Sun Life Financial (SLF) Operating Expenses (2009 - 2026)
Sun Life Financial's (SLF) quarterly Operating Expenses came in at $1.7 billion in Q2 2026, up 6.41% year-over-year from $1.6 billion in Q2 2025, and down 12.04% quarter-over-quarter from $1.9 billion in Q1 2026.
Analysis
Sun Life Financial (SLF) Operating Expenses (2009 - 2026) Analysis & Trends
Sun Life Financial (SLF) has reported Operating Expenses for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 6.41% year-over-year to $1.7 billion in Q2 2026; TTM through Jun 2026 was $6.9 billion, a 9.44% increase from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 2.96% from the prior year.
- Operating Expenses was $1.7 billion for Q2 2026 at Sun Life Financial, down from $1.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $6.1 billion in Q3 2022 and troughed at -$788.3 million in Q4 2022.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 537.86% in 2022 and soared 326.07% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at -$788.3 million in 2022, then surged by 294.38% to $1.5 billion in 2023, then increased by 20.35% to $1.8 billion in 2024, then decreased by 8.15% to $1.7 billion in 2025, then gained by 1.07% to $1.7 billion in 2026.
- The last three Operating Expenses figures came in at $1.7 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 Bn |
| Mar 31, 2026 | 1.95 Bn |
| Dec 31, 2025 | 1.69 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.57 Bn |
| Dec 31, 2024 | 1.84 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.62 Bn |
| Dec 31, 2023 | 1.53 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | -788.27 Mn |
| Sep 30, 2022 | 6.10 Bn |
| Jun 30, 2022 | 769.44 Mn |
| Mar 31, 2022 | -615.79 Mn |
| Dec 31, 2021 | 9.30 Bn |
| Sep 30, 2021 | 5.76 Bn |