | β | β | β | β | β | β |
| Operating margin | 26.3% | β | β | β | β | β | β | β |
| Other income | -1 | -6 | 0 | β | -0 | -2 | -0 | 0 |
| Interest | 31 | 36 | 35 | 35 | 36 | 35 | 34 | 36 |
| Profit before tax | 377 | 312 | 316 | 313 | 477 | 329 | 334 | 355 |
| Tax rate | 19.6% | 18.3% | 19.5% | 19.3% | 18.7% | 19.2% | 19.0% | 18.9% |
| Net profit | 303 | 255 | 255 | 253 | 388 | 266 | 271 | 288 |
| EPS ($ per share) | 3.45 | β | 3.05 | 3.09 | 4.81 | β | 3.45 | 3.71 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 121 | 117 | 113 | 109 | 105 | 102 | 97 | 92 |
| Reserves | 5,213 | 5,551 | 5,874 | 6,182 | 6,895 | 7,479 | 8,003 | 8,547 |
| Total liabilities | 17,681 | 18,683 | 20,276 | 21,125 | 22,037 | 23,565 | 23,771 | 24,839 |
| Fixed assets | β | β | β | β | 212 | 240 | 284 | 370 |
| Investments | 63 | 38 | 108 | 69 | 114 | 82 | 85 | 315 |
| Total assets | 23,096 | 25,977 | 29,047 | 29,768 | 25,987 | 28,051 | 29,076 | 30,814 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 1,278 | 1,364 | 1,476 | 1,438 | 1,422 | 1,482 | 1,402 | 1,396 |
| Cash from investing | -896 | -809 | -1,182 | -913 | -943 | -926 | -642 | -644 |
| Cash from financing | -392 | -591 | -274 | -524 | -492 | -541 | -716 | -768 |
| Net cash flow | 2 | -45 | 19 | -3 | 0 | 11 | 62 | -21 |
| Capital expenditure | -45 | -42 | -42 | -38 | -28 | -50 | -71 | -142 |
| Free cash flow | 1,233 | 1,322 | 1,435 | 1,399 | 1,394 | 1,433 | 1,331 | 1,254 |
| KPI | Jun 2026 Q2 FY26 | Sep 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|
| Average producing agent count American Income Life | 11.391KThe average producing agent count for the second quarter was 11,391,and down 7% from a year ago, but this is up 3% since the end of the first quarter.Source: earnings call transcript | 11.331KThe average producing agent count for the third quarter was 11,331, which was essentially flat compared to the second quarter of this year.Source: earnings call transcript | -0.5% |
| Average producing agent count Liberty National | 4,194The average producing agent count for the second quarter was 4,194, up 8% from a year ago.Source: earnings call transcript | 4,187The average producing agent count for the third quarter was 4,187, up 9% from a year ago.Source: earnings call transcript | -0.2% |
| Average producing agent count Family Heritage | 1,608The average producing agent count for the second quarter was 1,608, up 7% from a year ago.Source: earnings call transcript | 1,565The average producing agent count for the third quarter was 1,565, up 1% from a year ago.Source: earnings call transcript | -2.7% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
181 filings between Nov 13, 2025 and Sep 22, 2026.
Purchases
None
No insider bought shares.
Sales
$77.65M
78 sales by 12 insiders
Also filed: 12 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Darden James Matthew | β | $17.26M | Jul 31, 2026 |
| MAJORS MICHAEL CLAY | β | $16.25M | Jul 29, 2026 |
| Kalmbach Thomas Peter | β | $15.66M | Jul 30, 2026 |
| SVOBODA FRANK M | β | $13.42M | Jun 12, 2026 |
| MITCHELL ROBERT BRIAN | β | $4.31M | Aug 7, 2026 |
| Haworth Jennifer Allison | β | $2.96M | Feb 27, 2026 |
| Hensley Robert Edward | β | $2.17M | Sep 22, 2026 |
| Zorn Rebecca E | β | $1.54M | Jun 18, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 22, 2026 | Hensley Robert Edward EVP & Chief Investment Officer | Option exercise | 10,000 | $1.03M |
| Sep 22, 2026 | Hensley Robert Edward EVP & Chief Investment Officer | Sale | 3,344 | $566.9K |
| Sep 22, 2026 | Hensley Robert Edward EVP & Chief Investment Officer | Sale | 6,656 | $1.13M |
| Aug 7, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Sale | 10,529 | $1.94M |
| Aug 7, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Sale | 11,454 | $2.09M |
| Aug 7, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Option exercise | 23,000 | $2.37M |
| Aug 7, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Sale | 1,017 | $187.9K |
| Jul 31, 2026 | Darden James Matthew Co-Chairman & CEO | Option exercise | 50,000 | $4.92M |
| Jul 31, 2026 | Darden James Matthew Co-Chairman & CEO | Sale | 49,600 | $9.05M |
| Jul 31, 2026 | Darden James Matthew Co-Chairman & CEO | Sale | 400 | $73.3K |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 10,720 | $1.92M |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Option exercise | 11,000 | $1.33M |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Option exercise | 10,000 | $1.03M |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 4,840 | $871.6K |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 2,650 | $480.3K |
| Jul 30, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 2,790 | $507.3K |
| Jul 29, 2026 | MAJORS MICHAEL CLAY EVP - Chief Strategy Officer | Sale | 3,500 | $627.7K |
| Jul 29, 2026 | MAJORS MICHAEL CLAY EVP - Chief Strategy Officer | Sale | 33,500 | $5.98M |
| Jul 29, 2026 | MAJORS MICHAEL CLAY EVP - Chief Strategy Officer | Option exercise | 37,000 | $3.82M |
| Jul 28, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 12,303 | $2.20M |
| Jul 28, 2026 | Kalmbach Thomas Peter EVP & CFO | Option exercise | 14,100 | $1.70M |
| Jul 28, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 3,797 | $681.2K |
| Jul 28, 2026 | Kalmbach Thomas Peter EVP & CFO | Option exercise | 11,550 | $1.48M |
| Jul 28, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 9,550 | $1.70M |
| Jun 30, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Option exercise | 1,850 | $191.0K |
| Jun 30, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Sale | 1,850 | $331.5K |
| Jun 25, 2026 | Alston Cheryl Director | Sale | 1,934 | $348.4K |
| Jun 25, 2026 | Alston Cheryl Director | Sale | 2,564 | $463.0K |
| Jun 25, 2026 | Alston Cheryl Director | Sale | 1,010 | $180.5K |
| Jun 25, 2026 | Alston Cheryl Director | Option exercise | 14,017 | $1.48M |
| Jun 25, 2026 | Alston Cheryl Director | Sale | 2,750 | $488.3K |
| Jun 18, 2026 | Zorn Rebecca E EVP & Chief Talent Officer | Sale | 2,000 | $340.2K |
| Jun 18, 2026 | Zorn Rebecca E EVP & Chief Talent Officer | Option exercise | 2,000 | $196.6K |
| Jun 12, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Option exercise | 2,475 | $243.3K |
| Jun 12, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Sale | 874 | $146.2K |
| Jun 12, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Gift | 1,250 | $0 |
| Jun 12, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Sale | 1,103 | $183.7K |
| Jun 12, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Option exercise | 1,700 | $175.5K |
| Jun 12, 2026 | Skarjune Dolores L EVP and Chief Admin. Officer | Sale | 2,198 | $364.0K |
| Jun 12, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Sale | 5,634 | $940.5K |
| Jun 12, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Sale | 4,366 | $726.3K |
| Jun 12, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Option exercise | 10,000 | $1.01M |
| Jun 11, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Option exercise | 10,000 | $1.01M |
| Jun 11, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Sale | 2,630 | $431.8K |
| Jun 11, 2026 | SVOBODA FRANK M Co-Chairman & CEO | Sale | 7,370 | $1.22M |
| May 29, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Sale | 100 | $15.6K |
| May 29, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Sale | 500 | $77.8K |
| May 27, 2026 | MITCHELL ROBERT BRIAN EVP, General Counsel and CRO | Gift | 320 | $0 |
| May 22, 2026 | Kalmbach Thomas Peter EVP & CFO | Sale | 7,936 | $1.24M |
| May 22, 2026 | Kalmbach Thomas Peter EVP & CFO | Option exercise | 10,000 | $1.03M |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table β absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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