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AFL
AFLAC IncorporatedStock · FinancialsS&P 500 0.1%
$125.60+$1.26 (+1.01%)as of market close, Jul 24, 2026
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How AFLAC makes money

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How does AFLAC make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

AFLAC Incorporated · FY2025 · year ended 2025-12-31
Revenue$17.2BGross profit$17.2B · 100%Cost of revenue$0 · 0%Operating income$11.8B · 69%Operating expenses$5.3B · 31%SG&A$3.3B · 19%Other opex$2.1B · 12%Pre-tax income$4.5B · 26%Other expense$7.3B · 42%Net income$3.6B · 21%Income tax$887M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.