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Aflac (AFL) Operating Expenses (2016 - 2025)

Aflac's Operating Expenses history spans 17 years, with the latest figure at $8.7 billion for Q4 2025.

  • For Q4 2025, Operating Expenses fell 1.25% year-over-year to $8.7 billion; the TTM value through Dec 2025 reached $12.6 billion, up 0.97%, while the annual FY2025 figure was $12.6 billion, 0.97% up from the prior year.
  • Operating Expenses for Q4 2025 was $8.7 billion at Aflac, up from -$2.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $8.8 billion in Q4 2024 and bottomed at -$5.5 billion in Q4 2022.
  • The 5-year median for Operating Expenses is $3.4 billion (2022), against an average of $2.9 billion.
  • The largest annual shift saw Operating Expenses tumbled 245.43% in 2022 before it skyrocketed 163.68% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $3.8 billion in 2021, then crashed by 245.43% to -$5.5 billion in 2022, then soared by 163.68% to $3.5 billion in 2023, then surged by 152.15% to $8.8 billion in 2024, then decreased by 1.25% to $8.7 billion in 2025.
  • Per Business Quant, the three most recent readings for AFL's Operating Expenses are $8.7 billion (Q4 2025), -$2.6 billion (Q3 2025), and $3.3 billion (Q2 2025).