Income Statement - MANULIFE FINANCIAL CORP (MFC)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 53.01 | -7.29 | -7.04 | 24.16 | 59.84 | 77.12 | 77.82 | 37.26 | 56.65 | 51.69 | 32.82 | 53.07 | 17.49 | 28.08 | 49.98 | 37.62 | 40.11 | 33.00 | 35.53 | 34.19 |
| Cost of revenue | 39.49 | -20.92 | -17.72 | 22.52 | 41.21 | 59.87 | 60.76 | 20.30 | 44.33 | 38.84 | 21.41 | 41.57 | 6.66 | 20.61 | 42.82 | 27.59 | 30.08 | 22.20 | 24.55 | 16.67 |
| Gross profit | 13.53 | 13.63 | 10.68 | 1.64 | 18.64 | 17.25 | 17.06 | 16.97 | 12.32 | 12.85 | 11.40 | 11.50 | 10.82 | 7.47 | 7.16 | 10.03 | 10.03 | 10.80 | 35.53 | 17.52 |
| Total operating expenses | 6.43 | 6.54 | 4.23 | 4.78 | 10.51 | 10.48 | 10.84 | 11.45 | 9.82 | 9.52 | 8.79 | 7.24 | 7.08 | 6.22 | 7.01 | 12.36 | 10.18 | 10.23 | -28.90 | 12.19 |
| Operating income | 7.09 | 7.09 | 6.45 | -3.14 | 8.13 | 6.77 | 6.22 | 5.52 | 2.50 | 3.33 | 2.62 | 4.26 | 3.75 | 1.24 | 0.15 | -2.33 | -0.15 | 0.58 | 6.64 | 5.34 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.03 | 0.00 |
| Income before tax | 7.09 | 7.09 | 6.45 | -3.14 | 8.13 | 6.77 | 6.22 | 5.52 | 2.50 | 3.33 | 2.62 | 4.26 | 3.75 | 1.24 | 0.15 | -2.33 | -0.15 | 0.58 | 5.61 | 5.34 |
| Income tax expense | 1.03 | 1.21 | 0.85 | -1.16 | 1.21 | 1.20 | 0.72 | 0.63 | 0.24 | 0.20 | 0.33 | 0.67 | 0.58 | -0.49 | -0.10 | -0.80 | -1.57 | 0.08 | 1.38 | 1.37 |
| Net income | 5.78 | 5.63 | 5.46 | -2.10 | 6.66 | 5.33 | 5.27 | 4.67 | 2.07 | 2.99 | 2.22 | 3.52 | 3.12 | 1.71 | 0.22 | -1.66 | 1.40 | 0.52 | 4.23 | 3.97 |
Show Quarterly Income Statement
Income Statement - MANULIFE FINANCIAL CORP (MFC)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12.31 | 8.60 | 17.31 | 41.13 | 9.04 | 4.22 | 14.57 | 18.48 | 35.18 | -22.08 | 19.95 | 23.17 | 30.09 | 14.86 | 20.93 | -37.01 | -16.15 | 21.10 | 15.53 | 25.28 | -2.08 | 17.38 | 12.98 | 27.09 | 19.67 | 10.63 | 22.24 | 21.81 | 23.15 | 8.03 | 7.64 | 13.25 | 8.34 | 15.75 | 11.54 | 16.20 | 13.16 | -3.94 | 14.07 | 20.23 | 21.33 | 9.94 | 6.70 | 0.74 | 15.43 | 15.66 | 10.71 | 12.88 | 13.86 | 6.31 | 6.02 | -0.79 | 5.57 | 6.11 | 7.32 | 10.99 | 3.55 | 9.70 | 23.46 | 10.77 | 7.06 | 3.42 | 13.25 | 11.77 | 9.23 | 6.97 | 13.75 | 11.39 | 8.00 | 11.65 | 5.83 | 7.56 | 7.97 | 10.27 | 9.37 | 7.30 | 8.62 | 9.78 | 8.22 | 7.98 | 8.22 |
| Cost of revenue | 2.06 | 13.46 | 37.37 | 6.76 | 0.36 | -12.28 | 15.44 | 32.40 | -27.43 | 17.32 | 20.33 | 26.92 | 9.77 | 19.22 | -35.47 | -15.59 | 15.92 | 11.40 | 19.45 | -5.56 | 9.53 | 8.19 | 23.69 | 15.36 | 2.45 | 19.15 | 17.74 | 18.40 | 0.06 | 3.47 | 9.19 | 4.41 | 11.72 | 8.08 | 12.42 | 9.37 | -10.41 | 10.54 | 17.23 | 18.05 | 3.27 | 3.82 | -1.81 | 12.80 | 9.40 | 7.77 | 10.26 | 11.41 | 2.84 | 3.46 | -2.63 | 3.36 | -4.40 | 6.29 | 9.95 | 0.75 | 6.77 | 22.72 | 7.41 | 3.26 | -1.43 | 10.91 | 12.55 | 4.25 | 3.48 | 12.00 | 6.91 | 7.69 | 12.61 | 2.70 | 3.66 | 5.00 | 0.02 | 6.05 | 3.94 | 0.36 | 0.93 | 0.82 | 5.07 | 5.02 | |
| Gross profit | 12.31 | 6.54 | 3.85 | 3.76 | 2.28 | 3.86 | 26.85 | 3.04 | 2.78 | 5.35 | 2.63 | 2.84 | 3.17 | 5.08 | 1.71 | -1.54 | -0.56 | 5.18 | 4.14 | 5.84 | 3.49 | 7.85 | 4.79 | 3.40 | 4.31 | 8.18 | 3.09 | 4.07 | 4.75 | 7.97 | 4.18 | 4.06 | 3.93 | 4.03 | 3.46 | 3.78 | 3.79 | 6.47 | 3.53 | 3.00 | 3.28 | 6.67 | 2.88 | 2.55 | 2.63 | 6.26 | 2.94 | 2.62 | 2.45 | 3.47 | 2.55 | 1.84 | 2.21 | 10.51 | 1.03 | 1.04 | 2.80 | 2.93 | 0.74 | 3.36 | 3.80 | 4.85 | 2.34 | -0.78 | 4.98 | 3.49 | 1.75 | 4.48 | 0.31 | -0.96 | 3.12 | 3.90 | 2.97 | 10.27 | 3.32 | 3.36 | 8.26 | 8.85 | 7.39 | 7.98 | 8.22 |
| Total operating expenses | 10.84 | 4.64 | 1.62 | 1.50 | 1.58 | 1.75 | 24.51 | 1.65 | 1.53 | 3.22 | 1.46 | 1.40 | 1.45 | 2.94 | 1.22 | 1.12 | 1.10 | 2.70 | 2.66 | 2.54 | 2.61 | 5.79 | 2.62 | 2.57 | 2.61 | 6.96 | 2.38 | 2.31 | 2.23 | 7.61 | 2.26 | 2.53 | 2.22 | 6.15 | 2.19 | 2.16 | 2.05 | 6.76 | 2.22 | 2.05 | 1.93 | 6.53 | 1.89 | 1.90 | 1.79 | 5.53 | 1.55 | 1.41 | 1.51 | 1.61 | 1.44 | 1.63 | 1.64 | 9.45 | 1.70 | 1.53 | 1.48 | 2.81 | 2.54 | 2.82 | 2.50 | 2.69 | 4.94 | 2.63 | 3.47 | 2.51 | 2.45 | 2.78 | 2.43 | 1.64 | 2.45 | 2.55 | 1.81 | -8.68 | 1.85 | 1.92 | 0.31 | 22.15 | 1.06 | 1.06 | 0.21 |
| Operating income | 1.47 | 1.91 | 2.23 | 2.26 | 0.70 | 2.11 | 2.34 | 1.38 | 1.25 | 2.12 | 1.17 | 1.44 | 1.72 | 2.14 | 0.48 | -2.66 | -1.66 | 2.48 | 1.48 | 3.29 | 0.87 | 2.07 | 2.17 | 0.83 | 1.70 | 1.23 | 0.72 | 1.76 | 2.52 | 0.36 | 1.91 | 1.54 | 1.71 | -2.12 | 1.27 | 1.62 | 1.74 | -0.29 | 1.31 | 0.95 | 1.35 | 0.14 | 0.99 | 0.65 | 0.84 | 0.72 | 1.39 | 1.21 | 0.94 | 1.85 | 1.12 | 0.21 | 0.57 | 1.06 | -0.68 | -0.49 | 1.32 | 0.12 | -1.80 | 0.53 | 1.30 | 2.16 | -2.60 | -3.41 | 1.51 | 0.98 | -0.70 | 1.70 | -2.13 | -2.60 | 0.68 | 1.35 | 1.15 | 1.59 | 1.47 | 1.44 | 7.95 | -13.30 | 6.33 | 6.92 | 8.00 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.02 | 0.00 | 0.00 | -6.61 | 18.63 | -5.00 | -5.65 | -6.70 |
| Income before tax | 1.47 | 1.91 | 2.23 | 2.26 | 0.70 | 2.11 | 2.34 | 1.38 | 1.25 | 2.12 | 1.17 | 1.44 | 1.72 | 2.14 | 0.48 | -2.66 | -1.66 | 2.48 | 1.48 | 3.29 | 0.87 | 2.07 | 2.17 | 0.83 | 1.70 | 1.23 | 0.72 | 1.76 | 2.52 | 0.36 | 1.91 | 1.54 | 1.71 | -2.12 | 1.27 | 1.62 | 1.74 | -0.29 | 1.31 | 0.95 | 1.35 | 0.14 | 0.99 | 0.65 | 0.84 | 0.72 | 1.39 | 1.21 | 0.94 | 1.85 | 1.12 | 0.21 | 0.57 | 1.06 | -0.68 | -0.49 | 1.32 | 0.12 | -1.80 | 0.53 | 1.30 | 2.16 | -2.60 | -3.41 | 1.51 | 0.98 | -0.70 | 1.70 | -2.13 | -2.60 | 0.68 | 1.35 | 1.15 | 5.61 | 1.47 | 1.44 | 1.34 | 5.34 | 1.33 | 1.27 | 1.30 |
| Income tax expense | 0.23 | 0.31 | 0.31 | 0.34 | 0.08 | 0.41 | 0.27 | 0.25 | 0.28 | 0.32 | -0.05 | 0.27 | 0.31 | 0.17 | 0.06 | -0.55 | -0.44 | 0.43 | 0.17 | 0.61 | 0.01 | 0.22 | 0.38 | -0.01 | 0.60 | 0.09 | 0.10 | 0.24 | 0.29 | 0.04 | 0.01 | 0.25 | 0.34 | -0.42 | 0.01 | 0.30 | 0.35 | -0.45 | 0.12 | 0.23 | 0.30 | -0.08 | 0.32 | -0.03 | 0.12 | 0.02 | 0.29 | 0.23 | 0.13 | 0.50 | 0.17 | -0.10 | 0.02 | -0.02 | -0.36 | -0.19 | 0.07 | 0.17 | -0.62 | 0.04 | 0.31 | 0.34 | -0.42 | -1.00 | 0.27 | 0.14 | -0.56 | -0.09 | -1.06 | -0.73 | 0.17 | 0.35 | 0.29 | 0.28 | 0.40 | 0.34 | 0.36 | 0.33 | 0.36 | 0.32 | 0.35 |
| Net income | 1.20 | 1.56 | 1.79 | 1.87 | 0.56 | 1.69 | 1.94 | 1.09 | 0.92 | 1.76 | 1.20 | 1.15 | 1.36 | 1.97 | 0.39 | -2.16 | -1.23 | 2.02 | 1.27 | 2.60 | 0.77 | 1.78 | 1.67 | 0.72 | 1.15 | 1.07 | 0.60 | 1.44 | 2.16 | 0.31 | 1.82 | 1.22 | 1.32 | -1.75 | 1.22 | 1.25 | 1.34 | 0.14 | 1.13 | 0.69 | 1.03 | 0.22 | 0.65 | 0.65 | 0.71 | 0.70 | 1.10 | 0.93 | 0.79 | 1.35 | 0.93 | 0.30 | 0.55 | 0.95 | -0.32 | -0.31 | 1.24 | -0.07 | -1.28 | 0.49 | 0.99 | 1.79 | -2.25 | -2.43 | 1.22 | 0.87 | -0.17 | 1.77 | -1.07 | -1.87 | 0.51 | 1.01 | 0.87 | 1.07 | 1.07 | 1.10 | 0.99 | 1.08 | 0.97 | 0.95 | 0.95 |