Guidance$MET

MetLife estimates third-quarter variable investment income at $600 million

The insurer disclosed preliminary third-quarter financial figures ahead of its scheduled November earnings release.

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MetLife Inc. (MET) disclosed preliminary financial estimates for the quarter ended September 30, 2026, according to a regulatory filing. The insurer released the preliminary data ahead of its quarterly earnings release scheduled for November 4, 2026.

Key takeaways

  • Variable investment income is estimated at least at $600 million pre-tax for the third quarter.
  • Full-year 2026 guidance stands at approximately $1.6 billion pre-tax.
  • Variable investment income includes private equity, real estate, other funds, and prepayment fees.
  • The quarterly financial supplement and earnings release are scheduled for November 4, 2026.

Preliminary quarterly estimates

MetLife said its variable investment income will reach at least $600 million on a pre-tax basis for the third quarter ending September 30, 2026. This figure compares to full-year 2026 guidance of approximately $1.6 billion pre-tax released previously by the company. Variable investment income covers returns from private equity holdings, real estate investments, other funds, and prepayment fees.

The preliminary financial information is estimated and unaudited, and the company said it has not completed financial closing procedures for the quarter. Actual results could differ materially from these preliminary figures.

Why it matters

Early disclosures of key financial components give investors a preliminary view of investment performance outside of the normal reporting cycle. Because the figures are unfinalized and subject to change during the financial closing process, prospective investors were advised by the company to exercise caution and not draw broader inferences regarding operating data not provided in the filing.

By the numbers

| Metric | Value | Source | |---|---|---|> | Q3 2026 Variable Investment Income | at least $600 million (pre-tax) | 8-K Filing | | Full-Year 2026 Guidance | approx. $1.6 billion (pre-tax) | 8-K Filing |

Remaining reporting schedule

The company will release its complete quarterly financial supplement and earnings results for the period ended September 30, 2026, on November 4, 2026. The full financial statements will be prepared in accordance with U.S. GAAP at that time.

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