Jackson Financial (JXN) Operating Expenses (2020 - 2026)
Jackson Financial's (JXN) quarterly Operating Expenses came in at $3.3 billion in Q1 2026, up 387.74% year-on-year from $677.0 million in Q1 2025, and down 30.12% quarter-over-quarter from $4.7 billion in Q4 2025.
Jackson Financial (JXN) Operating Expenses (2020 - 2026) Analysis & Trends
Jackson Financial's Operating Expenses history runs 7 years deep, the most recent figure standing at $3.3 billion for Q1 2026.
- On a quarterly basis, Operating Expenses rose 387.74% year-over-year to $3.3 billion in Q1 2026; TTM through Mar 2026 was $9.4 billion, a 234.47% increase from a year earlier, with the FY2025 full-year figure at $6.8 billion, up 140.6% from the prior year.
- Operating Expenses slipped to $3.3 billion in Q1 2026 per JXN's latest filing, from $4.7 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $4.7 billion in Q4 2025 and bottomed at -$392.0 million in Q1 2022.
- The 5-year median for Operating Expenses is $681.0 million (2025), against an average of $1.1 billion.
- Across the five-year window, Operating Expenses tumbled 119.41% in 2022 and jumped 556.25% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $572.0 million in 2022, then grew by 20.1% to $687.0 million in 2023, then gained by 4.8% to $720.0 million in 2024, then soared by 556.25% to $4.7 billion in 2025, then slumped by 30.12% to $3.3 billion in 2026.
- Per Business Quant, the three latest JXN Operating Expenses figures stand at $3.3 billion (Q1 2026), $4.7 billion (Q4 2025), and $714.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Prudential | 75.05 Bn | 67.97 Bn | - | -171.00 Mn |
| 2 | Aflac | 63.80 Bn | 58.14 Bn | 2.51 Bn | 3.12 Bn |
| 3 | Metlife | 60.34 Bn | 44.39 Bn | 256.00 Mn | 3.80 Bn |
| 4 | Manulife Financial | 52.65 Bn | 53.78 Bn | - | -199.07 Mn |
| 5 | Unum | 14.19 Bn | 4.23 Bn | 1.40 Bn | 3.05 Bn |
| 6 | Primerica | 9.76 Bn | 9.08 Bn | 770.81 Mn | 623.28 Mn |
| 7 | Jackson Financial | 8.17 Bn | 3.03 Bn | - | 3.30 Bn |
| 8 | Lincoln National | 7.81 Bn | -1.09 Bn | 3.25 Bn | 5.55 Bn |
| 9 | F&G Annuities & Life | 3.87 Bn | 1.67 Bn | 1.15 Bn | - |
| 10 | Genworth Financial | 3.84 Bn | 2.75 Bn | 553.00 Mn | 1.67 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.30 Bn |
| Dec 31, 2025 | 4.73 Bn |
| Sep 30, 2025 | 714.00 Mn |
| Jun 30, 2025 | 681.00 Mn |
| Mar 31, 2025 | 677.00 Mn |
| Dec 31, 2024 | 720.00 Mn |
| Sep 30, 2024 | 742.00 Mn |
| Jun 30, 2024 | 678.00 Mn |
| Mar 31, 2024 | 685.00 Mn |
| Dec 31, 2023 | 687.00 Mn |
| Sep 30, 2023 | 626.00 Mn |
| Jun 30, 2023 | 620.00 Mn |
| Mar 31, 2023 | 616.00 Mn |
| Dec 31, 2022 | 572.00 Mn |
| Sep 30, 2022 | 437.00 Mn |
| Jun 30, 2022 | 2.56 Bn |
| Mar 31, 2022 | -392.00 Mn |
| Dec 31, 2021 | 977.00 Mn |
| Sep 30, 2021 | 1.32 Bn |
| Jun 30, 2021 | 879.00 Mn |