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Genworth Financial swings to $41M loss in Q3 2026

Quarterly repurchases totaled $80 million, a new $500 million authorization was announced, and holding-company cash and liquid assets were $320 million.

Available on EDGAR Accepted by SEC EDGAR
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Form Type
8-K

Rhea-AI Filing Summary

Genworth Financial, Inc. (GNW) reported a $41 million net loss, or $0.11 per diluted share, for the quarter ended September 30, 2026, compared with $116 million in net income a year earlier. Revenue was $1.794 billion, versus $1.935 billion a year earlier. Adjusted operating income excluding Closed Block, a non-GAAP measure, was $102 million, compared with $113 million.

Enact reported $132 million in adjusted operating income. Its loss ratio was 20%, compared with 15% a year earlier, and primary insurance in-force was $275.1 billion. Closed Block reported a $146 million adjusted operating loss, including a $111 million pre-tax actual-versus-expected loss associated with lower terminations and higher long-term care benefit utilization. The legacy insurance companies’ estimated RBC ratio was 274%; Enact’s estimated PMIERs sufficiency ratio was 158%.

At quarter-end, holding-company cash and liquid assets were $320 million, including approximately $200 million held for future obligations. Genworth repurchased $80 million of shares in the quarter and announced a new $500 million repurchase authorization. It received $122 million from Enact capital returns and reduced holding-company debt principal by $21 million at a discount.

0 points · 0 major

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0 major · 3 points

How the balance works

Positive

  • None.

Negative

  • Moderate pointCommon-stockholder net loss: $41 million, versus $116 million net income a year earlier.
  • Moderate pointRevenue was $1.794 billion, versus $1.935 billion a year earlier.
  • Moderate pointAdjusted operating income excluding Closed Block: $102 million, versus $113 million.

Filing Explained

In its third-quarter results filing, Genworth reports common shares outstanding at quarter-end September 30, 2026.

Item 2.02 Results of Operations and Financial Condition Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Net income (loss) available to common stockholders $41 million loss Three months ended September 30, 2026; $116 million net income in the prior-year quarter
Total revenue $1.794 billion Q3 2026; $1.935 billion in Q3 2025
Adjusted operating income excluding Closed Block $102 million Q3 2026; $113 million in Q3 2025
Enact adjusted operating income $132 million Q3 2026
Holding-company cash and liquid assets $320 million At September 30, 2026
Share repurchase authorization $500 million New authorization announced
PMIERs sufficiency ratio 158% Enact estimate for Q3 2026
PMIERs sufficiency ratio financial
"PMIERs sufficiency ratio of 158%, $1,827 million above requirements"
adjusted operating income (loss), excluding Closed Block financial
"adjusted operating income (loss), excluding Closed Block"
actual variances from expected experience financial
"Actual variances from expected experience"
new insurance written financial
"new insurance written to be a measure of volume of new business"
New insurance written is the total dollar value of insurance policies a company issues for the first time during a reporting period, measured by the premiums those new policies will bring in. Investors watch it like a subscription count for an insurer: rising new business signals sales momentum and potential future revenue, while trends can also flag changes in pricing, customer demand or near‑term claims risk.
company action level financial
"Risk-based capital ratio based on company action level for GLIC consolidated"
Total revenues $1.794 billion Compared with $1.935 billion in Q3 2025
Net income (loss) available to Genworth Financial, Inc.'s common stockholders $41 million loss Compared with $116 million net income in Q3 2025
Adjusted operating income (loss), excluding Closed Block $102 million Compared with $113 million in Q3 2025

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What was GNW's net result for Q3 2026?
Genworth Financial reported a $41 million net loss, or $0.11 per diluted share, for the quarter ended September 30, 2026. The comparable prior-year quarter had $116 million in net income, or $0.28 per diluted share.

How much did GNW repurchase in Q3 2026?
Genworth repurchased $80 million of shares in Q3 2026 at an average price of $10.05 per share. It also announced a new $500 million authorization.

How many CareScout matches did GNW report for Q3 2026?
CareScout delivered 1,532 matches in the quarter. A match is identified when CareScout validates and approves a qualifying home-care invoice for a member's first service, or receives notice of a move-in to a senior living community.

What was Enact's PMIERs sufficiency ratio in Q3 2026?
Enact's estimated PMIERs sufficiency ratio was 158% for the third quarter of 2026, with available assets $1.827 billion above requirements. The ratio is calculated as available assets divided by required assets under PMIERs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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False000127652000012765202026-11-042026-11-04

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________________________________
FORM 8-K
___________________________________________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
November 4, 2026
Date of Report
(Date of earliest event reported)
___________________________________________________________
Image_1.jpg
GENWORTH FINANCIAL, INC.
(Exact name of registrant as specified in its charter)
___________________________________________________________
Delaware
001-32195
80-0873306
(State or other jurisdiction
of incorporation)		(Commission
File Number)		(I.R.S. Employer
Identification No.)
11011 West Broad Street, Glen Allen, Virginia
23060
(Address of principal executive offices)(Zip Code)
(804) 281-6000
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
___________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading
Symbol		Name of each exchange
on which registered
Common Stock, par value $.001 per shareGNWNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o


Item 2.02Results of Operations and Financial Condition.
On November 4, 2026, Genworth Financial, Inc. (the “Company”) issued (1) a press release announcing its financial results for the quarter ended September 30, 2026, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference, and (2) a financial supplement for the quarter ended September 30, 2026, a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.
The information contained in this Current Report on Form 8-K (including the exhibits) is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the company under the Securities Act of 1933, as amended or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. The information contained in this Current Report on Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.
Item 9.01Financial Statements and Exhibits.
The following materials are furnished as exhibits to this Current Report on Form 8-K:
Exhibit
Number		Description of Exhibit
99.1
Press Release dated November 4, 2026
99.2
Financial Supplement for the quarter ended September 30, 2026
104Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document)


SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GENWORTH FINANCIAL, INC.
Date: November 4, 2026
By:/s/ Darren W. Woodell
Darren W. Woodell
Vice President and Controller
(Principal Accounting Officer)

Exhibit 99.1
pressreleaseimage1.jpg
Genworth Financial Announces Third Quarter 2026 Results
Strategic Highlights
•Strong capital returns from Enact, with $122M received in the quarter
•Repurchased $80M of shares in the quarter; $998M since inception through September 30, 2026; announced new $500M share repurchase authorization
•CareScout delivered 1,532 matches1 in the quarter, with continued progress expanding the CareScout Quality Network
•Care Assurance Worksite launched in the quarter; approved in 40 states as of September 30, 2026
•Continued progress on the LTC2 MYRAP3 with approximately $35.0B estimated net present value achieved since 2012 from IFAs4
Financial Highlights
•Net loss5 of $41M, or $0.11 per diluted share, and adjusted operating income, excluding Closed Block5,6 of $102M, or $0.27 per diluted share
•Enact reported adjusted operating income of $132M5 in the quarter; PMIERs sufficiency ratio7 remains strong at 158%8
•Legacy insurance companies’9 RBC ratio10 of 274%8
•Genworth holding company cash and liquid assets of $320M11 at quarter-end
Richmond, VA (November 4, 2026) – Genworth Financial, Inc. (NYSE: GNW) today reported results for the quarter ended September 30, 2026.
image.jpg
“Genworth executed with discipline in the third quarter as we advanced progress against each of our three strategic priorities,” said Tom McInerney, President & CEO. “Enact’s significant capital returns supported our balanced approach to capital allocation, we expanded CareScout’s reach, and we continued to strengthen the self-sustainability of our Closed Block. As we continue to execute our strategy, we will be well positioned to drive sustainable long-term growth and deliver long-term value to shareholders.”
Consolidated Metrics
(Amounts in millions, except per share data)
Q3 2026Q2 2026Q3 2025
Net income (loss)5
$(41)$47 $116 
Net income (loss) per diluted share5
$(0.11)$0.12 $0.28 
Adjusted operating income (loss), excluding Closed Block5,6
$102 $112 $113 
Adjusted operating income (loss), excluding Closed Block per diluted share5,6
$0.27 $0.29 $0.28 
Weighted-average diluted shares12
375.5386.3413.3

1

Consolidated GAAP Financial Highlights
•Net loss was driven by Closed Block, partially offset by Enact
•Net investment income, net of taxes, was $603 million in the quarter, down from $660 million in the prior quarter and $631 million in the prior year primarily from lower income from limited partnerships and U.S. Government Treasury Inflation Protected Securities
•Net investment losses, net of taxes, decreased net income by $9 million in the quarter, compared with net investment gains of $29 million in the prior quarter and $78 million in the prior year. The investment losses in the current quarter were driven primarily by net trading losses and derivatives partially offset by favorable mark-to-market adjustments on limited partnerships

Enact
Operating Metrics
(Dollar amounts in millions, except where indicated)
Q3 2026Q2 2026Q3 2025
Adjusted operating income (loss)5
$132 $143 $134 
Primary new insurance written$14,106 $15,199 $14,048 
Primary insurance in-force (amounts in billions)
$275.1 $274.0 $272.3 
Loss ratio20 %14 %15 %
Equity13
$4,211 $4,373 $4,320 
•Results in the quarter included a pre-tax reserve release of $37 million reflecting favorable cure performance and loss mitigation activities. The prior quarter and prior year included pre-tax reserve releases of $37 million and $45 million, respectively
•Pre-tax net investment income of $74 million was up from $68 million in the prior year from higher yields and higher average invested assets
•Primary new insurance written (NIW) decreased 7% versus the prior quarter as a result of higher mortgage rates
•Primary insurance in-force increased 1% versus the prior year, as NIW outpaced lapses and cancellations
•Increase in loss ratio driven by normal seasonal increase in new delinquencies versus the prior quarter and a lower reserve release versus the prior year

Capital MetricQ3 2026Q2 2026Q3 2025
PMIERs sufficiency ratio7,8
158%161%162%
•Enact entered into a quota share reinsurance agreement covering the 2028 book year
•Enact paid a quarterly dividend of $0.24 per share
•Estimated PMIERs sufficiency ratio of 158%, $1,827 million above requirements


2

Corporate and Other
Operating Metric
(Amounts in millions)
Q3 2026Q2 2026Q3 2025
Adjusted operating income (loss)6
$(30)$(31)$(21)
•Current quarter results were primarily driven by continued investment in CareScout to fund growth in the services business and debt service
•Prior year included a $7 million tax benefit related to a release of a portion of the valuation allowance on certain deferred tax assets

Closed Block
Operating Metric
(Amounts in millions)
Q3 2026Q2 2026Q3 2025
Adjusted operating income (loss)$(146)$(110)$(96)
•Current quarter results were primarily driven by a $111 million pre-tax A/E14 loss from lower terminations, primarily from mortality, and higher benefit utilization in LTC
•Results in the prior quarter and prior year reflected pre-tax A/E losses of $127 million and $100 million, respectively
•Compared to the prior quarter and prior year, results were also impacted by lower net investment income

Statutory Results8,9 and RBC Ratio8,9
(Dollar amounts in millions)
Q3 2026Q2 2026Q3 2025
Statutory pre-tax income (loss)8,15
$(143)$6 $(12)
Long-term care insurance(151)(82)(75)
Life insurance(31)(22)(2)
Annuities39 110 65 
GLIC consolidated RBC ratio8,10
274%286%303%
•Statutory pre-tax loss was $143 million in the current quarter
•LTC continued to benefit from premium increases and benefit reductions from IFAs. Mortality was favorable to the prior quarter, but unfavorable to the prior year. Claims continued to grow as the block ages. Prior quarter results reflected a benefit from net insurance recoveries of $18 million and higher net investment income, primarily from limited partnerships
•Life insurance results included unfavorable seasonal impacts versus the prior quarter. Compared to the prior year, results included unfavorable mortality and unfavorable impacts as the block runs off
•Annuities results reflected $34 million net favorable interest rate and equity market impacts compared to $97 million in the prior quarter and $47 million in the prior year; mortality was also unfavorable compared to the prior year
•Current quarter estimated GLIC consolidated RBC ratio was 274%, down from the prior quarter from the statutory loss, primarily in LTC
3


Holding Company Cash and Liquid Assets
(Amounts in millions)Q3 2026Q2 2026Q3 2025
Holding company cash and liquid assets11,16
$320 $215 $254 
•Cash and liquid assets were $320 million at the end of the current quarter, which included approximately $200 million of cash held for future obligations, including advance cash payments from the company’s subsidiaries
•Cash inflows during the current quarter included $122 million from Enact capital returns
•Current quarter cash outflows included $80 million in share repurchases, the repurchase of $21 million in principal of holding company debt at a discount, and $6 million related to debt servicing costs

Capital Allocation and Shareholder Returns
•Executed $80 million in share repurchases in the quarter at an average price of $10.05 per share
•Executed $208 million in share repurchases at an average price of $9.16 per share year-to-date through September 30, 2026
•Executed $998 million in share repurchases since the program’s inception through September 30, 2026 at an average price of $6.66 per share
•Reduced holding company debt principal outstanding by $21 million in the quarter and $36 million year-to-date through September 30, 2026, at a discount

4


About Genworth Financial
Genworth Financial, Inc. (NYSE: GNW) is a publicly traded holding company headquartered in Richmond, Virginia. Through its family of brands—including CareScout, Genworth, and Enact—Genworth uses its more than 150 years of experience to help families navigate the aging journey with clarity and confidence, offering guidance, products, and services that support caregiving decisions, long-term care planning, and the financial challenges of aging. Genworth is the majority owner of Enact Holdings, Inc. (Nasdaq: ACT), a leading U.S. mortgage insurance provider. For more information, visit https://www.genworth.com.

Conference Call Information
Investors are encouraged to read this press release, summary presentation and financial supplement which are now posted on the company’s website, https://investor.genworth.com.
Genworth will conduct a conference call on November 5, 2026 at 10:00 a.m. (ET) to discuss its third quarter results, which will be accessible via:
•Telephone: 800-330-6710 or 213-279-1505 (outside the U.S.); conference ID # 1800927; or
•Webcast: https://investor.genworth.com/news-events/ir-calendar
Allow at least 15 minutes prior to the call time to register for the call. A replay of the webcast will be available on the company’s website for one year.
Prior to Genworth’s conference call, Enact will hold a conference call on November 5, 2026 at 8:00 a.m. (ET) to discuss its third quarter results, which will be accessible via:
•Telephone: Click here to obtain a dial-in number and unique PIN for Enact’s live question and answer session; or
•Webcast: https://ir.enactmi.com/news-and-events/events
Allow at least 15 minutes prior to the call time to register for the call.
Contact Information:
Investors:Christine Jewell
InvestorInfo@genworth.com
Media:
Evans Mandes
Evans.Mandes@genworth.com
5

Use of Non-GAAP Measures
The company uses non-GAAP financial measures entitled “adjusted operating income (loss)” and “adjusted operating income (loss), excluding Closed Block.” These non-GAAP financial measures are evaluated by management and the company’s Board of Directors to assess performance, manage capital allocation, and in the case of adjusted operating income (loss), excluding Closed Block, as a factor for determining annual incentive awards and compensation for senior management. These measures have been established to more accurately reflect overall operating performance, as they minimize the impact of macroeconomic volatility. Management believes using adjusted operating income (loss), excluding Closed Block as a consolidated measure of profit or loss better aligns with the company’s strategy and capital allocation framework, as no capital is allocated to the Closed Block segment, which operates on a standalone basis, using existing capital and reserves, along with in-force management actions, to meet future obligations. The company also continues to report adjusted operating income (loss) for the Closed Block segment, as it believes it is the appropriate measure of profit or loss in accordance with segment reporting. Although adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block are non-GAAP financial measures, the company believes these measures aid in understanding the underlying performance of its operations.
The company defines adjusted operating income (loss) as income (loss) from continuing operations excluding:
•net income (loss) attributable to noncontrolling interests,
•net investment gains (losses),
•changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges,
•gains (losses) on the sale of businesses,
•gains (losses) on the early extinguishment of debt,
•restructuring costs, and
•infrequent or unusual non-operating items.
A component of the company’s net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to the company’s discretion and are influenced by market opportunities, as well as asset-liability matching considerations. The company excludes the items listed above from adjusted operating income (loss) because, in the company’s opinion, they are not indicative of overall operating performance.
Adjustments to reconcile net income (loss) to adjusted operating income (loss) assume a 21% current tax rate, plus any associated deferred taxes, and are net of the portion attributable to noncontrolling interests. Changes in fair value of market risk benefits and associated hedges are adjusted to exclude changes in reserves, attributed fees and benefit payments.
Adjusted operating income (loss), excluding Closed Block is derived from adjusted operating income (loss) and excludes adjusted operating income (loss) of the company’s Closed Block segment. While some of the excluded items may be significant components of net income (loss) determined in accordance with GAAP, the company believes that adjusted operating income (loss), and measures that are derived from or incorporate adjusted operating income (loss), including adjusted operating income (loss), excluding Closed Block, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the company. Adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block are not measures of complete profitability; therefore, they should not be considered in isolation or viewed as substitutes for GAAP net income (loss). In addition, the company’s definition of adjusted operating income (loss) may differ from the definitions used by other companies. In reporting non-GAAP measures in the future, the company may make other adjustments to exclude items it does not consider reflective of its core operating performance. The company may also disclose other non-GAAP operating measures in the future if it believes that such measures would be helpful to investors in their evaluation of the company.
A table at the end of this press release provides a reconciliation of net income (loss) available to Genworth Financial, Inc.’s common stockholders to adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block for the three months ended September 30, 2026 and 2025, as well as the three months ended June 30, 2026.
Management also reports revenues of its CareScout services business (CareScout Services) to monitor growth of the business. CareScout Services revenues, which are included in Corporate and Other, primarily consist of fees from the CareScout Quality Network and placement fees earned when placing a care seeker in a senior living community, along with service fees such as eligibility assessments and Care Plans. To arrive at CareScout Services revenues, Corporate and Other revenues are adjusted to exclude intercompany eliminations, revenues from other businesses not individually reportable, including the company’s CareScout insurance business (CareScout Insurance) and international businesses, and other sources of revenue such as corporate net investment income
6

and net investment gains (losses). See the table at the end of this press release for a reconciliation of total Corporate and Other revenues to CareScout Services revenues.
Statutory Accounting Data
The company presents certain supplemental statutory data for GLIC and its consolidating life insurance subsidiaries that has been prepared on the basis of statutory accounting principles (SAP). GLIC and its consolidating life insurance subsidiaries file financial statements with state insurance regulatory authorities and the National Association of Insurance Commissioners that are prepared using SAP, an accounting basis either prescribed or permitted by such authorities. Due to differences in methodology between SAP and GAAP, the values for assets, liabilities and equity, and the recognition of income and expenses, reflected in financial statements prepared in accordance with GAAP are materially different from those reflected in financial statements prepared under SAP. This supplemental statutory data should not be viewed as an alternative to, or used in lieu of, GAAP.
This supplemental statutory data includes the company action level RBC ratio for GLIC and its consolidating life insurance subsidiaries as well as combined statutory pre-tax earnings from the principal legacy insurance companies, GLIC, GLAIC and GLICNY. Statutory pre-tax earnings represent the net gain (loss) from operations, including the impact from in-force rate actions, before dividends to policyholders, refunds to members and federal income taxes and before realized capital gains or (losses). The combined product level statutory pre-tax earnings are grouped on a consistent basis as those provided on page six of the statutory Annual Statements. Management uses and provides this supplemental statutory data because it believes it provides a useful measure of, among other things, statutory pre-tax earnings and the adequacy of capital. Management uses this data to measure against its policy to manage the legacy insurance companies with internally generated capital.
Cautionary Note Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will,” “may” or words of similar meaning and include, but are not limited to, statements regarding the outlook for the company’s future business and financial performance. Examples of forward-looking statements include statements the company makes relating to potential dividends or share repurchases; future return of capital by Enact Holdings, Inc. (Enact Holdings), including share repurchases, and quarterly and special dividends; the cumulative economic benefit of approved and future rate increases and benefit reductions included in the multi-year in-force rate action plan and other reduced benefit options associated with the long-term care insurance products in the company’s Closed Block segment; planned investments in and the company’s outlook for new lines of business or new insurance and other products and services, such as those it is pursuing with its CareScout business (CareScout), including through its CareScout services business (CareScout Services) and its CareScout insurance business (CareScout Insurance); future financial performance, including the expectation that quarterly adverse variances between actual and expected experience could persist resulting in future remeasurement losses in the company’s Closed Block segment; any potential future judgment, recovery and/or payment amounts in connection with the AXA S.A. (AXA) and Santander Cards UK Limited (Santander) litigation, and Genworth’s planned use of proceeds from any potential recovery in connection with the litigation, including share repurchases, debt repurchases and investments in new businesses; future financial condition and liquidity of the company’s businesses; and statements the company makes regarding the outlook of the U.S. economy.
Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from those in the forward-looking statements due to global political, economic, inflation, business, competitive, market, regulatory and other factors and risks, including but not limited to, the following:
•the inability to successfully launch new lines of business, including long-term care insurance and other products and services the company is pursuing with CareScout;
•the company’s failure to maintain the self-sustainability of GLIC and its subsidiaries, collectively referred to as “Closed Block” or its “legacy insurance subsidiaries,” including as a result of the inability to achieve desired levels of in-force management actions and/or the timing of future premium rate increases and associated benefit reductions taking longer to achieve than originally assumed; other regulatory actions negatively impacting the company’s life insurance businesses;
•inaccuracies or changes in estimates, assumptions, methodologies, valuations, projections and/or models, which result in inadequate reserves or other adverse results (including as a result of any changes in connection with quarterly, annual or other reviews, including reviews the company expects to complete in the fourth quarter of 2026);
•the impact on holding company liquidity caused by an inability to receive dividends or any other returns of capital from Enact Holdings, and limited sources of capital and financing and the need to seek additional capital on unfavorable terms;
7

•the impact on any potential recovery and/or payment amounts in the AXA and Santander litigation resulting from a successful appeal (should permission for appeal be granted), significant delays or any other adverse development in the litigation;
•adverse changes to the structure or requirements of Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac) or the U.S. mortgage insurance market; an increase in the number of loans insured through federal government mortgage insurance programs, including those offered by the Federal Housing Administration; the inability of Enact Holdings and/or its U.S. mortgage insurance subsidiaries to continue to meet the requirements mandated by PMIERs (or any adverse changes thereto), the inability to meet minimum statutory capital requirements of applicable regulators or the mortgage insurer eligibility requirements of Fannie Mae or Freddie Mac;
•changes in economic, market and political conditions, labor shortages and fluctuating interest rates; unanticipated financial events, which could lead to market-wide liquidity problems and other significant market disruption resulting in losses, defaults or credit rating downgrades of other financial institutions; deterioration in economic conditions, a recession or a decline in home prices, all of which could be driven by many potential factors, including a U.S. federal government shutdown; an increase in the cost of care impacting the company’s long-term care insurance products included in its Closed Block segment; changes in international trade policy, including the potential impact of new or increased tariffs, retaliatory policies or actions from other countries, and trade wars or other events that lead to political and economic instability; changes in government or monetary policies; changes within regulatory agencies; changes in immigration policy; and fluctuations in international securities markets;
•downgrades in financial strength and credit ratings and potential adverse impacts to liquidity; counterparty credit risks; defaults by counterparties to reinsurance arrangements or derivative instruments; defaults or other events impacting the value of invested assets, including private equity and private credit;
•changes in tax rates or tax laws, or changes in accounting and reporting standards;
•litigation and regulatory investigations or other actions, including commercial and contractual disputes with counterparties;
•the inability to attract, retain and motivate qualified employees or senior management, or the company’s succession plans not operating effectively;
•changes in the composition of Enact Holdings’ business or undue concentration by customer or geographic region;
•the impact from deficiencies in the company’s disclosure controls and procedures or internal control over financial reporting;
•the occurrence of natural or man-made disasters, including geopolitical tensions and war (including the Russian invasion of Ukraine, ongoing conflict between Iran and the United States, and economic competition between the United States and China, among others), a public health emergency, including pandemics, or climate change;
•the inability to effectively manage technology systems (including artificial intelligence), cyber incidents or other failures, disruptions or security breaches of the company or its third-party vendors, as well as unknown risks and uncertainties associated with artificial intelligence;
•the inability of third-party vendors to meet their obligations to the company;
•the lack of availability, affordability or adequacy of reinsurance to protect the company against losses;
•a decrease in the volume of high loan-to-value home mortgage originations or an increase in the volume of mortgage insurance cancellations, including as a result of a potential Federal Housing Finance Agency (FHFA)-directed pilot program in response to a recent executive order issued by the President of the United States;
•unanticipated claims resulting from Enact Holdings’ delegated underwriting and loss mitigation programs;
•the impact of medical advances such as genetic research and diagnostic imaging, emerging new technology, including artificial intelligence and related legislation; and
•other factors described in the risk factors contained in Item 1A of the company’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on February 27, 2026.
The company provides additional information regarding these risks and uncertainties in its Annual Report on Form 10-K. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Accordingly, for the foregoing reasons, the company cautions the reader against relying on any forward-looking statements. The company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required under applicable securities laws.
8

Consolidated Statements of Operations
(Amounts in millions, except per share amounts)
(Unaudited)
Three monthsThree months
ended September 30,ended June 30,
202620252026
Revenues:
Premiums$893 $886 $875 
Net investment income763 799 836 
Net investment gains (losses)(11)99 37 
Policy fees and other income149 151 153 
Total revenues1,794 1,935 1,901 
Benefits and expenses:
Benefits and other changes in policy reserves1,270 1,227 1,233 
Liability remeasurement (gains) losses108 106 132 
Changes in fair value of market risk benefits and associated hedges(11)(1)(17)
Interest credited96 96 96 
Acquisition and operating expenses, net of deferrals255 259 268 
Amortization of deferred acquisition costs and intangibles52 57 54 
Interest expense25 27 26 
Total benefits and expenses1,795 1,771 1,792 
Income (loss) from continuing operations before income taxes(1)164 109 
Provision (benefit) for income taxes8 9 26 
Income (loss) from continuing operations(9)155 83 
Income (loss) from discontinued operations, net of taxes(2)(8)(2)
Net income (loss)(11)147 81 
Less: net income (loss) attributable to noncontrolling interests30 31 34 
Net income (loss) available to Genworth Financial, Inc.’s common stockholders$(41)$116 $47 
Income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders per share:
Basic$(0.10)$0.30 $0.13 
Diluted$(0.10)$0.30 $0.13 
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share:
Basic$(0.11)$0.29 $0.12 
Diluted$(0.11)$0.28 $0.12 
Weighted-average common shares outstanding:
Basic375.5408.0381.3
Diluted12
375.5413.3386.3
9

Reconciliation of Net Income (Loss) to Adjusted Operating Income (Loss) and Adjusted Operating Income (Loss), Excluding Closed Block
(Amounts in millions, except per share amounts)
(Unaudited)
Three monthsThree months
ended September 30,ended June 30,
202620252026
Net income (loss) available to Genworth Financial, Inc.’s common stockholders$(41)$116 $47 
Add: net income (loss) attributable to noncontrolling interests30 31 34 
Net income (loss)(11)147 81 
Less: income (loss) from discontinued operations, net of taxes(2)(8)(2)
Income (loss) from continuing operations(9)155 83 
Less: net income (loss) attributable to noncontrolling interests30 31 34 
Income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders(39)124 49 
Adjustments to income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders:
Net investment (gains) losses, net17
9 (99)(37)
Changes in fair value of market risk benefits attributable to changes in interest rates, equity markets and associated hedges18
(15)(3)(23)
(Gains) losses on early extinguishment of debt(2)— (1)
Expenses related to restructuring2 1 2 
Taxes on adjustments19
1 (6)12 
Adjusted operating income (loss)(44)17 2 
Adjustment to exclude Closed Block segment adjusted operating (income) loss146 96 110 
Adjusted operating income (loss), excluding Closed Block$102 $113 $112 
Adjusted operating income (loss):
Enact segment$132 $134 $143 
Corporate and Other(30)(21)(31)
Closed Block segment(146)(96)(110)
Adjusted operating income (loss)$(44)$17 $2 
Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share:
Basic$(0.11)$0.29 $0.12 
Diluted$(0.11)$0.28 $0.12 
Adjusted operating income (loss), excluding Closed Block per share:
Basic$0.27 $0.28 $0.29 
Diluted$0.27 $0.28 $0.29 
Weighted-average common shares outstanding:
Basic375.5408.0381.3
Diluted12
375.5413.3386.3

10

Reconciliation of Total Corporate and Other Revenues to CareScout Services Revenues
(Amounts in millions)
(Unaudited)
Three months
Three months
ended September 30,ended June 30,
202620252026
Total Corporate and Other revenues$10 $15 $3 
Less: intercompany eliminations(4)(3)(3)
Less: other revenues7 15 — 
CareScout Services revenues$7 $3 $6 
11

Footnote Definitions
1A match is identified when CareScout validates and approves a home care invoice that demonstrates a CareScout member has received services for the first time and the appropriate discount was applied, or receives notice of a move-in to a senior living community.
2Long-term care insurance.
3Multi-year rate action plan.
4In-force rate actions.
5All references reflect amounts available to Genworth’s common stockholders.
6This is a financial measure that is not calculated based on U.S. Generally Accepted Accounting Principles (GAAP). See the Use of Non-GAAP Measures section of this press release for additional information.
7The Private Mortgage Insurer Eligibility Requirements (PMIERs) sufficiency ratio is calculated as available assets divided by required assets as defined within PMIERs.
8Company estimate for the third quarter of 2026 due to timing of the preparation and filing of the statutory financial statement(s).
9Includes Genworth’s legacy insurance companies: Genworth Life Insurance Company (GLIC), Genworth Life and Annuity Insurance Company (GLAIC) and Genworth Life Insurance Company of New York (GLICNY).
10Risk-based capital ratio based on company action level for GLIC consolidated.
11Included approximately $200 million, $81 million and $145 million of cash held for future obligations, including advance cash payments from the company’s subsidiaries as of September 30, 2026, June 30, 2026 and September 30, 2025, respectively.
12As a result of the loss from continuing operations for the three months ended September 30, 2026, the company used basic weighted-average common shares outstanding in the calculation of diluted earnings (loss) per share for the three months ended September 30, 2026, as the inclusion of 5.8 million performance stock units, restricted stock units and other equity-based awards would have been antidilutive to the calculation. Had the company not incurred a loss from continuing operations for the three months ended September 30, 2026, diluted weighted-average common shares outstanding would have been 381.3 million.
13Reflected Genworth’s ownership of equity including accumulated other comprehensive income (loss) and excluding noncontrolling interests of $999 million, $1,037 million and $1,009 million as of September 30, 2026, June 30, 2026 and September 30, 2025, respectively.
14Actual variances from expected experience.
15Net gain (loss) from operations before dividends to policyholders, refunds to members and federal income taxes for GLIC, GLAIC and GLICNY, and before realized capital gains or (losses).
16Holding company cash and liquid assets comprises assets held in Genworth Holdings, Inc. (the issuer of outstanding public debt) which is a wholly-owned subsidiary of Genworth Financial, Inc.
17Net investment (gains) losses were adjusted for the portion attributable to noncontrolling interests of $2 million for the three months ended September 30, 2026.
18Changes in fair value of market risk benefits and associated hedges were adjusted to exclude changes in reserves, attributed fees and benefit payments of $(4) million and $(2) million for the three months ended September 30, 2026 and 2025, respectively, and $(6) million for the three months ended June 30, 2026.
19The three months ended September 30, 2025 included a $27 million tax benefit related to a release of a portion of the valuation allowance on certain deferred tax assets.


12
Third Quarter Financial Supplement September 30, 2026 Exhibit 99.2

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Table of Contents Page Investor Letter......................................................................................................................................................................................................................................... 3 Use of Non-GAAP Measures.................................................................................................................................................................................................................. 4 Results of Operations and Selected Operating Performance Measures................................................................................................................................................... 5 Financial Highlights................................................................................................................................................................................................................................ 6 Consolidated Quarterly Results Consolidated Statements of Operations................................................................................................................................................................................................... 8 Reconciliation of Net Income (Loss) to Adjusted Operating Income (Loss) and Adjusted Operating Income (Loss), Excluding Closed Block..................................... 9 Consolidated Balance Sheets.................................................................................................................................................................................................................. 10-11 Consolidated Balance Sheets by Segment............................................................................................................................................................................................... 12-13 Quarterly Results by Business Adjusted Operating Income (Loss) and Selected Operating Metrics - Enact Segment............................................................................................................................ 15-16 Adjusted Operating Income (Loss) and Selected Operating Metrics - Closed Block Segment................................................................................................................ 18-23 Adjusted Operating Income (Loss) - Corporate and Other...................................................................................................................................................................... 25 Additional Financial Data Investments Summary............................................................................................................................................................................................................................. 27 Fixed Maturity Securities Summary........................................................................................................................................................................................................ 28 U.S. GAAP Net Investment Income Yields............................................................................................................................................................................................. 29 Net Investment Gains (Losses) - Detail.................................................................................................................................................................................................. 30 Reconciliations of Non-GAAP Measures Reconciliation of Operating Return On Equity (ROE)............................................................................................................................................................................ 32 Reconciliation of Consolidated Expense Ratio........................................................................................................................................................................................ 33 Note: Unless otherwise stated, all references in this financial supplement to income (loss) from continuing operations, income (loss) from continuing operations per share, net income (loss), net income (loss) per share, adjusted operating income (loss), adjusted operating income (loss), excluding Closed Block, adjusted operating income (loss), excluding Closed Block per share, book value and book value per share should be read as income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders, income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders per share, net income (loss) available to Genworth Financial, Inc.’s common stockholders, net income (loss) available to Genworth Financial, Inc.’s common stockholders per share, non-U.S. Generally Accepted Accounting Principles (U.S. GAAP) adjusted operating income (loss) available to Genworth Financial, Inc.’s common stockholders, non-U.S. GAAP (non-GAAP) adjusted operating income (loss), excluding Closed Block available to Genworth Financial, Inc.’s common stockholders, non-GAAP adjusted operating income (loss), excluding Closed Block available to Genworth Financial, Inc.’s common stockholders per share, book value available to Genworth Financial, Inc.’s common stockholders and book value available to Genworth Financial, Inc.’s common stockholders per share, respectively. 2

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Dear Investor, Thank you for your continued interest in Genworth Financial, Inc. Please see the accompanying press release and summary presentation posted to the company’s website at https://investor.genworth.com for additional information regarding its third quarter 2026 earnings results. Investors are encouraged to listen to the company’s earnings call on the third quarter 2026 results at 10:00 a.m. (ET) on November 5, 2026. The company’s conference call will be accessible via telephone and internet. The dial-in number for Genworth’s November 5 conference call is 800-330- 6710 or 213-279-1505 (outside the U.S.); conference ID #1800927. To participate in the call by webcast, register at least 15 minutes in advance at https://investor.genworth.com. Regards, Christine Jewell Investor Relations InvestorInfo@genworth.com 3

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Use of Non-GAAP Measures The company uses non-GAAP financial measures entitled “adjusted operating income (loss)” and “adjusted operating income (loss), excluding Closed Block.” These non-GAAP financial measures are evaluated by management and the company’s Board of Directors to assess performance, manage capital allocation, and in the case of adjusted operating income (loss), excluding Closed Block, as a factor for determining annual incentive awards and compensation for senior management. These measures have been established to more accurately reflect overall operating performance, as they minimize the impact of macroeconomic volatility. Management believes using adjusted operating income (loss), excluding Closed Block as a consolidated measure of profit or loss better aligns with the company’s strategy and capital allocation framework, as no capital is allocated to the Closed Block segment, which operates on a standalone basis, using existing capital and reserves, along with in-force management actions, to meet future obligations. The company also continues to report adjusted operating income (loss) for the Closed Block segment, as it believes it is the appropriate measure of profit or loss in accordance with segment reporting. Although adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block are non-GAAP financial measures, the company believes these measures aid in understanding the underlying performance of its operations. The company defines adjusted operating income (loss) as income (loss) from continuing operations excluding: • net income (loss) attributable to noncontrolling interests, • net investment gains (losses), • changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges, • gains (losses) on the sale of businesses, • gains (losses) on the early extinguishment of debt, • restructuring costs and • infrequent or unusual non-operating items. A component of the company’s net investment gains (losses) is the result of estimated future credit losses, the size and timing of which can vary significantly depending on market credit cycles. In addition, the size and timing of other investment gains (losses) can be subject to the company’s discretion and are influenced by market opportunities, as well as asset-liability matching considerations. The company excludes the items listed above from adjusted operating income (loss) because, in the company’s opinion, they are not indicative of overall operating performance. Adjustments to reconcile net income (loss) to adjusted operating income (loss) assume a 21% current tax rate, plus any associated deferred taxes, and are net of the portion attributable to noncontrolling interests. Changes in fair value of market risk benefits and associated hedges are adjusted to exclude changes in reserves, attributed fees and benefit payments. Adjusted operating income (loss), excluding Closed Block is derived from adjusted operating income (loss) and excludes adjusted operating income (loss) of the company’s Closed Block segment. While some of the excluded items may be significant components of net income (loss) determined in accordance with U.S. GAAP, the company believes that adjusted operating income (loss), and measures that are derived from or incorporate adjusted operating income (loss), including adjusted operating income (loss), excluding Closed Block, are appropriate measures that are useful to investors because they identify the income (loss) attributable to the ongoing operations of the company. Adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block are not measures of complete profitability; therefore, they should not be considered in isolation or viewed as substitutes for U.S. GAAP net income (loss). In addition, the company’s definition of adjusted operating income (loss) may differ from the definitions used by other companies. In reporting non-GAAP measures in the future, the company may make other adjustments to exclude items it does not consider reflective of its core operating performance. The company may also disclose other non-GAAP operating measures in the future if it believes that such measures would be helpful to investors in their evaluation of the company. The table on page 9 of this financial supplement provides a reconciliation of net income (loss) to adjusted operating income (loss) and adjusted operating income (loss), excluding Closed Block for the periods presented and reflects adjusted operating income (loss) as determined in accordance with accounting guidance related to segment reporting. This financial supplement includes other non-GAAP measures, including “operating return on equity” and “adjusted expense ratio.” Management believes these non-GAAP measures enhance the understanding of the efficiency with which the company deploys its capital and its operating performance. See pages 32 and 33 of this financial supplement for additional details on these non-GAAP measures. Management also reports revenues of its CareScout services business (CareScout Services) to monitor growth of the business. CareScout Services revenues, which are included in Corporate and Other, primarily consist of fees from the CareScout Quality Network and placement fees earned when placing a care seeker in a senior living community, along with service fees such as eligibility assessments and Care Plans. To arrive at CareScout Services revenues, Corporate and Other revenues are adjusted to exclude intercompany eliminations, revenues from other businesses not individually reportable, including the company’s CareScout insurance business (CareScout Insurance) and international businesses, and other sources of revenue such as corporate net investment income and net investment gains (losses). See page 25 of this financial supplement for a reconciliation of total Corporate and Other revenues to CareScout Services revenues. 4

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Results of Operations and Selected Operating Performance Measures The company allocates tax to its businesses at the U.S. corporate federal income tax rate of 21%. Each segment is then adjusted to reflect the unique tax attributes of that segment, such as permanent differences between U.S. GAAP and tax law. The difference between the consolidated provision for income taxes and the sum of the provision for income taxes in each segment is reflected in Corporate and Other. The annually-determined tax rates and adjustments to each segment’s provision for income taxes are estimates which are subject to review and could change from year to year. U.S. GAAP generally requires an annualized effective tax rate to be used for interim reporting periods, utilizing projections of full year results. However, in certain circumstances, it is appropriate to record the actual effective tax rate for the period if a reliable estimate cannot be made for the full year. For the first three quarters of 2025 and 2026, the company utilized the actual effective tax rate for the interim period to record the provision (benefit) for income taxes for its Closed Block segment and the annualized projected effective tax rate for its Enact segment and Corporate and Other. This financial supplement contains selected operating performance measures including “new insurance written,” “insurance in-force” and “risk in-force,” which are commonly used in the insurance industry as measures of operating performance. Management regularly monitors and reports new insurance written for the company’s Enact segment as a measure of volume of new business generated in a period. The company considers new insurance written to be a measure of the operating performance of its Enact segment because it represents a measure of new sales of mortgage insurance policies during a specified period, rather than a measure of revenues or profitability during that period. Management regularly monitors and reports insurance in-force and risk in-force for the company’s Enact segment. Insurance in-force is a measure of the aggregate unpaid principal balance as of the respective reporting date for loans insured by the company’s U.S. mortgage insurance subsidiaries. Risk in-force is based on the coverage percentage applied to the estimated current outstanding loan balance. These metrics are presented on a direct basis and exclude reinsurance. The company considers insurance in-force and risk in-force to be measures of the operating performance of its Enact segment because they represent measures of the size of its business at a specific date which will generate revenues and profits in a future period, rather than measures of its revenues or profitability during that period. Management regularly monitors and reports a loss ratio for the company’s Enact segment. The company considers the loss ratio, which is the ratio of benefits and other changes in policy reserves to net earned premiums, to be a measure of underwriting performance. The company believes the loss ratio helps to enhance the understanding of the operating performance of the Enact segment. Management regularly monitors and reports insurance in-force for the life insurance products in its Closed Block segment. Insurance in-force for the company’s life insurance products is a measure of the aggregate face value of outstanding insurance policies as of the respective reporting date. The company considers insurance in-force to be a measure of the operating performance of the life insurance products in its Closed Block segment because it represents a measure of the size of the business at a specific date, rather than a measure of revenues or profitability during that period. These operating performance measures enable the company to compare its operating performance across periods without regard to revenues or profitability related to policies or contracts sold in prior periods or from investments or other sources. Statutory Accounting Data The company presents certain supplemental statutory data for Genworth Life Insurance Company (GLIC) and its consolidating life insurance subsidiaries, collectively referred to as the company’s “legacy insurance subsidiaries,” that has been prepared on the basis of statutory accounting principles (SAP). GLIC and its consolidating life insurance subsidiaries file financial statements with state insurance regulatory authorities and the National Association of Insurance Commissioners that are prepared using SAP, an accounting basis either prescribed or permitted by such authorities. Due to differences in methodology between SAP and U.S. GAAP, the values for assets, liabilities and equity, and the recognition of income and expenses, reflected in financial statements prepared in accordance with U.S. GAAP are materially different from those reflected in financial statements prepared under SAP. This supplemental statutory data should not be viewed as an alternative to, or used in lieu of, U.S. GAAP. This supplemental statutory data includes the impact from in-force rate actions on pre-tax long-term care insurance statutory earnings. Statutory pre-tax earnings represent the net gain from operations, including the impact from in-force rate actions, before dividends to policyholders, refunds to members and federal income taxes and before realized capital gains or (losses). Management uses and provides this supplemental statutory data because it believes it provides a useful measure of, among other things, statutory pre-tax earnings and the adequacy of capital. Management uses this data to measure against its policy to manage its legacy insurance subsidiaries with internally generated capital. 5

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 September 30, June 30, March 31, December 31, September 30, Balance Sheet Data 2026 2026 2026 2025 2025 Total Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) 9,922$ 10,035$ 10,039$ 10,074$ 10,158$ Total accumulated other comprehensive income (loss) (1) (1,279) (1,307) (1,224) (1,324) (1,396) Total Genworth Financial, Inc.’s stockholders’ equity 8,643$ 8,728$ 8,815$ 8,750$ 8,762$ Book value per share 23.33$ 23.07$ 22.88$ 22.33$ 21.76$ Book value per share, excluding accumulated other comprehensive income (loss) 26.79$ 26.52$ 26.06$ 25.71$ 25.22$ Common shares outstanding as of the balance sheet date 370.4 378.4 385.2 391.8 402.7 September 30, June 30, March 31, December 31, September 30, Twelve Month Rolling Average ROE 2026 2026 2026 2025 2025 U.S. GAAP Basis ROE 0.5 % 2.1 % 2.1 % 2.2 % 2.2 % Operating ROE (2) 9.0 % 9.1 % 9.1 % 9.1 % 9.0 % September 30, June 30, March 31, December 31, September 30, Quarterly Average ROE 2026 2026 2026 2025 2025 U.S. GAAP Basis ROE (1.6)% 1.9 % 1.9 % 0.1 % 4.6 % Operating ROE (2) 8.5 % 9.1 % 8.7 % 9.7 % 9.0 % Three months ended Nine months ended Basic and Diluted Shares September 30, 2026 September 30, 2026 Weighted-average common shares used in basic earnings per share calculations 375.5 381.6 Potentially dilutive securities: Performance stock units, restricted stock units and other equity-based awards — 5.5 Weighted-average common shares used in diluted earnings per share calculations (3) 375.5 387.1 (2) See page 32 herein for a reconciliation of U.S. GAAP Basis ROE to Operating ROE. (3) As a result of the loss from continuing operations for the three months ended September 30, 2026, the company used basic weighted-average common shares outstanding in the calculation of diluted earnings (loss) per share for the three months ended September 30, 2026, as the inclusion of 5.8 million performance stock units, restricted stock units and other equity-based awards would have been antidilutive to the calculation. Had the company not incurred a loss from continuing operations for the three months ended September 30, 2026, diluted weighted-average common shares outstanding would have been 381.3 million. Three months ended Twelve months ended (1) As of September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, total accumulated other comprehensive income (loss) includes $3,372 million, $945 million, $1,112 million, $463 million and $142 million, net of taxes, respectively, related to changes in the discount rate used to remeasure the liability for future policy benefits and related reinsurance recoverables. 6 Financial Highlights (amounts in millions, except per share data)

 

Consolidated Quarterly Results

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 893$ 875$ 881$ 2,649$ 886$ 886$ 865$ 862$ 3,499$ 763 836 766 2,365 785 799 802 739 3,125 (11) 37 (26) — (39) 99 (28) 27 59 149 153 156 458 152 151 157 158 618 1,794 1,901 1,777 5,472 1,784 1,935 1,796 1,786 7,301 1,270 1,233 1,224 3,727 1,182 1,227 1,195 1,217 4,821 108 132 44 284 143 106 60 4 313 (11) (17) 10 (18) (4) (1) (10) 18 3 96 96 95 287 97 96 94 99 386 255 268 213 736 265 259 249 236 1,009 52 54 55 161 57 57 57 60 231 25 26 25 76 26 27 26 26 105 1,795 1,792 1,666 5,253 1,766 1,771 1,671 1,660 6,868 (1) 109 111 219 18 164 125 126 433 8 26 31 65 4 9 35 36 84 (9) 83 80 154 14 155 90 90 349 (2) (2) (1) (5) 21 (8) (7) (5) 1 (11) 81 79 149 35 147 83 85 350 30 34 32 96 33 31 32 31 127 (41)$ 47$ 47$ 53$ 2$ 116$ 51$ 54$ 223$ (0.10)$ 0.13$ 0.12$ 0.15$ (0.05)$ 0.30$ 0.14$ 0.14$ 0.54$ (0.10)$ 0.13$ 0.12$ 0.15$ (0.05)$ 0.30$ 0.14$ 0.14$ 0.54$ (0.11)$ 0.12$ 0.12$ 0.14$ —$ 0.29$ 0.12$ 0.13$ 0.54$ (0.11)$ 0.12$ 0.12$ 0.14$ —$ 0.28$ 0.12$ 0.13$ 0.54$ 375.5 381.3 388.1 381.6 396.4 408.0 413.2 418.3 409.0 375.5 386.3 393.7 387.1 396.4 413.3 417.5 422.9 414.0 2025 Policy fees and other income BENEFITS AND EXPENSES: REVENUES: Premiums Net investment gains (losses) Net investment income 2026 Benefits and other changes in policy reserves Total revenues Changes in fair value of market risk benefits and associated hedges Liability remeasurement (gains) losses Acquisition and operating expenses, net of deferrals Interest credited Amortization of deferred acquisition costs and intangibles Interest expense INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES INCOME (LOSS) FROM CONTINUING OPERATIONS Provision (benefit) for income taxes Total benefits and expenses Income (loss) from discontinued operations, net of taxes (1) NET INCOME (LOSS) NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS Less: net income (loss) attributable to noncontrolling interests Income (loss) from continuing operations available to Genworth Financial, Inc.’s common stockholders per share Earnings (Loss) Per Share Data: Basic Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share (2) As a result of the loss from continuing operations for the three months ended September 30, 2026 and December 31, 2025, the company used basic weighted-average common shares outstanding in the calculation of diluted earnings (loss) per share for the three months ended September 30, 2026 and December 31, 2025, as the inclusion of 5.8 million and 6.0 million, respectively, performance stock units, restricted stock units and other equity-based awards would have been antidilutive to the calculation. Had the company not incurred a loss from continuing operations for the three months ended September 30, 2026 and December 31, 2025, diluted weighted-average common shares outstanding would have been 381.3 million and 402.4 million, respectively. (1) Income (loss) from discontinued operations primarily includes legal costs related to litigation involving the company’s former lifestyle protection insurance business, and in the fourth quarter of 2025, loss recoveries of $16 million. Weighted-average common shares outstanding Diluted Basic Diluted Basic Diluted (2) 8 Consolidated Statements of Operations (amounts in millions, except per share amounts)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total (41)$ 47$ 47$ 53$ 2$ 116$ 51$ 54$ 223$ 30 34 32 96 33 31 32 31 127 (11) 81 79 149 35 147 83 85 350 (2) (2) (1) (5) 21 (8) (7) (5) 1 (9) 83 80 154 14 155 90 90 349 30 34 32 96 33 31 32 31 127 (39) 49 48 58 (19) 124 58 59 222 9 (37) 25 (3) 38 (99) 27 (28) (62) (15) (23) 9 (29) (6) (3) (15) 19 (5) (2) (1) — (3) (1) — — — (1) 2 2 2 6 — 1 — (1) — 1 12 (7) 6 (4) (6) (2) 2 (10) (44) 2 77 35 8 17 68 51 144 146 110 32 288 114 96 44 63 317 102$ 112$ 109$ 323$ 122$ 113$ 112$ 114$ 461$ 132$ 143$ 140$ 415$ 146$ 134$ 141$ 137$ 558$ (30) (31) (31) (92) (24) (21) (29) (23) (97) (146) (110) (32) (288) (114) (96) (44) (63) (317) (44)$ 2$ 77$ 35$ 8$ 17$ 68$ 51$ 144$ (0.11)$ 0.12$ 0.12$ 0.14$ —$ 0.29$ 0.12$ 0.13$ 0.54$ (0.11)$ 0.12$ 0.12$ 0.14$ —$ 0.28$ 0.12$ 0.13$ 0.54$ 0.27$ 0.29$ 0.28$ 0.85$ 0.31$ 0.28$ 0.27$ 0.27$ 1.13$ 0.27$ 0.29$ 0.28$ 0.83$ 0.31$ 0.28$ 0.27$ 0.27$ 1.11$ 375.5 381.3 388.1 381.6 396.4 408.0 413.2 418.3 409.0 375.5 386.3 393.7 387.1 396.4 413.3 417.5 422.9 414.0 2025 Less: net income (loss) attributable to noncontrolling interests INCOME (LOSS) FROM CONTINUING OPERATIONS Add: net income (loss) attributable to noncontrolling interests Less: income (loss) from discontinued operations, net of taxes NET INCOME (LOSS) AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS NET INCOME (LOSS) 2026 INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS: Net investment (gains) losses, net (1) (Gains) losses on early extinguishment of debt Changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges (2) Expenses related to restructuring Taxes on adjustments (3) ADJUSTED OPERATING INCOME (LOSS): ADJUSTED OPERATING INCOME (LOSS), EXCLUDING CLOSED BLOCK ADJUSTED OPERATING INCOME (LOSS) Adjustment to exclude Closed Block segment adjusted operating (income) loss Enact segment Closed Block segment ADJUSTED OPERATING INCOME (LOSS) Net income (loss) available to Genworth Financial, Inc.’s common stockholders per share Earnings (Loss) Per Share Data: Corporate and Other (4) As a result of the loss from continuing operations for the three months ended September 30, 2026 and December 31, 2025, the company used basic weighted-average common shares outstanding in the calculation of diluted earnings (loss) per share for the three months ended September 30, 2026 and December 31, 2025, as the inclusion of 5.8 million and 6.0 million, respectively, performance stock units, restricted stock units and other equity-based awards would have been antidilutive to the calculation. Had the company not incurred a loss from continuing operations for the three months ended September 30, 2026 and December 31, 2025, diluted weighted-average common shares outstanding would have been 381.3 million and 402.4 million, respectively. Basic Weighted-average common shares outstanding Diluted (3) Taxes on adjustments include tax expense of $3 million in the fourth quarter of 2025 and a tax benefit of $27 million in the third quarter of 2025 related to a release of a portion of the valuation allowance on certain deferred tax assets. (2) Changes in fair value of market risk benefits and associated hedges were adjusted to exclude changes in reserves, attributed fees and benefit payments (see page 23 for reconciliation). (1) Net investment (gains) losses were adjusted for the portion attributable to noncontrolling interests (see page 30 for reconciliation). Diluted Adjusted operating income (loss), excluding Closed Block per share Basic Basic Diluted (4) 9 Reconciliation of Net Income (Loss) to Adjusted Operating Income (Loss) and Adjusted Operating Income (Loss), Excluding Closed Block (amounts in millions, except per share amounts)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 42,457$ 45,264$ 45,095$ 45,762$ 46,110$ 560 564 544 555 546 6,488 6,408 6,351 6,363 6,374 (59) (57) (58) (59) (59) Commercial mortgage loans, net 6,429 6,351 6,293 6,304 6,315 2,336 2,385 2,301 2,297 2,311 3,594 3,538 3,528 3,484 3,473 895 871 770 770 658 Total investments 56,271 58,973 58,531 59,172 59,413 2,207 1,986 2,120 2,036 2,036 582 555 633 603 589 1,454 1,497 1,540 1,586 1,632 201 201 199 198 184 16,083 17,412 17,394 17,860 17,872 (19) (21) (21) (23) (23) 16,064 17,391 17,373 17,837 17,849 427 474 468 418 421 1,631 1,811 1,761 1,800 1,801 92 79 55 64 62 4,203 4,396 4,093 4,369 4,449 Total assets 83,132$ 87,363$ 86,773$ 88,083$ 88,436$ Limited partnerships Policy loans Less: Allowance for credit losses Commercial mortgage loans Equity securities, at fair value Fixed maturity securities available-for-sale, at fair value (1) ASSETS Investments: Other invested assets Cash, cash equivalents and restricted cash Accrued investment income Reinsurance recoverable Intangible assets and goodwill Less: Allowance for credit losses Deferred acquisition costs Market risk benefit assets Deferred tax asset Reinsurance recoverable, net Other assets Separate account assets (1) Amortized cost of $47,928 million, $48,228 million, $48,192 million, $48,150 million and $48,379 million as of September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively, and allowance for credit losses of $23 million, $22 million, $23 million, $23 million and $28 million as of September 30, 2026, June 30, 2026, March 31, 2026, December 31, 2025 and September 30, 2025, respectively. 10 Consolidated Balance Sheets (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 September 30, 2026 June 30, 2026 March 31, 2026 December 31, 2025 September 30, 2025 50,279$ 54,508$ 54,082$ 55,228$ 55,364$ 13,848 13,895 13,871 13,843 14,039 315 366 423 413 429 774 757 743 727 710 77 81 85 92 96 2,514 2,095 2,126 2,131 2,056 1,480 1,500 1,509 1,513 1,520 4,203 4,396 4,093 4,369 4,449 — — — — 2 Total liabilities 73,490 77,598 76,932 78,316 78,665 1 1 1 1 1 11,894 11,885 11,873 11,888 11,879 3,372 945 1,112 463 142 (4,651) (2,252) (2,336) (1,787) (1,538) (1,279) (1,307) (1,224) (1,324) (1,396) 1,736 1,777 1,731 1,684 1,682 (3,709) (3,628) (3,566) (3,499) (3,404) Total Genworth Financial, Inc.’s stockholders’ equity 8,643 8,728 8,815 8,750 8,762 999 1,037 1,026 1,017 1,009 Total equity 9,642 9,765 9,841 9,767 9,771 Total liabilities and equity 83,132$ 87,363$ 86,773$ 88,083$ 88,436$ Liabilities: Liability for policy and contract claims Market risk benefit liabilities Policyholder account balances Future policy benefits LIABILITIES AND EQUITY Unearned premiums Other liabilities Long-term borrowings Separate account liabilities Equity: Common stock Liabilities related to discontinued operations (1) All other Change in the discount rate used to measure future policy benefits Accumulated other comprehensive income (loss): Additional paid-in capital Total accumulated other comprehensive income (loss) Retained earnings Treasury stock, at cost Noncontrolling interests (1) Liabilities related to discontinued operations primarily include legal costs related to litigation involving the sale of the company’s former lifestyle protection insurance business. 11 Consolidated Balance Sheets (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Enact Closed Block Corporate and Other (1) Total 6,531$ 51,606$ 923$ 59,060$ 63 1,560 32 1,655 8 16,056 — 16,064 189 1,788 81 2,058 — 92 — 92 — 4,203 — 4,203 Total assets 6,791$ 75,305$ 1,036$ 83,132$ —$ 50,279$ —$ 50,279$ — 13,848 — 13,848 — 315 — 315 617 150 7 774 77 — — 77 141 1,804 569 2,514 746 — 734 1,480 — 4,203 — 4,203 Total liabilities 1,581 70,599 1,310 73,490 4,448 5,230 244 9,922 (237) (524) (518) (1,279) 4,211 4,706 (274) 8,643 999 — — 999 5,210 4,706 (274) 9,642 6,791$ 75,305$ 1,036$ 83,132$ ASSETS Deferred acquisition costs and intangible assets Reinsurance recoverable, net Cash and investments September 30, 2026 Separate account assets Deferred tax and other assets Market risk benefit assets LIABILITIES AND EQUITY Liabilities: Future policy benefits Policyholder account balances Unearned premiums Other liabilities Liability for policy and contract claims Market risk benefit liabilities Borrowings Separate account liabilities Equity: Allocated equity, excluding accumulated other comprehensive income (loss) Allocated accumulated other comprehensive income (loss) Total Genworth Financial, Inc.’s stockholders’ equity Total liabilities and equity Total equity Noncontrolling interests (1) Includes start-up businesses, not individually reportable, that offer aging care services through CareScout Services and long-term care insurance products through CareScout Insurance, along with certain international businesses, debt financing expenses, unallocated corporate income and expenses, and eliminations of inter-segment transactions. 12 Consolidated Balance Sheet by Segment (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Enact Closed Block Corporate and Other (1) Total 6,745$ 53,605$ 1,164$ 61,514$ 61 1,605 32 1,698 5 17,386 — 17,391 150 1,991 144 2,285 — 79 — 79 — 4,396 — 4,396 Total assets 6,961$ 79,062$ 1,340$ 87,363$ —$ 54,508$ —$ 54,508$ — 13,895 — 13,895 — 366 — 366 599 151 7 757 81 — — 81 126 1,479 490 2,095 745 — 755 1,500 — 4,396 — 4,396 Total liabilities 1,551 74,795 1,252 77,598 4,439 5,092 504 10,035 (66) (825) (416) (1,307) 4,373 4,267 88 8,728 1,037 — — 1,037 5,410 4,267 88 9,765 6,961$ 79,062$ 1,340$ 87,363$ June 30, 2026 Separate account assets Deferred tax and other assets Market risk benefit assets ASSETS Deferred acquisition costs and intangible assets Reinsurance recoverable, net Cash and investments LIABILITIES AND EQUITY Liabilities: Future policy benefits Policyholder account balances Unearned premiums Other liabilities Liability for policy and contract claims Market risk benefit liabilities Borrowings Separate account liabilities (1) Includes other businesses not individually reportable, including CareScout Services, CareScout Insurance and certain international businesses, along with debt financing expenses, unallocated corporate income and expenses, and eliminations of inter-segment transactions. Equity: Allocated equity, excluding accumulated other comprehensive income (loss) Allocated accumulated other comprehensive income (loss) Total Genworth Financial, Inc.’s stockholders’ equity Total liabilities and equity Total equity Noncontrolling interests 13 Consolidated Balance Sheet by Segment (amounts in millions)

 

Enact Segment

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 242$ 245$ 243$ 730$ 245$ 245$ 245$ 245$ 980$ 74 73 72 219 69 68 66 63 266 (6) (2) (6) (14) (3) (2) (8) (3) (16) 3 1 3 7 1 1 1 2 5 313 317 312 942 312 312 304 307 1,235 48 33 37 118 18 36 25 31 110 48 50 47 145 57 51 50 50 208 2 2 2 6 2 2 3 2 9 12 13 12 37 13 13 12 12 50 110 98 98 306 90 102 90 95 377 203 219 214 636 222 210 214 212 858 45 44 46 135 45 47 46 46 184 158 175 168 501 177 163 168 166 674 30 34 32 96 33 31 32 31 127 128 141 136 405 144 132 136 135 547 4 2 5 11 2 2 7 2 13 1 1 — 2 — 1 (1) 1 1 (1) (1) (1) (3) — (1) (1) (1) (3) 132$ 143$ 140$ 415$ 146$ 134$ 141$ 137$ 558$ 6$ 2$ 6$ 14$ 3$ 2$ 8$ 3$ 16$ (2) — (1) (3) (1) — (1) (1) (3) 4$ 2$ 5$ 11$ 2$ 2$ 7$ 2$ 13$ 2026 2025 Policy fees and other income BENEFITS AND EXPENSES: REVENUES: Premiums Net investment gains (losses) Net investment income Benefits and other changes in policy reserves Total revenues Amortization of deferred acquisition costs and intangibles Acquisition and operating expenses, net of deferrals Interest expense INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Provision (benefit) for income taxes Total benefits and expenses Less: net income (loss) attributable to noncontrolling interests INCOME (LOSS) FROM CONTINUING OPERATIONS INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS AVAILABLE TO GENWORTH FINANCIAL, INC.’S COMMON STOCKHOLDERS: Net investment (gains) losses, net (1) Taxes on adjustments Expenses related to restructuring ADJUSTED OPERATING INCOME (LOSS) Net investment (gains) losses, gross (1) Net investment (gains) losses were adjusted for the portion of net investment gains (losses) attributable to noncontrolling interests as reconciled below: Net investment (gains) losses, net Adjustment for net investment gains (losses) attributable to noncontrolling interests 15 Adjusted Operating Income (Loss) ­ Enact Segment (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total Direct Primary New Insurance Written 14,106$ 15,199$ 12,786$ 42,091$ 14,386$ 14,048$ 13,254$ 9,818$ 51,506$ Direct Primary Insurance In-Force 275,068$ 273,953$ 272,475$ 273,147$ 272,349$ 269,754$ 268,366$ Direct Primary Risk In-Force 71,904$ 71,616$ 71,245$ 71,363$ 71,144$ 70,401$ 69,937$ Primary Delinquencies 26,085 24,330 24,670 26,085 24,885 23,382 22,118 22,349 24,885 New Delinquencies 14,401 12,299 13,559 40,259 13,679 12,998 11,567 12,237 50,481 Paid Claims 542 361 280 1,183 287 253 218 179 937 Primary Cures (1) 12,104 12,278 13,494 37,876 11,889 11,481 11,580 13,275 48,225 Loss Ratio (2) 20 % 14 % 15 % 16 % 7 % 15 % 10 % 12 % 11 % Available Assets Above PMIERs Requirements (3) 1,827$ 1,894$ 1,919$ 1,919$ 1,904$ 1,961$ 1,966$ PMIERs Sufficiency Ratio (3) 158 % 161 % 162 % 162 % 162 % 165 % 165 % Reserves: Direct primary case (4) 556$ 540$ 532$ 515$ 520$ 500$ 489$ All other (4) 61 59 58 57 52 52 54 Total Reserves 617$ 599$ 590$ 572$ 572$ 552$ 543$ 2026 2025 For additional information related to the Enact segment, refer to the current quarter Quarterly Financial Supplement posted to the Enact Holdings, Inc. investor page: (1) Includes rescissions and claim denials. https://ir.enactmi.com/financials-and-filings/quarterly-results (3) The Private Mortgage Insurer Eligibility Requirements (PMIERs) sufficiency ratio is calculated as available assets divided by required assets as defined within PMIERs. The current period PMIERs sufficiency ratio is an estimate due to the timing of the PMIERs filing. (4) Direct primary case reserves exclude loss adjustment expenses (LAE), pool, incurred but not reported (IBNR) and reinsurance reserves. Other includes LAE, pool, IBNR and reinsurance reserves. (2) The loss ratio is calculated using whole dollars and may be different than the ratio calculated using the rounded numbers included herein. 16 Selected Operating Metrics ­ Enact Segment (dollar amounts in millions)

 

Closed Block Segment

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 648$ 627$ 636$ 1,911$ 637$ 639$ 617$ 615$ 2,508$ 686 758 691 2,135 711 726 732 671 2,840 (7) 46 (27) 12 (28) 93 8 30 103 144 150 150 444 150 150 156 156 612 1,471 1,581 1,450 4,502 1,470 1,608 1,513 1,472 6,063 1,224 1,202 1,189 3,615 1,166 1,194 1,171 1,188 4,719 108 132 44 284 143 106 60 4 313 (11) (17) 10 (18) (4) (1) (10) 18 3 96 96 95 287 97 96 94 99 386 176 185 132 493 173 178 170 167 688 48 49 51 148 53 54 53 57 217 1,641 1,647 1,521 4,809 1,628 1,627 1,538 1,533 6,326 (170) (66) (71) (307) (158) (19) (25) (61) (263) (31) (10) (10) (51) (27) 2 1 (7) (31) (139) (56) (61) (256) (131) (21) (26) (54) (232) 7 (46) 27 (12) 28 (93) (8) (30) (103) (15) (23) 9 (29) (6) (3) (15) 19 (5) — 1 — 1 — — — — — 1 14 (7) 8 (5) 21 5 2 23 (146)$ (110)$ (32)$ (288)$ (114)$ (96)$ (44)$ (63)$ (317)$ (3)$ 5$ 8$ 10$ 10$ 6$ 8$ (1)$ 23$ 111 127 36 274 133 100 52 5 290 108$ 132$ 44$ 284$ 143$ 106$ 60$ 4$ 313$ 2025 Policy fees and other income BENEFITS AND EXPENSES: REVENUES: Premiums Net investment gains (losses) Net investment income 2026 Benefits and other changes in policy reserves Total revenues Changes in fair value of market risk benefits and associated hedges Liability remeasurement (gains) losses Acquisition and operating expenses, net of deferrals Interest credited Amortization of deferred acquisition costs and intangibles Provision (benefit) for income taxes Total benefits and expenses INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS: INCOME (LOSS) FROM CONTINUING OPERATIONS Net investment (gains) losses Taxes on adjustments Expenses related to restructuring Changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges (1) ADJUSTED OPERATING INCOME (LOSS) (2) See pages 19, 21 and 23 for additional product-level details. Cash flow assumption updates Total Actual variances from expected experience (1) Changes in fair value of market risk benefits and associated hedges were adjusted to exclude changes in reserves, attributed fees and benefit payments (see page 23 for reconciliation). Liability remeasurement (gains) losses: (2) 18 Adjusted Operating Income (Loss) ­ Closed Block Segment (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 605$ 583$ 579$ 1,767$ 598$ 597$ 578$ 571$ 2,344$ 471 542 477 1,490 496 505 516 451 1,968 12 45 (19) 38 (22) 104 25 29 136 — — — — 1 — — — 1 1,088 1,170 1,037 3,295 1,073 1,206 1,119 1,051 4,449 1,000 975 965 2,940 981 972 951 944 3,848 105 122 37 264 171 113 50 (18) 316 122 121 74 317 120 118 115 109 462 16 16 16 48 16 17 16 17 66 1,243 1,234 1,092 3,569 1,288 1,220 1,132 1,052 4,692 (155) (64) (55) (274) (215) (14) (13) (1) (243) (28) (9) (6) (43) (39) 4 4 6 (25) (127) (55) (49) (231) (176) (18) (17) (7) (218) (12) (45) 19 (38) 22 (104) (25) (29) (136) — 1 — 1 — — — — — 2 9 (4) 7 (5) 22 5 6 28 (137)$ (90)$ (34)$ (261)$ (159)$ (100)$ (37)$ (30)$ (326)$ (3)$ 5$ 8$ 10$ 47$ 6$ 8$ (1)$ 60$ 108 117 29 254 124 107 42 (17) 256 105$ 122$ 37$ 264$ 171$ 113$ 50$ (18)$ 316$ 0.24 % 0.27 % 0.09 % 0.60 % 0.40 % 0.27 % 0.11 % (0.04)% 0.74 % 2025 BENEFITS AND EXPENSES: Policy fees and other income REVENUES: Premiums Net investment gains (losses) Net investment income 2026 Benefits and other changes in policy reserves Liability remeasurement (gains) losses Total revenues Amortization of deferred acquisition costs and intangibles Acquisition and operating expenses, net of deferrals INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Provision (benefit) for income taxes INCOME (LOSS) FROM CONTINUING OPERATIONS Total benefits and expenses Net investment (gains) losses ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS: Taxes on adjustments ADJUSTED OPERATING INCOME (LOSS) Expenses related to restructuring Cash flow assumption updates Liability remeasurement (gains) losses: (1) (3) The ratio of the liability remeasurement (gains) losses to beginning reserves is calculated by dividing the liability remeasurement (gains) losses by the beginning liability for future policy benefits at the locked-in discount rate as of each applicable quarter. (2) In the first quarter of 2026, actual variances from expected experience included net insurance recoveries of $23 million related to cash payments made to policyholders in connection with a prior legal settlement. Total Actual variances from expected experience (2) Ratio of the liability remeasurement (gains) losses to beginning reserves (3) (1) In the fourth quarter of 2025, the liability remeasurement loss of $171 million in the company’s long-term care insurance products included an unfavorable impact from annual cash flow assumption updates of $47 million. Unfavorable benefit utilization and healthy life assumption updates were largely offset by favorable assumption updates reflecting in-force rate action approval experience and benefit reductions as well as favorable claim termination assumption updates. Also included in the liability remeasurement loss of $171 million were unfavorable actual variances from expected experience of $124 million associated with higher claims and lower terminations. 19 Adjusted Operating Income (Loss) ­ Closed Block Segment ­ Long­Term Care Insurance (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 273$ 261$ 253$ 787$ 261$ 256$ 247$ 240$ 1,004$ 73 83 34 190 50 81 95 100 326 346$ 344$ 287$ 977$ 311$ 337$ 342$ 340$ 1,330$ 2026 2025 (1) Includes all implemented in-force rate actions since 2012. (3) The first quarter of 2025 included a $3 million net favorable legal settlement impact. (2) Earned premium and reserve change estimates for statutory earnings reflect certain simplifying assumptions that may vary materially from actual historical results, including but not limited to, a uniform rate of coinsurance and premium taxes in addition to consistent policyholder behavior over time. Actual behavior may differ significantly from these assumptions, and these impacts exclude reserve updates. Statutory earnings from in-force rate actions Impact of in-force rate actions on pre-tax statutory earnings (1) Premiums, premium tax, commissions and other expenses, net (2) Reserve changes, net (2),(3) 20 Statutory Impact of In­Force Rate Actions ­ Closed Block Segment ­ Long­Term Care Insurance (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 43$ 44$ 57$ 144$ 39$ 42$ 39$ 44$ 164$ 148 146 145 439 144 148 139 144 575 (9) 2 (3) (10) (1) (3) (9) — (13) 119 124 124 367 123 123 130 129 505 301 316 323 940 305 310 299 317 1,231 193 194 189 576 151 186 183 201 721 (1) 9 9 17 (6) — 9 25 28 79 77 76 232 77 75 73 77 302 36 47 40 123 36 39 36 36 147 28 29 30 87 32 32 33 34 131 335 356 344 1,035 290 332 334 373 1,329 (34) (40) (21) (95) 15 (22) (35) (56) (98) (7) (9) (4) (20) 3 (4) (8) (12) (21) (27) (31) (17) (75) 12 (18) (27) (44) (77) 9 (2) 3 10 1 3 9 — 13 (2) — — (2) — — (2) — (2) (20)$ (33)$ (14)$ (67)$ 13$ (15)$ (20)$ (44)$ (66)$ —$ —$ —$ —$ (15)$ —$ —$ —$ (15)$ (1) 9 9 17 9 — 9 25 43 (1)$ 9$ 9$ 17$ (6)$ —$ 9$ 25$ 28$ 2025 Policy fees and other income BENEFITS AND EXPENSES: REVENUES: Premiums Net investment gains (losses) Net investment income 2026 Benefits and other changes in policy reserves Total revenues Interest credited Liability remeasurement (gains) losses Amortization of deferred acquisition costs and intangibles Acquisition and operating expenses, net of deferrals INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES INCOME (LOSS) FROM CONTINUING OPERATIONS Provision (benefit) for income taxes Total benefits and expenses Net investment (gains) losses ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS: Total (1) In the fourth quarter of 2025, the company had a favorable pre-tax impact of $15 million from cash flow assumption updates in its universal and term universal life insurance products reflecting favorable updates to interest rate assumptions given the recent rate environment. Taxes on adjustments ADJUSTED OPERATING INCOME (LOSS) Liability remeasurement (gains) losses: Actual variances from expected experience Cash flow assumption updates (1) 21 Adjusted Operating Income (Loss) ­ Closed Block Segment ­ Life Insurance (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q 4Q 3Q 2Q 1Q 42,092$ 42,188$ 41,303$ 38,550$ 39,299$ 40,066$ 40,970$ 179,248$ 187,346$ 195,609$ 204,019$ 212,145$ 221,136$ 230,338$ 80,116$ 81,636$ 83,070$ 84,373$ 85,722$ 87,101$ 88,113$ 80,637$ 82,165$ 83,605$ 84,912$ 86,276$ 87,654$ 88,684$ 25,158$ 25,447$ 25,755$ 26,063$ 26,334$ 26,622$ 26,918$ 28,205$ 28,541$ 28,892$ 29,223$ 29,582$ 29,906$ 30,257$ Term and whole life insurance Life insurance in-force, net of reinsurance Life insurance in-force, before reinsurance 2026 2025 Life insurance in-force, before reinsurance Term universal life insurance Life insurance in-force, net of reinsurance Life insurance in-force, before reinsurance Universal life insurance Life insurance in-force, net of reinsurance 22 Insurance In­Force ­ Closed Block Segment ­ Life Insurance (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 67$ 70$ 69$ 206$ 71$ 73$ 77$ 76$ 297$ (10) (1) (5) (16) (5) (8) (8) 1 (20) 25 26 26 77 26 27 26 27 106 82 95 90 267 92 92 95 104 383 31 33 35 99 34 36 37 43 150 4 1 (2) 3 (22) (7) 1 (3) (31) (11) (17) 10 (18) (4) (1) (10) 18 3 17 19 19 55 20 21 21 22 84 18 17 18 53 17 21 19 22 79 4 4 5 13 5 5 4 6 20 63 57 85 205 50 75 72 108 305 19 38 5 62 42 17 23 (4) 78 4 8 — 12 9 2 5 (1) 15 15 30 5 50 33 15 18 (3) 63 10 1 5 16 5 8 8 (1) 20 (15) (23) 9 (29) (6) (3) (15) 19 (5) 1 5 (3) 3 — (1) 2 (4) (3) 11$ 13$ 16$ 40$ 32$ 19$ 13$ 11$ 75$ —$ —$ —$ —$ (22)$ —$ —$ —$ (22)$ 4 1 (2) 3 — (7) 1 (3) (9) 4$ 1$ (2)$ 3$ (22)$ (7)$ 1$ (3)$ (31)$ (11)$ (17)$ 10$ (18)$ (4)$ (1)$ (10)$ 18$ 3$ (4) (6) (1) (11) (2) (2) (5) 1 (8) (15)$ (23)$ 9$ (29)$ (6)$ (3)$ (15)$ 19$ (5)$ 2025 BENEFITS AND EXPENSES: Benefits and other changes in policy reserves Total revenues REVENUES: Net investment income Policy fees and other income Net investment gains (losses) 2026 Liability remeasurement (gains) losses Interest credited Changes in fair value of market risk benefits and associated hedges Amortization of deferred acquisition costs and intangibles Acquisition and operating expenses, net of deferrals INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES INCOME (LOSS) FROM CONTINUING OPERATIONS Provision (benefit) for income taxes Total benefits and expenses Net investment (gains) losses ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS: Changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges (1) Taxes on adjustments ADJUSTED OPERATING INCOME (LOSS) Liability remeasurement (gains) losses: Cash flow assumption updates (2) Actual variances from expected experience Total (1) Changes in fair value of market risk benefits and associated hedges were adjusted to exclude changes in reserves, attributed fees and benefit payments as reconciled below: (2) In the fourth quarter of 2025, the company’s annuity products had a favorable pre-tax impact of $22 million primarily from favorable updates to its fixed annuity mortality assumptions. Changes in fair value of market risk benefits and associated hedges Changes in fair value of market risk benefits attributable to interest rates, equity markets and associated hedges Adjustment for changes in reserves, attributed fees and benefit payments 23 Adjusted Operating Income (Loss) ­ Closed Block Segment ­ Annuities (amounts in millions)

 

Corporate and Other

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 3$ 3$ 2$ 8$ 4$ 2$ 3$ 2$ 11$ 3 5 3 11 5 5 4 5 19 2 (7) 7 2 (8) 8 (28) — (28) 2 2 3 7 1 — — — 1 10 3 15 28 2 15 (21) 7 3 (2) (2) (2) (6) (2) (3) (1) (2) (8) 31 33 34 98 35 30 29 19 113 2 3 2 7 2 1 1 1 5 13 13 13 39 13 14 14 14 55 44 47 47 138 48 42 43 32 165 (34) (44) (32) (110) (46) (27) (64) (25) (162) (6) (8) (5) (19) (14) (40) (12) (3) (69) (28) (36) (27) (91) (32) 13 (52) (22) (93) (2) 7 (7) (2) 8 (8) 28 — 28 (2) (1) — (3) (1) — — — (1) 1 — 2 3 — — 1 (2) (1) 1 (1) 1 1 1 (26) (6) 1 (30) (30)$ (31)$ (31)$ (92)$ (24)$ (21)$ (29)$ (23)$ (97)$ 10$ 3$ 15$ 28$ 2$ 15$ (21)$ 7$ 3$ (4) (3) (4) (11) (4) (3) (4) (4) (15) 7 — 13 20 1 15 (21) 7 2 7$ 6$ 6$ 19$ 5$ 3$ 4$ 4$ 16$ 2026 2025 BENEFITS AND EXPENSES: Policy fees and other income REVENUES: Premiums Net investment gains (losses) Net investment income Benefits and other changes in policy reserves Acquisition and operating expenses, net of deferrals Total revenues (2) Interest expense Amortization of deferred acquisition costs and intangibles INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES Provision (benefit) for income taxes INCOME (LOSS) FROM CONTINUING OPERATIONS Total benefits and expenses Net investment (gains) losses ADJUSTMENTS TO INCOME (LOSS) FROM CONTINUING OPERATIONS: Expenses related to restructuring (Gains) losses on early extinguishment of debt Taxes on adjustments (3) ADJUSTED OPERATING INCOME (LOSS) Total Corporate and Other revenues (3) Taxes on adjustments include tax expense of $3 million in the fourth quarter of 2025 and a tax benefit of $27 million in the third quarter of 2025 related to a release of a portion of the valuation allowance on certain deferred tax assets. Less: intercompany eliminations CareScout Services revenues Less: other revenues (1) Includes other businesses not individually reportable, including CareScout Services, CareScout Insurance and certain international businesses, along with debt financing expenses, unallocated corporate income and expenses, and eliminations of inter- segment transactions. (2) The following table provides a reconciliation of total Corporate and Other revenues to CareScout Services revenues: 25 Adjusted Operating Income (Loss) ­ Corporate and Other(1) (amounts in millions)

 

Additional Financial Data

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Carrying Amount Carrying Amount Carrying Amount Carrying Amount Carrying Amount 23,766$ 41 % 25,551$ 42 % 25,941$ 43 % 26,493$ 44 % 26,839$ 45 % 10,822 19 11,492 19 11,181 19 11,333 19 11,305 18 1,008 2 1,069 2 1,063 2 1,099 2 1,059 2 1,249 2 1,346 2 1,344 2 1,295 2 1,346 2 2,581 4 2,483 4 2,202 4 2,060 3 2,035 3 1,800 3 1,999 3 2,086 3 2,114 3 2,145 3 1,231 2 1,324 2 1,278 2 1,368 2 1,381 2 503 1 495 1 475 1 485 1 477 1 57 — 69 — 69 — 70 — 69 — 6,429 11 6,351 11 6,293 10 6,304 10 6,315 10 2,336 4 2,385 4 2,301 4 2,297 4 2,311 4 3,594 6 3,538 6 3,528 6 3,484 6 3,473 6 2,281 4 2,065 3 2,149 3 2,073 3 2,062 3 Other invested assets: Derivatives: Interest rate swaps 5 — 8 — 8 — 11 — 17 — Foreign currency swaps 5 — 6 — 8 — 4 — 5 — Equity index options 13 — 15 — 12 — 18 — 19 — Forward bond purchase commitments — — 7 — 4 — 6 — 11 — Other 798 1 756 1 709 1 694 1 580 1 58,478$ 100 % 60,959$ 100 % 60,651$ 100 % 61,208$ 100 % 61,449$ 100 % 1,232$ 4 % 1,357$ 4 % 1,446$ 5 % 1,466$ 5 % 1,496$ 5 % 6,676 24 7,256 24 7,127 23 7,250 23 7,166 23 8,639 31 9,226 31 9,407 31 9,373 30 9,440 30 11,031 39 11,876 39 12,208 39 12,642 40 12,993 40 463 2 486 2 471 2 504 2 476 2 26 — 27 — 16 — 16 — 34 — — — — — — — — — — — — — — — 1 — — — — — 28,067$ 100 % 30,228$ 100 % 30,676$ 100 % 31,251$ 100 % 31,605$ 100 % 764$ 5 % 713$ 5 % 570$ 4 % 540$ 4 % 599$ 4 % 1,643 11 1,701 11 1,717 12 1,690 12 1,600 11 4,687 33 4,921 33 4,619 32 4,484 31 4,410 31 6,554 46 6,890 46 6,723 47 6,949 48 7,025 49 656 5 747 5 718 5 747 5 773 5 43 — 26 — 35 — 71 — 66 — 23 — 23 — 22 — 15 — 17 — 20 — 15 — 15 — 15 — 15 — 14,390$ 100 % 15,036$ 100 % 14,419$ 100 % 14,511$ 100 % 14,505$ 100 % Composition of Investment Portfolio Fixed maturity securities: Investment grade: % of Total June 30, 2026 March 31, 2026 % of Total % of Total September 30, 2026 Public fixed maturity securities Private fixed maturity securities Residential mortgage-backed securities (1) Commercial mortgage-backed securities Other asset-backed securities Public Fixed Maturity Securities - Credit Quality: NRSRO (2) Designation % of Total December 31, 2025 September 30, 2025 % of Total Commercial mortgage loans, net Policy loans Limited partnerships Cash, cash equivalents, restricted cash and short-term investments Total invested assets and cash State and political subdivisions Non-investment grade fixed maturity securities Equity securities: Common stocks and mutual funds Preferred stocks AAA AA A BBB BB B CCC and lower Not rated Total public fixed maturity securities Private Fixed Maturity Securities - Credit Quality: NRSRO (2) Designation AAA AA A BBB (1) The company does not have any material exposure to residential mortgage-backed securities collateralized debt obligations (CDOs). (2) Nationally Recognized Statistical Rating Organizations. BB B CCC and lower Not rated Total private fixed maturity securities 27 Investments Summary (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 Fair Value Fair Value Fair Value Fair Value Fair Value 3,329$ 8 % 3,624$ 8 % 3,616$ 8 % 3,701$ 8 % 3,593$ 8 % 1,800 4 1,999 4 2,086 5 2,114 5 2,145 5 1,236 3 1,333 3 1,191 3 1,215 3 1,203 3 24,710 58 26,355 58 26,509 58 27,046 58 27,391 59 6,501 16 7,018 16 7,045 16 7,191 16 7,301 16 1,008 2 1,069 2 1,064 2 1,100 2 1,059 2 1,269 3 1,361 3 1,358 3 1,309 3 1,360 3 2,604 6 2,505 6 2,226 5 2,086 5 2,058 4 42,457$ 100 % 45,264$ 100 % 45,095$ 100 % 45,762$ 100 % 46,110$ 100 % 7,912$ 27 % 8,410$ 25 % 8,513$ 25 % 8,666$ 26 % 8,675$ 25 % 4,810 15 5,100 15 5,045 15 5,107 15 5,149 15 2,966 9 3,206 10 3,209 10 3,252 10 3,292 10 4,418 14 4,798 15 4,778 14 4,839 14 4,928 15 1,179 4 1,213 3 1,239 3 1,298 3 1,375 4 2,709 9 2,849 9 2,844 9 2,894 9 2,876 8 1,378 4 1,488 4 1,505 5 1,536 4 1,653 5 2,910 9 3,029 9 3,141 9 3,250 9 3,365 9 1,341 4 1,542 5 1,547 5 1,560 5 1,508 4 576 2 642 2 652 2 667 2 688 2 30,199 97 32,277 97 32,473 97 33,069 97 33,509 97 152 1 150 1 109 1 110 — 128 — 25 — 36 — 37 — 45 — 49 — 111 — 133 — 131 — 144 — 126 — 84 — 123 — 126 — 124 — 127 — 211 1 211 1 201 1 201 1 228 1 153 1 130 — 115 — 117 — 136 1 111 — 114 — 131 — 179 1 144 — 138 — 172 1 185 1 188 1 184 1 — — — — 1 — — — — — 27 — 27 — 45 — 60 — 61 — 1,012 3 1,096 3 1,081 3 1,168 3 1,183 3 31,211$ 100 % 33,373$ 100 % 33,554$ 100 % 34,237$ 100 % 34,692$ 100 % 1,487$ 4 % 1,619$ 4 % 1,711$ 4 % 1,543$ 3 % 1,648$ 4 % 8,288 20 8,454 19 8,429 19 8,306 18 8,309 18 9,844 23 10,598 23 10,675 24 11,221 25 11,230 24 17,957 42 19,658 43 19,632 43 20,197 44 20,446 45 37,576 89 40,329 89 40,447 90 41,267 90 41,633 91 4,881 11 4,935 11 4,648 10 4,495 10 4,477 9 42,457$ 100 % 45,264$ 100 % 45,095$ 100 % 45,762$ 100 % 46,110$ 100 % Fixed Maturity Securities - Security Sector: U.S. government, agencies and government-sponsored enterprises State and political subdivisions % of Total Total fixed maturity securities Corporate Bond Holdings - Industry Sector: Investment Grade: Finance and insurance Foreign government U.S. corporate Foreign corporate Residential mortgage-backed securities Commercial mortgage-backed securities September 30, 2026 June 30, 2026 March 31, 2026 % of Total % of Total December 31, 2025 September 30, 2025 % of Total Non-Investment Grade: Finance and insurance Utilities Energy % of Total Industrial Technology and communications Transportation Other Subtotal Utilities Energy Consumer - non-cyclical Consumer - cyclical Capital goods Other asset-backed securities Consumer - non-cyclical Consumer - cyclical Capital goods Industrial Technology and communications Transportation Other Subtotal Total Fixed Maturity Securities - Contractual Maturity Dates: Mortgage and asset-backed securities Total fixed maturity securities Due in one year or less Due after one year through five years Due after five years through ten years Due after ten years Subtotal 28 Fixed Maturity Securities Summary (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total 566$ 592$ 556$ 1,714$ 561$ 566$ 570$ 559$ 2,256$ 3 3 2 8 4 3 3 3 13 76 75 76 227 75 74 72 73 294 38 36 38 112 37 39 32 36 144 33 74 38 145 56 62 69 8 195 55 63 60 178 61 64 62 61 248 18 19 19 56 21 18 19 22 80 789 862 789 2,440 815 826 827 762 3,230 (26) (26) (23) (75) (30) (27) (25) (23) (105) 763$ 836$ 766$ 2,365$ 785$ 799$ 802$ 739$ 3,125$ 4.7% 4.9% 4.6% 4.8% 4.7% 4.7% 4.7% 4.6% 4.6% 2.1% 2.2% 1.5% 1.9% 2.9% 2.3% 2.4% 2.4% 2.5% 4.8% 4.7% 4.8% 4.8% 4.8% 4.7% 4.6% 4.6% 4.6% 6.4% 6.1% 6.6% 6.4% 6.4% 6.7% 5.5% 6.2% 6.2% 3.7% 8.4% 4.3% 5.5% 6.4% 7.3% 8.4% 1.0 % 5.8% 41.1% 46.2% 34.2% 38.4% 38.3% 45.1% 42.3% 41.7% 40.9% 3.3% 3.6% 3.6% 3.5% 4.1% 3.7% 4.1% 4.5% 4.0% 5.0% 5.4% 5.0% 5.1% 5.1% 5.2% 5.2% 4.8% 5.1% (0.2)% (0.1)% (0.2)% (0.1)% (0.2)% (0.2)% (0.2)% (0.2)% (0.2)% 4.8% 5.3% 4.8% 5.0% 4.9% 5.0% 5.0% 4.6% 4.9% U.S. GAAP Net Investment Income Fixed maturity securities Equity securities 2026 2025 Policy loans Commercial mortgage loans Limited partnerships Other invested assets Gross investment income before expenses and fees Cash, cash equivalents, restricted cash and short-term investments Net investment income Expenses and fees Annualized Yields Fixed maturity securities Equity securities Policy loans Commercial mortgage loans Limited partnerships (1) Other invested assets (2) Gross investment income before expenses and fees Cash, cash equivalents, restricted cash and short-term investments Net investment income Expenses and fees (2) Investment income for other invested assets includes amortization of terminated cash flow hedges, which have no corresponding book value within the yield calculation. (1) Limited partnership investments are primarily equity-based and do not have fixed returns by period. Yields are based on net investment income as reported under U.S. GAAP and are consistent with how the company measures its investment performance for management purposes. Yields are annualized, for interim periods, and are calculated as net investment income as a percentage of average quarterly asset carrying values except for fixed maturity securities, derivatives and derivative counterparty collateral, which exclude unrealized fair value adjustments. 29 U.S. GAAP Net Investment Income Yields (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total (14)$ (3)$ (4)$ (21)$ (3)$ (4)$ (15)$ —$ (22)$ — (3) — (3) — — 1 — 1 (4) (3) (17) (24) (7) (4) (1) (2) (14) — 4 — 4 — — (3) (2) (5) (1) — — (1) (8) (2) — — (10) (1) — — (1) — — — — — (20) (5) (21) (46) (18) (10) (18) (4) (50) — — — — — — 4 1 5 (20) (5) (21) (46) (18) (10) (14) (3) (45) (1) 1 — — 5 (3) (11) (4) (13) (2) — — (2) — — (4) — (4) 6 59 (19) 46 8 30 32 (14) 56 21 (21) 3 3 (17) 66 25 38 112 (2) 1 1 — (3) (3) (20) 3 (23) (12) 3 11 2 (4) 17 (36) 6 (17) (1) (1) (1) (3) (10) 2 — 1 (7) (11) 37 (26) — (39) 99 (28) 27 59 2 — 1 3 1 — 1 1 3 (9)$ 37$ (25)$ 3$ (38)$ 99$ (27)$ 28$ 62$ 2025 Foreign corporate U.S. government, agencies and government-sponsored enterprises Realized investment gains (losses): Net realized gains (losses) on available-for-sale securities: U.S. corporate Fixed maturity securities: 2026 Foreign government Mortgage-backed securities Total net realized gains (losses) on available-for-sale securities Total net realized investment gains (losses) Net realized gains (losses) on equity securities sold Asset-backed securities Other Net investment gains (losses), gross Net investment gains (losses), net Adjustment for net investment (gains) losses attributable to noncontrolling interests Net change in allowance for credit losses on available-for-sale fixed maturity securities Write-down of available-for-sale fixed maturity securities Net unrealized gains (losses) on limited partnerships Net unrealized gains (losses) on equity securities still held Derivative instruments Commercial mortgage loans 30 Net Investment Gains (Losses) ­ Detail (amounts in millions)

 

Reconciliations of Non-GAAP Measures

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 September 30, June 30, March 31, December 31, September 30, 2026 2026 2026 2025 2025 55$ 212$ 216$ 223$ 220$ 10,046$ 10,083$ 10,093$ 10,102$ 10,114$ 0.5 % 2.1 % 2.1 % 2.2 % 2.2 % 445$ 456$ 456$ 461$ 453$ 4,933$ 5,005$ 5,022$ 5,055$ 5,060$ 9.0 % 9.1 % 9.1 % 9.1 % 9.0 % September 30, June 30, March 31, December 31, September 30, 2026 2026 2026 2025 2025 (41)$ 47$ 47$ 2$ 116$ 9,979$ 10,037$ 10,057$ 10,116$ 10,135$ (1.6)% 1.9 % 1.9 % 0.1 % 4.6 % 102$ 112$ 109$ 122$ 113$ 4,818$ 4,945$ 5,000$ 5,041$ 5,041$ 8.5 % 9.1 % 8.7 % 9.7 % 9.0 % Twelve months ended Three months ended Operating ROE (1)/(2) Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding segment equity for Closed Block and accumulated other comprehensive income (loss) (2) Operating ROE Adjusted operating income (loss), excluding Closed Block for the twelve months ended (1) Twelve Month Rolling Average ROE Quarterly average Genworth Financial, Inc.’s stockholders’ equity, excluding accumulated other comprehensive income (loss) (2) U.S. GAAP Basis ROE (1)/(2) Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the twelve months ended (1) U.S. GAAP Basis ROE Quarterly Average ROE Net income (loss) available to Genworth Financial, Inc.’s common stockholders for the period ended (3) U.S. GAAP Basis ROE Operating ROE Adjusted operating income (loss), excluding Closed Block for the period ended (3) Annualized U.S. GAAP Quarterly Basis ROE (3)/(4) Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding accumulated other comprehensive income (loss) (4) Non-GAAP Definition for Operating ROE The company references the non-GAAP financial measure entitled “operating return on equity” or “operating ROE.” The company defines operating ROE as adjusted operating income (loss), excluding Closed Block divided by average ending Genworth Financial, Inc.’s stockholders’ equity, excluding segment equity for Closed Block and accumulated other comprehensive income (loss). Management believes that analysis of operating ROE enhances understanding of the efficiency with which the company deploys its capital. However, operating ROE is not a substitute for net income (loss) available to Genworth Financial, Inc.’s common stockholders divided by average ending Genworth Financial, Inc.’s stockholders’ equity determined in accordance with U.S. GAAP. Quarterly average Genworth Financial, Inc.’s stockholders’ equity for the period, excluding segment equity for Closed Block and accumulated other comprehensive income (loss) (4) Annualized Operating Quarterly Basis ROE (3)/(4) (4) Quarterly average over two consecutive quarters. (3) Net income (loss) available to Genworth Financial, Inc.’s common stockholders and adjusted operating income (loss), excluding Closed Block from page 9 herein. (2) Quarterly average for the most recent five quarters. (1) The twelve months ended information is derived by adding the four quarters of net income (loss) available to Genworth Financial, Inc.’s common stockholders and adjusted operating income (loss), excluding Closed Block from page 9 herein. 32 Reconciliation of Operating ROE (amounts in millions)

 

GENWORTH FINANCIAL, INC. FINANCIAL SUPPLEMENT THIRD QUARTER 2026 U.S. GAAP Basis Expense Ratio 3Q 2Q 1Q Total 4Q 3Q 2Q 1Q Total (A) Acquisition and operating expenses, net of deferrals 255$ 268$ 213$ 736$ 265$ 259$ 249$ 236$ 1,009$ (B) Premiums 893$ 875$ 881$ 2,649$ 886$ 886$ 865$ 862$ 3,499$ (A) / (B) U.S. GAAP basis expense ratio 29% 31% 24% 28% 30% 29% 29% 27% 29% Adjusted Expense Ratio Acquisition and operating expenses, net of deferrals 255$ 268$ 213$ 736$ 265$ 259$ 249$ 236$ 1,009$ Less: Legal settlement (recoveries) expenses (1) — — (42) (42) — — — — — Less: (Gains) losses on early extinguishment of debt (2) (1) — (3) (1) — — — (1) (C) Adjusted acquisition and operating expenses, net of deferrals 257$ 269$ 255$ 781$ 266$ 259$ 249$ 236$ 1,010$ Premiums 893$ 875$ 881$ 2,649$ 886$ 886$ 865$ 862$ 3,499$ Add: Policy fees and other income 149 153 156 458 152 151 157 158 618 (D) Adjusted revenues 1,042$ 1,028$ 1,037$ 3,107$ 1,038$ 1,037$ 1,022$ 1,020$ 4,117$ (C) / (D) Adjusted expense ratio 25% 26% 25% 25% 26% 25% 24% 23% 25% (1) Amounts in the first quarter of 2026 represent net insurance recoveries on legal costs previously incurred in connection with legal settlements in the company’s long-term care insurance products in its Closed Block segment. The company references the non-GAAP financial measure entitled “adjusted expense ratio” as a measure of its operating performance. The company defines adjusted expense ratio as acquisition and operating expenses, net of deferrals, less certain reinsurance expenses, less legal settlement (recoveries) expenses incurred in the company’s long-term care insurance products in its Closed Block segment, less (gains) losses on early extinguishment of debt divided by the sum of premiums, policy fees and other income. Management believes that the expense ratio analysis enhances understanding of the operating performance of the company. However, the adjusted expense ratio as defined by the company should not be viewed as a substitute for the U.S. GAAP basis expense ratio. 2026 2025 Non-GAAP Definition for Adjusted Expense Ratio 33 Reconciliation of Consolidated Expense Ratio (amounts in millions)

 

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