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

White Mountains Insurance's Operating Expenses history runs 18 years deep, the most recent figure standing at $543.3 million for 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 was $543.3 million for Q1 2026 at White Mountains Insurance, down from $702.8 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $702.8 million in Q4 2025 to a low of $275.2 million in Q1 2022.
• Historically, Operating Expenses has averaged $457.7 million across 5 years, with a median of $430.1 million in 2024.
• Biggest YoY gain for Operating Expenses was 70.88% in 2022; the steepest drop was 13.16% in 2022.
• A 5-year view of Operating Expenses shows it stood at $308.6 million in 2022, then surged by 32.53% to $409.0 million in 2023, then climbed by 17.04% to $478.7 million in 2024, then soared by 46.81% to $702.8 million in 2025, then fell by 22.69% to $543.3 million in 2026.
• The last three Operating Expenses figures came in at $543.3 million (Q1 2026), $702.8 million (Q4 2025), and $685.4 million (Q3 2025), per Business Quant data.