ManpowerGroup (MAN) Operating Expenses (2009 - 2025)

ManpowerGroup's Operating Expenses history runs 17 years deep, the most recent figure standing at $2.7 billion for Q4 2025.

• In Q4 2025, Operating Expenses rose 1.62% year-over-year to $2.7 billion; the TTM figure through Mar 2026 stood at $4.2 billion (up 3.69% YoY), while the FY2025 annual figure was $2.8 billion, up 2.4% from the prior year.
• Operating Expenses was $2.7 billion for Q4 2025 at ManpowerGroup, up from $702.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $2.9 billion in Q4 2022 to a low of $30.2 million in Q3 2024.
• Historically, Operating Expenses has averaged $864.7 million across 5 years, with a median of $728.8 million in 2022.
• The sharpest annual moves came in 2021 and 2024: Operating Expenses surged 2494.74% in 2021, then sank 95.98% in 2024.
• A 5-year view of Operating Expenses shows it stood at $759.7 million in 2021, then soared by 278.56% to $2.9 billion in 2022, then plunged by 70.44% to $850.2 million in 2023, then surged by 213.71% to $2.7 billion in 2024, then advanced by 1.62% to $2.7 billion in 2025.
• The last three Operating Expenses figures came in at $2.7 billion (Q4 2025), $702.3 million (Q3 2025), and $789.0 million (Q2 2025), per Business Quant data.