White Mountains Insurance (WTM) Operating Expenses (2009 - 2026)

White Mountains Insurance (WTM) has reported Operating Expenses for 18 consecutive years, with $543.3 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 7.5% year-over-year to $543.3 million; the TTM figure through Mar 2026 stood at $2.4 billion (up 21.37% YoY), while the FY2025 annual figure was $2.4 billion, up 25.13% from the prior year.
• Operating Expenses came in at $543.3 million for Q1 2026 at White Mountains Insurance, down from $702.8 million in the prior quarter.
• The five-year high for Operating Expenses was $702.8 million in Q4 2025, with the low at $275.2 million in Q1 2022.
• Average Operating Expenses over 5 years is $457.7 million, with a median of $430.1 million recorded in 2024.
• The largest YoY upside for Operating Expenses was 70.88% in 2022 against a maximum downside of 13.16% in 2022.
• Year by year, Operating Expenses stood at $308.6 million in 2022, then surged by 32.53% to $409.0 million in 2023, then rose by 17.04% to $478.7 million in 2024, then soared by 46.81% to $702.8 million in 2025, then slipped by 22.69% to $543.3 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $543.3 million, $702.8 million, and $685.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.