Manulife Financial (MNQFF) Operating Expenses (2009 - 2026)
Manulife Financial's (MNQFF) quarterly Operating Expenses came in at -$199.1 million in Q1 2026, up 3.5% year-on-year from -$192.3 million in Q1 2025, and down 103.28% quarter-over-quarter from $6.1 billion in Q4 2025.
Manulife Financial (MNQFF) Operating Expenses (2009 - 2026) Analysis & Trends
Manulife Financial has disclosed Operating Expenses across 18 years of filings, most recently posting -$199.1 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at -$199.1 million, up 3.5% year-over-year; the trailing twelve-month figure through Mar 2026 was $5.4 billion (up 1.78% YoY), and the FY2025 annual result was $3.5 billion, up 2.31% from the prior year.
- Operating Expenses came in at -$199.1 million for Q1 2026 at Manulife Financial, down from $6.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.1 billion in Q4 2025 to a low of -$284.3 million in Q4 2023.
- The 5-year median for Operating Expenses is -$199.1 million (2026), against an average of $649.4 million.
- Across the five-year window, Operating Expenses tumbled 175.69% in 2023 and surged 2212.81% in 2024, its largest moves.
- Manulife Financial's Operating Expenses stood at $402.2 million in 2022, then plunged by 170.67% to -$284.3 million in 2023, then soared by 2212.81% to $6.0 billion in 2024, then rose by 1.04% to $6.1 billion in 2025, then tumbled by 103.28% to -$199.1 million in 2026.
- The last three Operating Expenses figures came in at -$199.1 million (Q1 2026), $6.1 billion (Q4 2025), and -$195.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | -199.07 Mn |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 3.12 Bn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 17.57 Bn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 3.05 Bn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 1.23 Bn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 2.04 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 735.00 Mn |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 5.55 Bn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 981.20 Mn |
| 10 | Manulife Financial | - | - | - | -199.07 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -199.07 Mn |
| Dec 31, 2025 | 6.07 Bn |
| Sep 30, 2025 | -195.46 Mn |
| Jun 30, 2025 | -231.67 Mn |
| Mar 31, 2025 | -206.29 Mn |
| Dec 31, 2024 | 6.01 Bn |
| 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 | 402.24 Mn |
| 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 |
| Jun 30, 2021 | 440.12 Mn |