)
Visual
test
Primerica
Primerica (PRI) investor relations material
Primerica Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Net income rose 6% to $206.8 million, with diluted adjusted operating EPS up 11% to $6.33 and net earnings per diluted share at $6.35, reflecting strong performance in core business segments.
Achieved record Investment and Savings Products (ISP) sales of $3.7 billion, up 28% year-over-year, and record ISP client asset values at $127 billion, up 14%.
Returned $163 million to stockholders in Q3 via $129 million in share repurchases and $34 million in dividends; $479 million returned year to date.
Return on equity remained robust at 35.9%, with adjusted ROAE at 36.2%.
The company completed the disposal of its Senior Health business in 2024, with all related results now reported as discontinued operations.
Financial highlights
Total revenues increased 8% year-over-year to $839.9 million; adjusted operating revenues rose 9% to $838.9 million.
Net income for Q3 2025 was $206.8 million, up from $164.4 million in Q3 2024; adjusted net operating income up 7% to $206.1 million.
ISP segment operating revenues increased 20% to $319 million; pre-tax income rose 18% to $94.2 million, driven by strong sales and asset growth.
Term Life segment revenues grew 3% year-over-year to $463 million; pre-tax income declined 3% to $172.7 million, impacted by remeasurement gains.
Book value per share increased 23% to $71.58; adjusted book value per share up 13% to $71.64.
Outlook and guidance
Full-year guidance maintained: ADP growth around 5%, benefits and claims ratio stable at ~58%, DAC amortization and insurance commissions ratio at ~12%, and operating margin above 22%.
ISP sales expected to grow around 20% for full-year 2025, supported by strong equity markets and demographic trends.
Management expects continued growth in both core segments, supported by a stable independent sales force and favorable market conditions.
Fourth quarter expenses projected to grow 6%-8%, with full-year growth at the lower end of original guidance due to realized expense savings.
Full-year 2026 guidance to be provided in February.
Impact of sales force recruiting decline
Term Life profit drivers despite revenue growth
ISP product mix impact on segment profitability
Q4 capital conversion plans
What changes Term Life sales trajectory?
ISP growth sustainability drivers
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights. - 6 FebKKR
Charter amendments seek to modernize governance and establish one share, one vote by 2026. - 6 FebARI
Proposed $9B real estate loan portfolio acquisition highlights disciplined, long-term strategy. - 6 FebSMCI
Q2 revenue jumped 123% to $12.7B, with FY26 guidance raised to at least $40B. - 6 FebRJF
Record revenues and assets, higher dividend, and acquisitions despite lower net income. - 6 FebFFIE
Raising capital for global EV and AI expansion, with regulatory and dilution risks highlighted.
Next Primerica earnings date
Q4 202512 Feb, 2026
Primerica
Next Primerica earnings date
Q4 202512 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Primerica Inc provides financial products and services to middle-income families in the United States and Canada. The company offers term life insurance, mutual funds, annuities, and other financial products through a network of independent representatives. The company is headquartered in Duluth, Georgia, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage