Aflac Incorporated (AFL) Revenue by Segment

Aflac revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), Aflac's largest business segment was Aflac Japan, with $2.16 billion or 55% of revenue, down 12.6% from a year earlier. Next: Aflac US (45%).

The fastest-growing business segment from a year earlier was Aflac US (+2.5%).

From company filings, in USD; latest quarter ended June 30, 2026; quarterly data from Q3 fiscal 2017.

Aflac Incorporated

AFLFinancial Services

United States

Financial Services

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Aflac JapanAflac USCorporate Segment and Other OperatingAll other segmentsOther Operating

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Aflac Japan	USD 2.16B	55.0%	-12.6%
Aflac US	USD 1.77B	45.0%	+2.5%
Corporate Segment and Other Operatingi	USD 291.00M		–

Sum of items USD 3.93B; corporate items and eliminations USD 291.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q4 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18	Q2 FY18	Q1 FY18	Q4 FY17	Q3 FY17
Aflac Japan	2.2B	2.2B	–	2.3B	2.5B	2.4B	2.4B	2.5B	655.0M	2.0B	2.1B	2.2B	2.1B	2.9B	3.2B	3.4B	–	3.7B	3.8B	3.8B	–	3.8B	3.8B	3.8B	3.8B	3.9B	3.8B	3.8B	–	3.8B	3.8B	3.9B	–	3.8B
Aflac US	1.8B	1.8B	–	1.7B	1.7B	1.7B	1.7B	1.7B	211.0M	1.4B	1.4B	1.4B	1.4B	1.6B	1.6B	1.6B	–	1.6B	1.6B	1.6B	–	1.6B	1.7B	1.7B	1.6B	1.6B	1.6B	1.6B	–	1.6B	1.6B	1.6B	–	1.6B
Corporate Segment and Other Operating	291.0M	292.0M	–	343.0M	–	–	249.0M	247.0M	–	83.0M	84.0M	90.0M	32.0M	–	–	–	–	72.0M	50.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
All other segments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	83.0M	–	87.0M	–	104.0M	106.0M	–	95.0M	–	–	–	–	–	–	–
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	95.0M	–	82.0M	85.0M	79.0M	–	69.0M

Aflac revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Aflac Japan	$2.2B	$2.2B	$2.3B	$2.5B	55%
Aflac US	$1.8B	$1.8B	$1.7B	$1.7B	45%

In USD, fiscal quarters as reported; share = part of Q2 FY26 revenue.

Questions and answers

What are Aflac's business segments?

Aflac Japan and Aflac US (as reported for Q2 fiscal 2026).

Which business segment makes the most money for Aflac?

Aflac Japan: $2.16 billion, or 55% of revenue, in Q2 fiscal 2026.

MoreAflac stock overview Aflac executive team Aflac shareholders

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.