{
  "url": "https://struct.news/briefs/corebridges-profit-returned-but-its-operating-measure-moved-backward",
  "title": "Corebridge’s profit returned, but its operating measure moved backward",
  "summary": "Net income swung from a $660 million loss to $2 million, while quarterly APTOI fell $21 million.",
  "published_at": "2026-08-05T17:23:59.829917+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Corebridge Financial Inc.",
    "ticker": "CRBG",
    "cik": "1889539",
    "sector": "Financial Services",
    "industry": "Asset Management"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-05",
    "accession": "0001889539-26-000141",
    "url": "https://www.sec.gov/Archives/edgar/data/1889539/000188953926000141/crbg-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-05",
    "url": "https://www.sec.gov/Archives/edgar/data/1889539/000188953925000053/crbg-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 18481000000,
      "display": "$18.5B",
      "unit": "usd",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001889539-26-000141",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -1.2081039183193476,
      "display": "-1.2%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001889539-26-000141",
        "filing_date": "2026-08-05"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Net margin",
      "value": -1.980412315350901,
      "display": "-2.0%",
      "unit": "percent",
      "period": "2025-12-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001889539-26-000141",
        "filing_date": "2026-08-05"
      }
    }
  ],
  "watch_next": [
    {
      "type": "interest_rates",
      "statement": "Lower interest expense on financial debt contributed to the six-month improvement in adjusted pre-tax operating loss, making future interest expense a specific comparison point.",
      "importance": "medium",
      "evidence": "Adjusted pre-tax operating loss decreased $3 million primarily due to: lower interest expense on financial debt of $12 million primarily driven by debt issuances in the third and fourth quarter of 2024",
      "source_date": "2026-08-05"
    }
  ],
  "related_tickers": [
    "CRBG"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}