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% sequentially from -$272.0 million in Q3 2025, and down 15.66% YoY from -$455.3 million in Q4 2024.
Brookfield Wealth Solutions (BNT) Operating Expenses (2020 - 2025) Analysis & Trends
Brookfield Wealth Solutions has reported Operating Expenses for 6 years, with the latest figure at -$384.0 million in Q4 2025.
- Quarterly Operating Expenses fell 15.66% year-over-year to -$384.0 million in Q4 2025, while the trailing twelve-month figure through Mar 2026 was -$979.0 million (up 34.95% YoY) and the FY2025 annual result came in at $10.7 billion, down 17.24% from the prior year.
- Operating Expenses fell to -$384.0 million in Q4 2025 per BNT's latest filing, from -$272.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.5 billion in Q3 2021 and troughed at -$1.6 billion in Q3 2022.
- A 5-year average of -$195.1 million and a median of -$225.5 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses jumped 37175.0% in 2021, then plunged 1020.0% in 2022.
- Over 5 years, Operating Expenses stood at $22.0 million in 2021, then slumped by 909.09% to -$178.0 million in 2022, then plunged by 37.08% to -$244.0 million in 2023, then sank by 36.07% to -$332.0 million in 2024, then retreated by 15.66% to -$384.0 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered -$384.0 million, -$272.0 million, and -$323.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,070.84 Bn | 743.86 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Sun Life Financial | 43.38 Bn | 32.15 Bn | - | 1.71 Bn |
| 3 | American International | 40.15 Bn | 2.33 Bn | 3.50 Bn | 5.82 Bn |
| 4 | Hartford Insurance | 37.52 Bn | 21.20 Bn | 3.18 Bn | 6.03 Bn |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn | 3.49 Bn |
| 6 | Aegon | 28.26 Bn | 28.26 Bn | - | - |
| 7 | Pelagos Insurance Capital | 2.02 Bn | 1.57 Bn | 357.40 Mn | 597.10 Mn |
| 8 | Exzeo | 1.42 Bn | 1.29 Bn | 36.84 Mn | 8.38 Mn |
| 9 | International General Insurance Holdings | 1.14 Bn | 901.84 Mn | -5.60 Mn | 23.10 Mn |
| 10 | Brookfield Wealth Solutions | 101.19 Mn | -13.12 Bn | 1.92 Bn | -558.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -1.64 Bn |
| Jun 30, 2022 | -92.00 Mn |
| Mar 31, 2022 | -17.00 Mn |
| Dec 31, 2021 | 22.00 Mn |
| Sep 30, 2021 | 1.49 Bn |
| Jun 30, 2021 | 10.00 Mn |
| Mar 31, 2021 | 3.00 Mn |