Horace Mann Educators Corporation (HMN) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.7B	1.6B	1.6B	1.4B	1.3B
Cost of Revenue	883.9M	1.1B	1.1B	1.1B	1.0B
Gross Profit	825.2M	572.0M	478.4M	356.8M	332.5M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	608.8M	370.8M	349.8M	303.5M	316.0M
Total Operating Expenses	608.8M	370.8M	349.8M	303.5M	316.0M
Cost and Expenses	1.5B	1.4B	1.4B	1.4B	1.3B
Operating Income (EBIT)	216.4M	201.2M	128.6M	53.3M	16.5M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	38.0M	36.4M	34.6M	29.7M	19.4M
Net Interest Income	(38.0M)	(36.4M)	(34.6M)	(29.7M)	(19.4M)
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	(38.0M)	(36.4M)	(34.6M)	(29.7M)	(19.4M)
EBT (Pre-Tax Income)	216.4M	201.2M	128.6M	53.3M	16.5M
Income Tax Expense	39.1M	39.1M	25.8M	8.3M	(3.3M)
Bottom Line
Net Income	177.3M	162.1M	102.8M	45.0M	19.8M
Earnings from Cont. Ops	177.3M	162.1M	102.8M	45.0M	19.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	177.3M	162.1M	102.8M	45.0M	19.8M
Per Share
Basic EPS	$4.31	$3.93	$2.49	$1.09	$0.48
Diluted EPS	$4.28	$3.90	$2.48	$1.09	$0.47
Revenue Per Share	$41.79	$39.09	$37.54	$34.69	$32.24
Shares
Basic Shares Outstanding	40.9M	41.6M	41.3M	41.3M	41.6M
Diluted Shares Outstanding	41.2M	41.6M	41.5M	41.4M	41.8M
Profitability Metrics
EBITDA	281.3M	264.7M	189.6M	109.2M	63.5M
D&A	26.9M	27.1M	26.4M	26.2M	27.6M
EBIT	254.4M	237.6M	163.2M	83.0M	35.9M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026