Manulife Financial MFC
NYSE MFC
$44.37 +0.29 (+0.66%)
At close: Sep 18, 2026 · 4:00 PM EDT

Manulife Financial (MFC) Operating Expenses (2009 - 2026)

Manulife Financial's (MFC) quarterly Operating Expenses came in at -$208.9 million in Q2 2026, up 9.82% year-over-year from -$190.2 million in Q2 2025, and down 4.95% quarter-over-quarter from -$199.1 million in Q1 2026.

Analysis

Manulife Financial (MFC) Operating Expenses (2009 - 2026) Analysis & Trends

Manulife Financial has disclosed Operating Expenses across 18 years of filings, most recently posting -$208.9 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 9.82% year-over-year to -$208.9 million; the TTM figure through Jun 2026 stood at -$930.5 million (up 4.3% YoY), while the FY2025 annual figure was -$960.5 million, changed 0.46% from the prior year.
  • Operating Expenses came in at -$208.9 million for Q2 2026 at Manulife Financial, down from -$199.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $351.4 million in Q2 2022 to a low of -$1.9 billion in Q4 2022.
  • Average Operating Expenses over 5 years is -$230.8 million, with a median of -$221.6 million recorded in 2024.
  • Year-over-year, Operating Expenses slumped 562.12% in 2022 and jumped 84.8% in 2023.
  • Over 5 years, Operating Expenses stood at -$1.9 billion in 2022, then jumped by 84.8% to -$284.3 million in 2023, then retreated by 9.29% to -$310.7 million in 2024, then declined by 5.25% to -$327.0 million in 2025, then surged by 36.11% to -$208.9 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$208.9 million in Q2 2026, -$199.1 million in Q1 2026, and -$327.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Manulife Financial 75.56 Bn 76.77 Bn - -208.93 Mn
2 Metlife 61.89 Bn 34.88 Bn 7.82 Bn 18.12 Bn
3 Sun Life Financial 45.01 Bn 40.41 Bn - 1.71 Bn
4 Globe Life 16.00 Bn 15.24 Bn 801.48 Mn 1.24 Bn
5 Equitable Holdings 14.74 Bn -2.55 Bn 1.22 Bn 2.15 Bn
6 Brookfield Wealth Solutions 12.45 Bn 11.71 Mn 1.92 Bn -558.00 Mn
7 Corebridge Financial 9.60 Bn -296.03 Bn 2.79 Bn 3.86 Bn
8 Jackson Financial 9.04 Bn 3.56 Bn - 687.00 Mn
9 Primerica 8.98 Bn 8.35 Bn 717.74 Mn 606.85 Mn
10 Lincoln National 8.08 Bn -3.60 Bn 2.62 Bn 2.90 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -208.93 Mn
Mar 31, 2026 -199.07 Mn
Dec 31, 2025 -326.99 Mn
Sep 30, 2025 -195.46 Mn
Jun 30, 2025 -231.67 Mn
Mar 31, 2025 -206.29 Mn
Dec 31, 2024 -310.68 Mn
Sep 30, 2024 -223.58 Mn
Jun 30, 2024 -228.85 Mn
Mar 31, 2024 -219.67 Mn
Dec 31, 2023 -284.27 Mn
Sep 30, 2023 -248.39 Mn
Jun 30, 2023 -198.02 Mn
Mar 31, 2023 -230.05 Mn
Dec 31, 2022 -1.87 Bn
Sep 30, 2022 328.17 Mn
Jun 30, 2022 351.38 Mn
Mar 31, 2022 348.16 Mn
Dec 31, 2021 404.60 Mn
Sep 30, 2021 356.69 Mn