Markel (MKL) Operating Expenses (2009 - 2026)

Markel (MKL) has reported Operating Expenses for 18 consecutive years, with $3.6 billion the latest figure, recorded in Q2 2026.

• In Q2 2026, Operating Expenses rose 3.72% year-over-year to $3.6 billion; the TTM figure through Jun 2026 stood at $13.5 billion (up 3.11% YoY), while the FY2025 annual figure was $13.4 billion, up 3.77% from the prior year.
• Operating Expenses grew to $3.6 billion in Q2 2026 per MKL's latest filing, from $3.1 billion in the prior quarter.
• Across five years, Operating Expenses topped out at $3.6 billion in Q2 2026 and bottomed at $2.6 billion in Q1 2022.
• Historically, Operating Expenses has averaged $3.2 billion across 5 years, with a median of $3.2 billion in 2023.
• Annual changes were most pronounced in 2022 — Operating Expenses gained 22.82% — and 2024, when it decreased 7.55%.
• Markel's Operating Expenses stood at $3.2 billion in 2022, then increased by 11.3% to $3.5 billion in 2023, then slipped by 7.55% to $3.2 billion in 2024, then increased by 5.53% to $3.4 billion in 2025, then gained by 5.86% to $3.6 billion in 2026.
• Business Quant data shows MKL's Operating Expenses at $3.6 billion in Q2 2026, $3.1 billion in Q1 2026, and $3.4 billion in Q4 2025.