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

Manulife Financial's (MNUFF) 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 (MNUFF) 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
DateValue
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