Brighthouse Financial (BHF) Operating Expenses (2016 - 2026)
Brighthouse Financial (BHF) posted quarterly Operating Expenses of $2.5 billion for Q1 2026, down 8.42% year-over-year from $2.7 billion in Q1 2025, and up 399.6% quarter-over-quarter from $503.0 million in Q4 2025.
Brighthouse Financial (BHF) Operating Expenses (2016 - 2026) Analysis & Trends
Brighthouse Financial (BHF) has reported Operating Expenses for 11 consecutive years, with $2.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 8.42% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $5.0 billion (up 23.31% YoY), while the FY2025 annual figure was $2.0 billion, down 54.49% from the prior year.
- Operating Expenses improved to $2.5 billion in Q1 2026 per BHF's latest filing, from $503.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.7 billion in Q1 2025 and bottomed at -$167.0 million in Q4 2022.
- Historically, Operating Expenses has averaged $934.1 million across 5 years, with a median of $507.0 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 99.41% — and 2023, when it jumped 4680.0%.
- Brighthouse Financial's Operating Expenses stood at -$167.0 million in 2022, then surged by 1641.32% to $2.6 billion in 2023, then slumped by 85.59% to $371.0 million in 2024, then soared by 35.58% to $503.0 million in 2025, then soared by 399.6% to $2.5 billion in 2026.
- Business Quant data shows BHF's Operating Expenses at $2.5 billion in Q1 2026, $503.0 million in Q4 2025, and $1.2 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.86 Bn | 50.95 Bn | - | -208.93 Mn |
| 2 | Metlife | 60.18 Bn | 32.86 Bn | 7.82 Bn | 18.12 Bn |
| 3 | Aflac | 58.60 Bn | -44.40 Bn | 2.27 Bn | 3.12 Bn |
| 4 | Prudential | 35.64 Bn | 27.32 Bn | - | -171.00 Mn |
| 5 | Unum | 13.88 Bn | 4.33 Bn | 1.38 Bn | 3.04 Bn |
| 6 | Primerica | 9.32 Bn | 8.68 Bn | 717.74 Mn | 606.85 Mn |
| 7 | Jackson Financial | 9.08 Bn | 3.09 Bn | - | 687.00 Mn |
| 8 | Lincoln National | 8.09 Bn | -3.59 Bn | 2.62 Bn | 2.90 Bn |
| 9 | Genworth Financial | 3.76 Bn | 1.78 Bn | 668.00 Mn | 1.79 Bn |
| 10 | Brighthouse Financial | 3.06 Bn | -5.00 Bn | 1.03 Bn | 487.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 487.00 Mn |
| Mar 31, 2026 | 2.51 Bn |
| Dec 31, 2025 | 503.00 Mn |
| Sep 30, 2025 | 1.23 Bn |
| Jun 30, 2025 | 778.00 Mn |
| Mar 31, 2025 | 2.74 Bn |
| Dec 31, 2024 | 371.00 Mn |
| Sep 30, 2024 | 492.00 Mn |
| Jun 30, 2024 | 468.00 Mn |
| Mar 31, 2024 | 507.00 Mn |
| Dec 31, 2023 | 2.57 Bn |
| Sep 30, 2023 | 580.00 Mn |
| Jun 30, 2023 | 500.00 Mn |
| Mar 31, 2023 | 478.00 Mn |
| Dec 31, 2022 | -167.00 Mn |
| Sep 30, 2022 | 609.00 Mn |
| Jun 30, 2022 | 1.69 Bn |
| Mar 31, 2022 | 10.00 Mn |
| Dec 31, 2021 | -2.42 Bn |
| Sep 30, 2021 | 579.00 Mn |