Sun Life Financial (SLF) Operating Expenses (2009 - 2026)
Sun Life Financial (SLF) posted quarterly Operating Expenses of $1.9 billion for Q1 2026, up 24.01% year-over-year from $1.6 billion in Q1 2025, and down 91.08% quarter-over-quarter from $21.8 billion in Q4 2025.
Sun Life Financial (SLF) Operating Expenses (2009 - 2026) Analysis & Trends
Sun Life Financial (SLF) has reported Operating Expenses for 18 consecutive years, with $1.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 24.01% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $27.0 billion (up 9.55% YoY), while the FY2025 annual figure was $26.6 billion, up 8.37% from the prior year.
- Operating Expenses retreated to $1.9 billion in Q1 2026 per SLF's latest filing, from $21.8 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $22.7 billion in Q4 2023 and bottomed at -$4.4 billion in Q4 2022.
- Historically, Operating Expenses has averaged $4.8 billion across 5 years, with a median of $1.6 billion in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 537.86% — and 2023, when it jumped 612.44%.
- Sun Life Financial's Operating Expenses stood at -$4.4 billion in 2022, then surged by 612.44% to $22.7 billion in 2023, then decreased by 11.46% to $20.1 billion in 2024, then advanced by 8.49% to $21.8 billion in 2025, then plunged by 91.08% to $1.9 billion in 2026.
- Business Quant data shows SLF's Operating Expenses at $1.9 billion in Q1 2026, $21.8 billion in Q4 2025, and $1.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,070.84 Bn | 743.86 Bn | 55.86 Bn | 86.07 Bn |
| 2 | Sun Life Financial | 43.38 Bn | 32.15 Bn | - | 1.71 Bn |
| 3 | American International | 40.15 Bn | 2.33 Bn | 3.50 Bn | 5.82 Bn |
| 4 | Hartford Insurance | 37.52 Bn | 21.20 Bn | 3.18 Bn | 6.03 Bn |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn | 3.49 Bn |
| 6 | Aegon | 28.26 Bn | 28.26 Bn | - | - |
| 7 | Pelagos Insurance Capital | 2.02 Bn | 1.57 Bn | 357.40 Mn | 597.10 Mn |
| 8 | Exzeo | 1.42 Bn | 1.29 Bn | 36.84 Mn | 8.38 Mn |
| 9 | International General Insurance Holdings | 1.14 Bn | 901.84 Mn | -5.60 Mn | 23.10 Mn |
| 10 | Waterdrop | 359.74 Mn | 230.42 Mn | 109.06 Mn | -168.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.95 Bn |
| Dec 31, 2025 | 21.83 Bn |
| Sep 30, 2025 | 1.59 Bn |
| Jun 30, 2025 | 1.61 Bn |
| Mar 31, 2025 | 1.57 Bn |
| Dec 31, 2024 | 20.12 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.61 Bn |
| Mar 31, 2024 | 1.62 Bn |
| Dec 31, 2023 | 22.72 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | -4.43 Bn |
| 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 |
| Jun 30, 2021 | 9.31 Bn |