GNW Q2 2023 Earnings — Genworth Financial, Inc. Revenue & Financial Results | Market Cap Arena

GNWGenworth Financial, Inc.

$3B

Q2 2023 Earnings

Financial Services Insurance - Life

Income Statement

Revenue

$1.9B+1.1% YoY

Gross Profit

$233M12.4% margin

Operating Income

$221M11.8% margin

Net Income

$137M7.3% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$258M

Free Cash Flow

$258M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$89.8B

Total Liabilities

$81.6B

Stockholders' Equity

$7.5B

Cash & Equivalents

$2.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.9B	$1.9B	+1.1%
Gross Profit	$233M	$254M	-8.3%
Operating Income	$221M	$260M	-15.0%
Net Income	$137M	$159M	-13.8%