Horace Mann Educators (HMN) Operating Expenses (2010 - 2026)

Horace Mann Educators' (HMN) quarterly Operating Expenses came in at $82.0 million in Q1 2026, up 6.63% YoY from $76.9 million in Q1 2025, and down 10.19% on a QoQ basis from $91.3 million in Q4 2025.

Horace Mann Educators (HMN) Operating Expenses (2010 - 2026) Analysis & Trends

Horace Mann Educators (HMN) has 17 years of Operating Expenses data on file, last reported at $82.0 million in Q1 2026.

  • Quarterly Operating Expenses rose 6.63% year-over-year to $82.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $622.5 million (down 70.12% YoY) and the FY2025 annual result came in at $334.4 million, down 77.2% from the prior year.
  • Operating Expenses slipped to $82.0 million in Q1 2026, from $91.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.3 billion in Q4 2024 to a low of -$737.0 million in Q4 2022.
  • A 5-year average of $279.6 million and a median of $351.9 million in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses tumbled 399.84% — and 2024, when it jumped 252.32%.
  • Tracing HMN's Operating Expenses over 5 years: stood at -$737.0 million in 2022, then soared by 148.26% to $355.7 million in 2023, then jumped by 252.32% to $1.3 billion in 2024, then slumped by 92.71% to $91.3 million in 2025, then retreated by 10.19% to $82.0 million in 2026.
  • The last three Operating Expenses figures came in at $82.0 million (Q1 2026), $91.3 million (Q4 2025), and $367.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Chubb 135.01 Bn 121.24 Bn 9.13 Bn 12.19 Bn
2 Progressive 124.83 Bn 119.83 Bn 9.04 Bn 19.40 Bn
3 Travelers Companies 79.46 Bn 55.71 Bn 4.83 Bn 9.39 Bn
4 Allstate 68.25 Bn 29.52 Bn 16.28 Bn 14.45 Bn
5 Fairfax Financial Holdings 35.31 Bn 35.31 Bn - -134.80 Mn
6 Cincinnati Financial 26.75 Bn 24.86 Bn 2.39 Bn 2.70 Bn
7 Loews 23.29 Bn 995.49 Mn 2.57 Bn 4.12 Bn
8 Markel 23.23 Bn 6.35 Bn 2.83 Bn 3.63 Bn
9 Assurant 14.11 Bn 12.08 Bn 2.71 Bn 3.08 Bn
10 Horace Mann Educators 2.15 Bn -3.66 Bn 257.20 Mn 394.50 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 394.50 Mn
Mar 31, 2026 82.00 Mn
Dec 31, 2025 91.30 Mn
Sep 30, 2025 367.00 Mn
Jun 30, 2025 82.20 Mn
Mar 31, 2025 76.90 Mn
Dec 31, 2024 1.25 Bn
Sep 30, 2024 369.40 Mn
Jun 30, 2024 383.50 Mn
Mar 31, 2024 353.00 Mn
Dec 31, 2023 355.70 Mn
Sep 30, 2023 365.10 Mn
Jun 30, 2023 372.00 Mn
Mar 31, 2023 345.80 Mn
Dec 31, 2022 -737.00 Mn
Sep 30, 2022 319.20 Mn
Jun 30, 2022 351.90 Mn
Mar 31, 2022 321.70 Mn
Dec 31, 2021 245.80 Mn
Sep 30, 2021 310.60 Mn