Investment Management & Other Related Fees was the largest of Manulife Financial Corp’s 4 reported lines in fiscal 2025, at $3.50B — 69% of $5.04B.
| Products and services [axis] | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Investment Management & Other Related Fees | $3.08B | $2.89B | -$489.00M | $3.50B |
| Transaction Processing, Administration & Service Fees | — | $2.84B | $3.21B | $302.00M |
| Transaction Processing, Administration, & Service Fees | $268.00M | — | — | — |
| Distribution Fees & Other | $89.00M | $842.00M | $918.00M | $965.00M |
| Real Estate Management Services Included In Net Investment Income | — | $303.00M | $317.00M | $276.00M |
| Real Estate Management Services | $305.00M | — | — | — |
| Total | $3.74B | $6.87B | $3.95B | $5.04B |
In fiscal 2025, which ended December 31, 2025, the 4 revenue lines Manulife Financial Corp reported in this breakdown added up to $5.04B. That was up 27.6% from $3.95B in fiscal 2024. Investment Management & Other Related Fees was the largest revenue line, at $3.50B or 69.4% of the total, followed by Distribution Fees & Other ($965.00M, 19.1%) and Transaction Processing, Administration & Service Fees ($302.00M, 6.0%). Together, the two largest revenue lines made up 88.5% of this total.
Compared with fiscal 2024, Distribution Fees & Other grew the fastest, rising 5.1% to $965.00M. Transaction Processing, Administration & Service Fees fell the most, down 90.6% to $302.00M.
Transaction Processing, Administration & Service Fees (fiscal 2023) and Real Estate Management Services Included In Net Investment Income (fiscal 2023) were first reported as separate revenue lines during this period. The table also keeps 2 revenue lines that Manulife Financial Corp no longer reports, so earlier years can still be read on their original basis; use "Show 2 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2022 to 2025, as reported in Manulife Financial Corp's annual filings.
Other Revenue was the largest of Manulife Financial Corp’s 2 reported lines in fiscal 2025, at $3.42B — 90% of $3.81B.
| Geography | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Other Revenue | $3.21B | $2.98B | $3.42B |
| Revenue From Non-Service Lines | $258.00M | $589.00M | $388.00M |
| Total | $3.47B | $3.57B | $3.81B |
In fiscal 2025, which ended December 31, 2025, the 2 regions Manulife Financial Corp reported in this breakdown added up to $3.81B. That is less than the $5.04B in its breakdown by revenue line, so these regions do not account for all of its revenue that year. Other Revenue was the largest region, at $3.42B or 89.8% of the total, followed by Revenue From Non-Service Lines ($388.00M, 10.2%).
Compared with fiscal 2024, Other Revenue grew the fastest, rising 14.7% to $3.42B. Revenue From Non-Service Lines fell the most, down 34.1% to $388.00M.
This breakdown covers every fiscal year from 2023 to 2025, as reported in Manulife Financial Corp's annual filings.
Other Subsidiaries was the largest of Manulife Financial Corp’s 6 reported lines in fiscal 2016, at $42.81B — 106% of $40.50B.
| Consolidated and separate financial statements [axis] | FY 2016 |
|---|---|
| Other Subsidiaries | $42.81B |
| Mfc (Guarantor) | $518.00M |
| Mfc | $518.00M |
| Other Subsidiaries Of Mfc On A Combined Basis | $377.00M |
| Manulife Finance (Delaware), L.P.[Member] | $44.00M |
| Consolidation Adjustments | -$3.77B |
| Total | $40.50B |
In fiscal 2016, which ended December 31, 2016, the 6 revenue lines Manulife Financial Corp reported in this breakdown added up to $40.50B. Other Subsidiaries was the largest revenue line, at $42.81B or 105.7% of the total, followed by Mfc (Guarantor) ($518.00M, 1.3%) and Mfc ($518.00M, 1.3%). Together, the two largest revenue lines made up 107.0% of this total.
Figures are shown as reported, so the total is net of Consolidation Adjustments, which was -$3.77B in fiscal 2016. This breakdown covers every fiscal year from 2016 to 2016, as reported in Manulife Financial Corp's annual filings.
Manulife Financial Corp (MFC) breaks its revenue down by revenue line and region. In fiscal 2025, its largest revenue line was Investment Management & Other Related Fees, with $3.50B or 69.4% of the total, followed by Distribution Fees & Other at $965.00M (19.1%).
Investment Management & Other Related Fees was Manulife Financial Corp's largest revenue line in fiscal 2025, with $3.50B in revenue, 69.4% of the $5.04B reported across its 4 revenue lines.
Other Revenue was Manulife Financial Corp's largest region in fiscal 2025, with $3.42B in revenue, 89.8% of the $3.81B reported across its 2 regions.
Of the Manulife Financial Corp revenue lines reported in both fiscal 2024 and fiscal 2025, and making up at least 2% of the total, Distribution Fees & Other grew the fastest, rising 5.1% from $918.00M to $965.00M.
Every figure is taken from Manulife Financial Corp's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by revenue line covers fiscal 2022 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.