Manulife Financial (MNUFF) Operating Expenses (2009 - 2026)
Manulife Financial's (MNUFF) 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 (MNUFF) 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 | Metlife | 61.17 Bn | 33.85 Bn | 7.82 Bn | 18.12 Bn |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | -208.93 Mn |
| 3 | Equitable Holdings | 14.46 Bn | -4.47 Bn | 1.22 Bn | 2.15 Bn |
| 4 | Jackson Financial | 9.65 Bn | 3.66 Bn | - | 687.00 Mn |
| 5 | Corebridge Financial | 9.45 Bn | -296.18 Bn | 2.79 Bn | 3.86 Bn |
| 6 | Primerica | 8.99 Bn | 8.36 Bn | 717.74 Mn | 606.85 Mn |
| 7 | Brookfield Wealth Solutions | 8.68 Bn | -4.10 Bn | 1.92 Bn | -558.00 Mn |
| 8 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | 1.71 Bn |
| 9 | Lincoln National | 8.40 Bn | -3.28 Bn | 2.62 Bn | 2.90 Bn |
| 10 | Prudential Financial | 5.25 Bn | -26.67 Bn | 7.91 Bn | 14.48 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |