Brighthouse Financial (BHFAP) Operating Expenses (2016 - 2026)

Brighthouse Financial (BHFAP) reported Operating Expenses of $2.5 billion for Q1 2026, down 8.42% year-over-year from $2.7 billion in Q1 2025, and up 63.29% quarter-over-quarter from $1.5 billion in Q4 2025.

Brighthouse Financial (BHFAP) Operating Expenses (2016 - 2026) Analysis & Trends

Brighthouse Financial (BHFAP) has 11 years of Operating Expenses data on file, last reported at $2.5 billion in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $2.5 billion, down 8.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $6.1 billion (up 11.97% YoY), and the FY2025 annual result was $6.3 billion, up 46.26% from the prior year.
  • Operating Expenses grew to $2.5 billion in Q1 2026 per BHFAP's latest filing, from $1.5 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $2.7 billion in Q1 2025 and troughed at -$167.0 million in Q4 2022.
  • A 5-year average of $1.2 billion and a median of $778.0 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 98.22% in 2022, then soared 19270.0% in 2023.
  • A 5-year view of Operating Expenses shows it stood at -$167.0 million in 2022, then jumped by 1641.32% to $2.6 billion in 2023, then sank by 85.59% to $371.0 million in 2024, then surged by 314.82% to $1.5 billion in 2025, then jumped by 63.29% to $2.5 billion in 2026.
  • Business Quant data shows BHFAP's Operating Expenses at $2.5 billion in Q1 2026, $1.5 billion in Q4 2025, and $1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Manulife Financial 568.62 Bn 568.62 Bn - -199.07 Mn
2 Aflac 59.20 Bn 53.55 Bn 1.48 Bn 3.12 Bn
3 Metlife 55.45 Bn 39.51 Bn 256.00 Mn 17.57 Bn
4 Unum 14.44 Bn 4.48 Bn 1.40 Bn 3.05 Bn
5 Globe Life 12.48 Bn 11.80 Bn 1.45 Bn 1.23 Bn
6 Primerica 8.62 Bn 8.62 Bn 770.81 Mn 2.04 Mn
7 Jackson Financial 7.51 Bn 1.67 Bn - 735.00 Mn
8 Lincoln National 6.79 Bn -8.89 Bn 3.25 Bn 5.55 Bn
9 CNO Financial 4.58 Bn 4.24 Bn 754.30 Mn 981.20 Mn
10 Brighthouse Financial - - 890.00 Mn 2.51 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.51 Bn
Dec 31, 2025 1.54 Bn
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 1.83 Bn
Jun 30, 2024 468.00 Mn
Mar 31, 2024 688.00 Mn
Dec 31, 2023 2.57 Bn
Sep 30, 2023 473.00 Mn
Jun 30, 2023 502.00 Mn
Mar 31, 2023 1.94 Bn
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 2.02 Bn
Jun 30, 2021 1.66 Bn