Aflac AFL
NYSE AFL
$114.75 -0.41 (-0.36%)
As of: Sep 9, 2026 · 3:59 PM EDT

Aflac (AFL) Operating Expenses (2009 - 2026)

Aflac's (AFL) quarterly Operating Expenses came in at $3.1 billion in Q2 2026, down 6.47% year-over-year from $3.3 billion in Q2 2025, and little changed quarter-over-quarter from $3.1 billion in Q1 2026.

Analysis

Aflac (AFL) Operating Expenses (2009 - 2026) Analysis & Trends

Aflac has disclosed Operating Expenses across 18 years of filings, most recently posting $3.1 billion for Q2 2026.

  • In Q2 2026, Operating Expenses fell 6.47% year-over-year to $3.1 billion; the TTM figure through Jun 2026 stood at $12.3 billion (down 3.41% YoY), while the FY2025 annual figure was $12.6 billion, up 0.97% from the prior year.
  • Operating Expenses came in at $3.1 billion for Q2 2026 at Aflac, roughly flat from $3.1 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.9 billion in Q1 2022 to a low of $2.7 billion in Q3 2025.
  • Average Operating Expenses over 5 years is $3.3 billion, with a median of $3.3 billion recorded in 2024.
  • Year-over-year, Operating Expenses retreated 18.16% in 2022 and gained 7.02% in 2025.
  • Over 5 years, Operating Expenses stood at $3.4 billion in 2022, then advanced by 2.29% to $3.5 billion in 2023, then dropped by 6.31% to $3.3 billion in 2024, then climbed by 0.8% to $3.3 billion in 2025, then decreased by 5.22% to $3.1 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $3.1 billion in Q2 2026, $3.1 billion in Q1 2026, and $3.3 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Berkshire Hathaway 1,090.02 Bn 765.31 Bn 55.86 Bn 86.07 Bn
2 Chubb 131.71 Bn 123.42 Bn 9.13 Bn 12.19 Bn
3 Progressive 127.28 Bn 122.28 Bn 9.04 Bn 19.40 Bn
4 Travelers Companies 77.04 Bn 53.29 Bn 6.23 Bn 9.39 Bn
5 Allstate 65.93 Bn 27.18 Bn 16.28 Bn 14.45 Bn
6 Aflac 58.87 Bn -44.13 Bn 2.27 Bn 3.12 Bn
7 American International 39.98 Bn 2.19 Bn 3.50 Bn 5.82 Bn
8 Hartford Insurance 37.48 Bn 21.16 Bn 3.18 Bn 6.03 Bn
9 Cincinnati Financial 26.26 Bn 24.37 Bn 2.39 Bn 2.70 Bn
10 Markel 22.63 Bn 6.21 Bn 2.83 Bn 3.63 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.12 Bn
Mar 31, 2026 3.12 Bn
Dec 31, 2025 3.29 Bn
Sep 30, 2025 2.75 Bn
Jun 30, 2025 3.34 Bn
Mar 31, 2025 3.25 Bn
Dec 31, 2024 3.27 Bn
Sep 30, 2024 2.86 Bn
Jun 30, 2024 3.12 Bn
Mar 31, 2024 3.27 Bn
Dec 31, 2023 3.49 Bn
Sep 30, 2023 3.15 Bn
Jun 30, 2023 3.35 Bn
Mar 31, 2023 3.46 Bn
Dec 31, 2022 3.41 Bn
Sep 30, 2022 3.38 Bn
Jun 30, 2022 3.61 Bn
Mar 31, 2022 3.88 Bn
Dec 31, 2021 3.77 Bn
Sep 30, 2021 4.12 Bn