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| 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 | 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 |