How Horace Mann Educators makes money

Period

FY2025

How does Horace Mann Educators 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.

Horace Mann Educators Corporation · FY2025 · year ended 2025-12-31

Revenue$1.7BGross profit$1.7B · 100%Cost of revenue$0 · 0%Operating income$1.4B · 80%Operating expenses$334M · 20%Other opex$334M · 20%Pre-tax income$201M · 12%Other expense$1.2B · 69%Net income$162M · 10%Income tax$39M · 2%

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.