Growth Metrics

Brookfield Wealth Solutions (BNT) Operating Expenses (2020 - 2025)

Brookfield Wealth Solutions (BNT) posted Operating Expenses of -$384.0 million for Q4 2025, down 41.18% on a QoQ basis from -$272.0 million in Q3 2025, and down 15.66% year-over-year from -$455.3 million in Q4 2024.

Brookfield Wealth Solutions (BNT) has 6 years of Operating Expenses data on file, last reported at -$384.0 million in Q4 2025.

  • In Q4 2025, Operating Expenses fell 15.66% year-over-year to -$384.0 million; the TTM figure through Dec 2025 stood at -$1.4 billion (changed 0.37% YoY), while the FY2025 annual figure was $10.7 billion, down 17.24% from the prior year.
  • Operating Expenses fell to -$384.0 million in Q4 2025, from -$272.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $497.1 million in Q3 2022 and bottomed at -$461.0 million in Q2 2024.
  • A 5-year average of -$161.7 million and a median of -$198.0 million in 2022 frame the typical range for Operating Expenses.
  • The widest YoY moves for Operating Expenses: up 4042.5% in 2022, down 1469.23% in 2022.
  • Year by year, Operating Expenses stood at $13.0 million in 2021, then sank by 1469.23% to -$178.0 million in 2022, then tumbled by 37.08% to -$244.0 million in 2023, then plunged by 36.07% to -$332.0 million in 2024, then decreased by 15.66% to -$384.0 million in 2025.
  • The last three Operating Expenses figures came in at -$384.0 million (Q4 2025), -$272.0 million (Q3 2025), and -$323.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 American International 39.62 Bn 784.91 Mn 2.60 Bn 5.66 Bn
2 Hartford Insurance 34.97 Bn 25.91 Bn 2.15 Bn 6.17 Bn
3 Aegon 34.55 Bn 34.55 Bn - -
4 Arch Capital 31.37 Bn 30.45 Bn 4.02 Bn 3.41 Bn
5 Fidelis Insurance Holdings 2.04 Bn 2.04 Bn 386.80 Mn 507.50 Mn
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 70.90 Mn -103.70 Mn
7 Waterdrop 762.05 Mn 690.71 Mn 129.34 Mn -189.81 Mn
8 Exzeo 1.28 Mn -230.11 Mn 32.74 Mn 7.67 Mn
9 Sun Life Financial 43.53 -7.92 Bn - -
10 Brookfield Wealth Solutions - - 4.62 Bn -384.00 Mn

Historic Data

Download Data 🔒
DateValue
Dec 31, 2025 -384.00 Mn
Sep 30, 2025 -272.00 Mn
Jun 30, 2025 -323.00 Mn
Mar 31, 2025 -382.00 Mn
Dec 31, 2024 -332.00 Mn
Sep 30, 2024 -330.00 Mn
Jun 30, 2024 -461.00 Mn
Mar 31, 2024 -233.00 Mn
Dec 31, 2023 -244.00 Mn
Sep 30, 2023 -218.00 Mn
Jun 30, 2023 -141.00 Mn
Mar 31, 2023 -176.00 Mn
Dec 31, 2022 -178.00 Mn
Sep 30, 2022 497.10 Mn
Jun 30, 2022 -75.00 Mn
Mar 31, 2022 -17.00 Mn
Dec 31, 2021 13.00 Mn
Sep 30, 2021 12.00 Mn
Jun 30, 2021 7.00 Mn
Mar 31, 2021 3.00 Mn
Dec 31, 2020 2.00 Mn
Sep 30, 2020 2.00 Mn
Jun 30, 2020 1.00 Mn