Horace Mann Educators Corporation filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 6, 2026, reporting third-quarter net income of $58.5 million and comprehensive loss of $68.2 million driven by unrealized investment losses.

Key Highlights

  • Net income: $58.5 million for the three months ended September 30, 2026, compared with $58.3 million in the same period of 2025.
  • Diluted EPS: $1.41 per share for Q3 2026, up from $1.40 in Q3 2025; nine-month diluted EPS was $3.43 versus $3.03 a year earlier.
  • Total revenues: $439.2 million for Q3 2026, compared with $438.5 million in Q3 2025; nine-month revenues were $1,312.0 million versus $1,266.6 million.
  • Comprehensive loss: $(68.2) million for Q3 2026, driven by a $212.9 million after-tax change in net unrealized investment losses on fixed maturity securities.
  • Total assets: $15,400.5 million as of September 30, 2026, up from $15,266.6 million at December 31, 2025.
  • Total shareholders' equity: $1,421.2 million at September 30, 2026, down from $1,482.7 million at December 31, 2025.
  • Dividends declared: $0.36 per share in Q3 2026, compared with $0.35 per share in Q3 2025.

Horace Mann Q3 2026 Financial Results: Income, Investments, and Equity

According to the filing, Horace Mann Educators Corporation (NYSE:HMN) reported net income of $58.5 million for the three months ended September 30, 2026, essentially flat with the $58.3 million reported in the third quarter of 2025. For the nine months ended September 30, 2026, net income totaled $141.3 million, compared with $125.9 million in the prior-year period. Income before income taxes was $72.6 million in Q3 2026 versus $71.5 million in Q3 2025, with income tax expense of $14.1 million and $13.2 million, respectively.

The company disclosed that total revenues for Q3 2026 were $439.2 million, with net premiums and contract charges earned of $318.0 million, net investment income of $139.7 million, and net investment losses of $(26.2) million. Total benefits, losses, and expenses were $366.6 million for the quarter. For the nine-month period, total revenues reached $1,312.0 million against total benefits, losses, and expenses of $1,140.2 million. The filing noted reserve remeasurement losses of $8.8 million included within benefits, claims, and settlement expenses for Q3 2026.

As of September 30, 2026, the registrant reported total assets of $15,400.5 million, including total investments of $7,018.1 million and Separate Account variable annuity assets of $4,505.6 million. Shareholders' equity declined to $1,421.2 million from $1,482.7 million at December 31, 2025, reflecting accumulated other comprehensive loss of $(301.1) million, which included net unrealized investment losses on fixed maturity securities of $(494.8) million. The filing reported 40,518,742 common shares outstanding as of October 30, 2026, with treasury stock totaling 27,109,244 shares at cost of $(572.5) million.

What Was Disclosed

Horace Mann Educators Corporation filed its Q3 2026 Form 10-Q covering the period ended September 30, 2026, disclosing net income of $58.5 million, diluted EPS of $1.41, total assets of $15,400.5 million, and a comprehensive loss driven by unrealized fixed maturity securities losses of $(212.9) million after tax.