Globe Life (GL) Operating Expenses (2009 - 2026)
Globe Life's (GL) quarterly Operating Expenses came in at $1.2 billion in Q2 2026, up 6.58% on a YoY basis from $1.2 billion in Q2 2025, and up 1.58% quarter-over-quarter from $1.2 billion in Q1 2026.
Analysis
Globe Life (GL) Operating Expenses (2009 - 2026) Analysis & Trends
Globe Life (GL) has reported Operating Expenses for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 6.58% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $4.7 billion (up 2.89% YoY), and the FY2025 full-year result was $4.6 billion, up 2.4% from the prior year.
- Operating Expenses advanced to $1.2 billion in Q2 2026 per GL's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $1.2 billion in Q2 2026 and bottomed at $1.0 billion in Q1 2022.
- Historically, Operating Expenses has averaged $1.1 billion across 5 years, with a median of $1.1 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 44.88% in 2022, then declined 3.95% in 2025.
- Over 5 years, Operating Expenses stood at $1.0 billion in 2022, then grew by 3.91% to $1.1 billion in 2023, then rose by 6.94% to $1.2 billion in 2024, then gained by 3.14% to $1.2 billion in 2025, then climbed by 4.6% to $1.2 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.2 billion, $1.2 billion, and $1.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 75.56 Bn | 76.77 Bn | - | -208.93 Mn |
| 2 | Metlife | 61.89 Bn | 34.88 Bn | 7.82 Bn | 18.12 Bn |
| 3 | Sun Life Financial | 45.01 Bn | 40.41 Bn | - | 1.71 Bn |
| 4 | Globe Life | 16.00 Bn | 15.24 Bn | 801.48 Mn | 1.24 Bn |
| 5 | Equitable Holdings | 14.74 Bn | -2.55 Bn | 1.22 Bn | 2.15 Bn |
| 6 | Brookfield Wealth Solutions | 12.45 Bn | 11.71 Mn | 1.92 Bn | -558.00 Mn |
| 7 | Corebridge Financial | 9.60 Bn | -296.03 Bn | 2.79 Bn | 3.86 Bn |
| 8 | Jackson Financial | 9.04 Bn | 3.56 Bn | - | 687.00 Mn |
| 9 | Primerica | 8.98 Bn | 8.35 Bn | 717.74 Mn | 606.85 Mn |
| 10 | Lincoln National | 8.08 Bn | -3.60 Bn | 2.62 Bn | 2.90 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.24 Bn |
| Mar 31, 2026 | 1.23 Bn |
| Dec 31, 2025 | 1.19 Bn |
| Sep 30, 2025 | 1.04 Bn |
| Jun 30, 2025 | 1.17 Bn |
| Mar 31, 2025 | 1.16 Bn |
| Dec 31, 2024 | 1.15 Bn |
| Sep 30, 2024 | 1.08 Bn |
| Jun 30, 2024 | 1.12 Bn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.07 Bn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 1.06 Bn |
| Jun 30, 2022 | 1.02 Bn |
| Mar 31, 2022 | 1.01 Bn |
| Dec 31, 2021 | 716.75 Mn |
| Sep 30, 2021 | 1.05 Bn |