Aflac Incorporated
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Financial Performance
Revenue
$17.2B
Market Cap
$51.2B
Net Income
$3.6B
Employees
12,884
Aflac's financial narrative in 2026 is defined by its stable supplemental insurance operations in the United States and Japan. Under CEO Daniel P. Amos, the company generates an exact $18.7 billion in revenue and maintains a $51.2 billion market capitalization with exactly exactly 12884 employees. Despite severe currency headwinds from a historically weak Japanese yen (which impacts the translation of its Japan segment revenues), Aflac has offset this through strong net investment income driven by the higher interest rate environment. The company's unique, low-cost distribution model (relying on independent agents and corporate payroll deductions) provides a nearly impenetrable moat in the supplemental health and life insurance sectors.
Revenue Trend Analysis
YoY Change
-1.4%
3-Year CAGR
+1.9%
Peak Year
2024
Trend
Mostly Growing
Aflac Incorporated has reported revenue across 4 fiscal years, compounding at +1.9% annually over 3 years. The most recent year saw a 1.4% decline versus the prior year. Revenue peaked in 2024 at $17.4B. Out of 3 reported periods, 2 showed growth and 1 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $17.2B | $3.6B | -1.4% |
| FY2024 | $17.4B | — | +3.6% |
| FY2023 | $16.8B | — | +3.7% |
| FY2022 | $16.2B | — | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Aflac Incorporated reported approximately $18.7B in fiscal year 2025 with a team of 12,884 employees worldwide.
Aflac Incorporated strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Supplemental Insurance, Life Insurance, Health Insurance, and Worksite Benefits is driven by steady cash generation and pricing power, enabling Aflac Incorporated to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Aflac Incorporated Revenue & Financials." CorpDigest, https://corpdigest.com/company/aflac/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Aflac Incorporated reported $17B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/aflac/financials" target="_blank" rel="noopener">CorpDigest — Aflac Incorporated financials</a></div>