Metlife (MET) Operating Expenses (2009 - 2026)
Metlife (MET) posted quarterly Operating Expenses of $3.8 billion for Q1 2026, up 13.37% year-over-year from $3.4 billion in Q1 2025, and up 110.59% quarter-over-quarter from -$35.9 billion in Q4 2025.
Metlife (MET) Operating Expenses (2009 - 2026) Analysis & Trends
Metlife's Operating Expenses history runs 18 years deep, the most recent figure standing at $3.8 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 13.37% year-over-year to $3.8 billion; the TTM figure through Mar 2026 stood at -$12.6 billion (down 146.52% YoY), while the FY2025 annual figure was $13.9 billion, down 78.8% from the prior year.
- Operating Expenses for Q1 2026 stood at $3.8 billion, up from -$35.9 billion in the prior quarter.
- The five-year high for Operating Expenses was $20.9 billion in Q3 2022, with the low at -$35.9 billion in Q4 2025.
- The 5-year median for Operating Expenses is $13.5 billion (2022), against an average of $7.7 billion.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 452075.0% in 2023, then plunged 307.5% in 2025.
- Metlife's Operating Expenses stood at $4.0 million in 2022, then surged by 452075.0% to $18.1 billion in 2023, then retreated by 4.43% to $17.3 billion in 2024, then slumped by 307.5% to -$35.9 billion in 2025, then jumped by 110.59% to $3.8 billion in 2026.
- Business Quant data shows MET's Operating Expenses at $3.8 billion in Q1 2026, -$35.9 billion in Q4 2025, and $16.2 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.86 Bn | 50.95 Bn | - | -208.93 Mn |
| 2 | Metlife | 60.18 Bn | 32.86 Bn | 7.82 Bn | 18.12 Bn |
| 3 | Aflac | 58.60 Bn | -44.40 Bn | 2.27 Bn | 3.12 Bn |
| 4 | Prudential | 35.64 Bn | 27.32 Bn | - | -171.00 Mn |
| 5 | Unum | 13.88 Bn | 4.33 Bn | 1.38 Bn | 3.04 Bn |
| 6 | Primerica | 9.32 Bn | 8.68 Bn | 717.74 Mn | 606.85 Mn |
| 7 | Jackson Financial | 9.08 Bn | 3.09 Bn | - | 687.00 Mn |
| 8 | Lincoln National | 8.09 Bn | -3.59 Bn | 2.62 Bn | 2.90 Bn |
| 9 | Genworth Financial | 3.76 Bn | 1.78 Bn | 668.00 Mn | 1.79 Bn |
| 10 | Brighthouse Financial | 3.06 Bn | -5.00 Bn | 1.03 Bn | 487.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.12 Bn |
| Mar 31, 2026 | 3.80 Bn |
| Dec 31, 2025 | -35.87 Bn |
| Sep 30, 2025 | 16.15 Bn |
| Jun 30, 2025 | 3.32 Bn |
| Mar 31, 2025 | 3.35 Bn |
| Dec 31, 2024 | 17.29 Bn |
| Sep 30, 2024 | 3.26 Bn |
| Jun 30, 2024 | 3.18 Bn |
| Mar 31, 2024 | 3.22 Bn |
| Dec 31, 2023 | 18.09 Bn |
| Sep 30, 2023 | 15.33 Bn |
| Jun 30, 2023 | 16.19 Bn |
| Mar 31, 2023 | 15.13 Bn |
| Dec 31, 2022 | 4.00 Mn |
| Sep 30, 2022 | 20.87 Bn |
| Jun 30, 2022 | 14.49 Bn |
| Mar 31, 2022 | 13.47 Bn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | 3.28 Bn |