Primerica(PRI) - 2025 Q3 - Earnings Call Presentation

Financial Performance - GAAP revenues increased by 8% to $839.9 million in Q3 2025 compared to $774.1 million in Q3 2024 [13] - Net income rose significantly by 26% to $206.8 million in Q3 2025 from $164.4 million in Q3 2024 [13] - Diluted earnings per share (EPS) from continuing operations increased by 11% to $6.35 in Q3 2025 from $5.72 in Q3 2024 [13] - Adjusted operating revenues increased by 9% to $838.9 million in Q3 2025 compared to $770.1 million in Q3 2024 [14] - Adjusted net operating income increased by 7% to $206.1 million in Q3 2025 from $193.2 million in Q3 2024 [14] - Diluted adjusted operating EPS increased by 11% to $6.33 in Q3 2025 from $5.68 in Q3 2024 [14] Distribution and Sales - The life-licensed sales force increased by 2% year-over-year, ending the quarter at 152,200 [20, 23] - Total product sales for Investment and Savings Products (ISP) increased by 28% to $3.7 billion in Q3 2025 from $2.9 billion in Q3 2024 [30] - Client asset values for ISP increased by 14% to $126.8 billion at the end of Q3 2025 from $111.2 billion in Q3 2024 [30] - Issued life insurance policies decreased by 15% to 79,379 in Q3 2025 from 93,377 in Q3 2024 [24] - Issued face amount of life insurance decreased by 12% to $27.1 billion in Q3 2025 from $30.8 billion in Q3 2024 [24]