Growth Metrics

Humana (HUM) Operating Expenses (2016 - 2025)

Humana (HUM) has disclosed Operating Expenses for 16 consecutive years, with $51.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses changed N/A to $51.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $145.0 billion, a N/A change, with the full-year FY2025 number at $127.0 billion, up 10.21% from a year prior.
  • Operating Expenses was $51.4 billion for Q4 2025 at Humana, up from $32.2 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $51.4 billion in Q4 2025 to a low of $19.4 billion in Q2 2021.
  • A 4-year average of $26.0 billion and a median of $22.6 billion in 2022 define the central range for Operating Expenses.
  • Biggest YoY gain for Operating Expenses was 16.64% in 2022; the steepest drop was 6.3% in 2022.
  • Humana's Operating Expenses stood at $21.0 billion in 2021, then grew by 6.3% to $22.3 billion in 2022, then rose by 13.43% to $25.3 billion in 2023, then soared by 103.11% to $51.4 billion in 2025.
  • Per Business Quant, the three most recent readings for HUM's Operating Expenses are $51.4 billion (Q4 2025), $32.2 billion (Q3 2025), and $31.3 billion (Q2 2025).