MetLife, Inc. (MET) Revenue by Segment

MetLife revenue by segment at a glance

In Q2 fiscal 2026 (the quarter ended June 30, 2026), MetLife's largest business segment was Group Benefits, with $6.87 billion or 39% of revenue, up 1.1% from a year earlier. Next: Retirement and Income Solutions (23%), Asia (17%) and Latin America (14%).

By product or service, Fee-based investment management services brought in 26%, Prepaid legal plans and administrative-only contracts brought in 24% and Vision fee for service arrangements brought in 20% of revenue in Q2 fiscal 2026.

The fastest-growing business segment from a year earlier was Latin America (+19.6%).

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

MetLife, Inc.

METFinancial 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

United StatesAsiaGroup BenefitsMetLife HoldingsLatin AmericaRetirement and Income SolutionsEMEAReconciling itemsOther

Q2 FY26 breakdown

Fiscal quarter ended Jun 30, 2026

Item	Revenue	Share	vs year before
Group Benefits	USD 6.87B	39.0%	+1.1%
Retirement and Income Solutions	USD 3.99B	22.6%	+12.4%
Asia	USD 3.07B	17.5%	+5.9%
Latin America	USD 2.49B	14.1%	+19.6%
EMEA	USD 873.00M	5.0%	+11.9%
MetLife Investment Management	USD 319.00M	1.8%	+33.5%

Sum of items USD 17.61B. 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	Q1 FY25	Q4 FY24	Q3 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
United States	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.7B	16.5B	10.5B	9.6B	12.0B	8.5B	8.1B	8.4B	12.5B	8.7B	7.1B	8.0B	10.3B	9.2B	8.5B	7.8B	7.5B	8.7B	13.5B	7.3B	–	9.0B
Asia	3.1B	3.2B	–	1.3B	2.9B	2.9B	–	1.3B	2.8B	2.9B	–	2.8B	2.8B	2.7B	2.6B	2.6B	2.8B	3.2B	3.3B	3.4B	3.2B	3.4B	3.3B	3.4B	2.8B	3.0B	3.0B	3.0B	3.0B	3.0B	2.9B	3.0B	2.9B	3.0B	–	2.9B
Group Benefits	6.9B	6.9B	–	5.7B	6.8B	6.8B	–	5.5B	6.5B	6.6B	–	6.2B	6.3B	6.4B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MetLife Holdings	–	–	–	621.0M	–	–	–	673.0M	1.8B	1.9B	–	2.1B	2.1B	2.1B	2.2B	2.1B	2.3B	2.4B	2.7B	2.9B	2.7B	2.8B	2.7B	2.6B	2.2B	2.5B	2.7B	2.6B	2.6B	2.6B	2.7B	2.7B	2.7B	2.7B	–	2.8B
Latin America	2.5B	2.3B	–	1.3B	2.1B	1.9B	–	1.1B	1.9B	1.9B	–	1.8B	1.8B	1.8B	1.6B	1.5B	1.6B	1.4B	–	1.3B	1.2B	1.2B	1.2B	982.0M	997.0M	1.1B	1.2B	1.3B	1.4B	1.2B	1.3B	1.3B	1.3B	1.3B	–	1.2B
Retirement and Income Solutions	4.0B	4.6B	–	1.0B	3.5B	4.6B	–	1.5B	4.7B	2.9B	–	4.5B	4.8B	2.5B	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
EMEA	873.0M	864.0M	–	638.0M	780.0M	726.0M	–	562.0M	–	–	–	639.0M	629.0M	626.0M	603.0M	577.0M	616.0M	642.0M	665.0M	716.0M	806.0M	741.0M	777.0M	747.0M	723.0M	766.0M	741.0M	729.0M	742.0M	733.0M	714.0M	707.0M	746.0M	754.0M	–	711.0M
Reconciling items	–	–	–	–	–	–	–	–	–	–	–	- 2.4B	- 2.0B	- 738.0M	–	- 1.2B	- 2.5B	- 2.1B	- 1.3B	- 182.0M	2.3B	- 1.1B	- 1.2B	- 493.0M	254.0M	2.8B	- 1.0B	1.8B	1.0B	854.0M	265.0M	- 111.0M	- 31.0M	- 343.0M	–	- 605.0M
Corporate Segment and Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	167.0M	–	166.0M	111.0M	217.0M	190.0M	217.0M	138.0M	156.0M	132.0M	133.0M	34.0M	112.0M	179.0M	186.0M	142.0M	144.0M	240.0M	111.0M	125.0M	153.0M	–	104.0M
MetLife Investment Management	319.0M	319.0M	–	–	239.0M	219.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Corporate and Other1	–	–	–	–	–	–	–	–	–	–	–	237.0M	206.0M	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

MetLife revenue by business segment, last 4 quarters

Business segment	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Group Benefits	$6.9B	$6.9B	$5.7B	$6.8B	39%
Retirement and Income Solutions	$4.0B	$4.6B	$1.0B	$3.5B	23%
Asia	$3.1B	$3.2B	$1.3B	$2.9B	17%
Latin America	$2.5B	$2.3B	$1.3B	$2.1B	14%
EMEA	$873.0M	$864.0M	$638.0M	$780.0M	5%
MetLife Investment Management	$319.0M	$319.0M	–	$239.0M	2%

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

MetLife revenue by product or service, last 4 quarters

Product or service	Q2 FY26	Q1 FY26	Q3 FY25	Q2 FY25	Share
Fee-based investment management services	$186.0M	$186.0M	$123.0M	$95.0M	26%
Prepaid legal plans and administrative-only contracts	$176.0M	$176.0M	$160.0M	$158.0M	24%
Vision fee for service arrangements	$144.0M	$159.0M	$134.0M	$133.0M	20%
Other revenue from service contracts from customers	$101.0M	$98.0M	$96.0M	$111.0M	14%
Administrative Service	$82.0M	$81.0M	$72.0M	$73.0M	11%
Distribution Service	$35.0M	$34.0M	$36.0M	$34.0M	5%

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

Questions and answers

What are MetLife's business segments?

Group Benefits, Retirement and Income Solutions, Asia, Latin America, EMEA and MetLife Investment Management (as reported for Q2 fiscal 2026).

Which business segment makes the most money for MetLife?

Group Benefits: $6.87 billion, or 39% of revenue, in Q2 fiscal 2026.

What are MetLife's main products and services?

By revenue in Q2 fiscal 2026: Fee-based investment management services (26%), Prepaid legal plans and administrative-only contracts (24%), Vision fee for service arrangements (20%) and Other revenue from service contracts from customers (14%).

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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.