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 | 53,014.00 | -7,288.00 | -7,037.00 | 24,159.00 | 59,841.00 | 77,121.00 | 77,822.00 | 37,264.00 | 56,650.00 | 51,691.00 | 32,815.00 | 53,069.00 | 17,485.00 | 28,076.00 | 49,982.00 | 37,618.00 | 40,107.00 | 33,003.00 | 35,533.00 | 34,194.00 |
| Cost of revenue | 39,489.00 | -20,918.00 | -17,719.00 | 22,515.00 | 41,205.00 | 59,867.00 | 60,763.00 | 20,298.00 | 44,332.00 | 38,841.00 | 21,411.00 | 41,568.00 | 6,661.00 | 20,611.00 | 42,821.00 | 27,587.00 | 30,081.00 | 22,201.00 | 24,548.01 | 16,672.30 |
| Gross profit | 13,525.00 | 13,630.00 | 10,682.00 | 1,644.00 | 18,636.00 | 17,254.00 | 17,059.00 | 16,966.00 | 12,318.00 | 12,850.00 | 11,404.00 | 11,501.00 | 10,824.00 | 7,465.00 | 7,161.00 | 10,031.00 | 10,026.00 | 10,802.00 | 35,533.00 | 17,521.70 |
| Total operating expenses | 6,431.00 | 6,540.00 | 4,230.00 | 4,782.00 | 10,511.00 | 10,483.00 | 10,839.00 | 11,447.00 | 9,817.00 | 9,521.00 | 8,786.00 | 7,237.00 | 7,077.00 | 6,222.00 | 7,013.00 | 12,356.00 | 10,178.00 | 10,225.00 | -28,895.00 | 12,185.70 |
| Operating income | 7,094.00 | 7,090.00 | 6,452.00 | -3,138.00 | 8,125.00 | 6,771.00 | 6,220.00 | 5,519.00 | 2,501.00 | 3,329.00 | 2,618.00 | 4,264.00 | 3,747.00 | 1,243.00 | 148.00 | -2,325.00 | -152.00 | 577.00 | 6,638.00 | 5,336.00 |
| 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 | -1,032.00 | 0.00 |
| Income before tax | 7,094.00 | 7,090.00 | 6,452.00 | -3,138.00 | 8,125.00 | 6,771.00 | 6,220.00 | 5,519.00 | 2,501.00 | 3,329.00 | 2,618.00 | 4,264.00 | 3,747.00 | 1,243.00 | 148.00 | -2,325.00 | -152.00 | 577.00 | 5,606.00 | 5,336.00 |
| Income tax expense | 1,034.00 | 1,212.00 | 845.00 | -1,159.00 | 1,213.00 | 1,195.00 | 718.00 | 632.00 | 239.00 | 196.00 | 328.00 | 671.00 | 581.00 | -492.00 | -97.00 | -799.00 | -1,572.00 | 80.00 | 1,377.00 | 1,366.00 |
| Net income | 5,782.00 | 5,631.00 | 5,463.00 | -2,100.00 | 6,657.00 | 5,326.00 | 5,269.00 | 4,673.00 | 2,068.00 | 2,990.00 | 2,221.00 | 3,522.00 | 3,118.00 | 1,707.00 | 218.00 | -1,663.00 | 1,402.00 | 517.00 | 4,229.00 | 3,970.00 |
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 | 12,309.73 | 8,604.00 | 17,309.00 | 41,125.00 | 9,044.00 | 4,218.00 | 14,572.00 | 18,478.00 | 35,177.00 | -22,080.00 | 19,950.00 | 23,167.00 | 30,088.00 | 14,855.00 | 20,930.00 | -37,006.00 | -16,154.00 | 21,101.00 | 15,534.00 | 25,283.00 | -2,077.00 | 17,383.00 | 12,981.00 | 27,090.00 | 19,667.00 | 10,630.00 | 22,241.00 | 21,805.00 | 23,146.00 | 8,027.00 | 7,644.00 | 13,253.00 | 8,340.00 | 15,752.00 | 11,544.00 | 16,195.00 | 13,159.00 | -3,935.00 | 14,066.00 | 20,226.00 | 21,334.00 | 9,936.00 | 6,702.00 | 744.00 | 15,433.00 | 15,655.00 | 10,708.00 | 12,876.00 | 13,863.00 | 6,308.00 | 6,017.00 | -793.00 | 5,566.00 | 6,106.00 | 7,315.00 | 10,992.00 | 3,550.00 | 9,699.00 | 23,455.00 | 10,765.00 | 7,064.00 | 3,420.00 | 13,247.00 | 11,767.00 | 9,231.00 | 6,971.00 | 13,752.00 | 11,385.00 | 7,999.00 | 11,650.00 | 5,827.00 | 7,558.00 | 7,968.00 | 10,268.18 | 9,370.00 | 7,299.00 | 8,623.53 | 9,781.35 | 8,216.76 | 7,975.98 | 8,217.53 |
| Cost of revenue | 2,064.00 | 13,460.00 | 37,366.00 | 6,764.00 | 357.00 | -12,282.00 | 15,443.00 | 32,399.00 | -27,427.00 | 17,318.00 | 20,328.00 | 26,916.00 | 9,773.00 | 19,223.00 | -35,467.00 | -15,594.00 | 15,924.00 | 11,395.00 | 19,448.00 | -5,562.00 | 9,533.00 | 8,188.00 | 23,689.00 | 15,356.00 | 2,448.00 | 19,150.00 | 17,740.00 | 18,395.00 | 55.00 | 3,469.00 | 9,190.00 | 4,411.00 | 11,724.00 | 8,083.00 | 12,419.00 | 9,370.00 | -10,408.00 | 10,536.00 | 17,229.00 | 18,053.00 | 3,266.00 | 3,824.00 | -1,808.00 | 12,799.00 | 9,397.00 | 7,770.00 | 10,257.00 | 11,413.00 | 2,841.00 | 3,464.00 | -2,630.00 | 3,357.00 | -4,401.00 | 6,290.00 | 9,952.00 | 750.00 | 6,770.00 | 22,717.00 | 7,409.00 | 3,264.00 | -1,425.00 | 10,905.00 | 12,546.00 | 4,253.00 | 3,478.00 | 12,001.00 | 6,909.00 | 7,693.00 | 12,608.00 | 2,704.00 | 3,660.00 | 5,002.10 | 20.22 | 6,054.61 | 3,939.46 | 364.55 | 930.57 | 823.35 | 5,069.82 | 5,024.39 | |
| Gross profit | 12,309.73 | 6,540.00 | 3,849.00 | 3,759.00 | 2,280.00 | 3,861.00 | 26,854.00 | 3,035.00 | 2,778.00 | 5,347.00 | 2,632.00 | 2,839.00 | 3,172.00 | 5,082.00 | 1,707.00 | -1,539.00 | -560.00 | 5,177.00 | 4,139.00 | 5,835.00 | 3,485.00 | 7,850.00 | 4,793.00 | 3,401.00 | 4,311.00 | 8,182.00 | 3,091.00 | 4,065.00 | 4,751.00 | 7,972.00 | 4,175.00 | 4,063.00 | 3,929.00 | 4,028.00 | 3,461.00 | 3,776.00 | 3,789.00 | 6,473.00 | 3,530.00 | 2,997.00 | 3,281.00 | 6,670.00 | 2,878.00 | 2,552.00 | 2,634.00 | 6,258.00 | 2,938.00 | 2,619.00 | 2,450.00 | 3,467.00 | 2,553.00 | 1,837.00 | 2,209.00 | 10,507.00 | 1,025.00 | 1,040.00 | 2,800.00 | 2,929.00 | 738.00 | 3,356.00 | 3,800.00 | 4,845.00 | 2,342.00 | -779.00 | 4,978.00 | 3,493.00 | 1,751.00 | 4,476.00 | 306.00 | -958.00 | 3,123.00 | 3,898.00 | 2,965.90 | 10,268.18 | 3,315.39 | 3,359.54 | 8,258.98 | 8,850.78 | 7,393.41 | 7,975.98 | 8,217.53 |
| Total operating expenses | 10,839.94 | 4,635.00 | 1,620.00 | 1,498.00 | 1,581.00 | 1,748.00 | 24,513.00 | 1,651.00 | 1,526.00 | 3,224.00 | 1,458.00 | 1,403.00 | 1,453.00 | 2,940.00 | 1,223.00 | 1,117.00 | 1,103.00 | 2,696.00 | 2,659.00 | 2,543.00 | 2,613.00 | 5,785.00 | 2,623.00 | 2,569.00 | 2,607.00 | 6,957.00 | 2,376.00 | 2,309.00 | 2,227.00 | 7,613.00 | 2,264.00 | 2,528.00 | 2,215.00 | 6,151.00 | 2,192.00 | 2,158.00 | 2,052.00 | 6,758.00 | 2,216.00 | 2,050.00 | 1,928.00 | 6,534.00 | 1,890.00 | 1,902.00 | 1,790.00 | 5,534.00 | 1,546.00 | 1,408.00 | 1,513.00 | 1,613.00 | 1,435.00 | 1,632.00 | 1,639.00 | 9,450.00 | 1,704.00 | 1,525.00 | 1,484.00 | 2,810.00 | 2,537.00 | 2,824.00 | 2,504.00 | 2,690.00 | 4,940.00 | 2,629.00 | 3,471.00 | 2,512.00 | 2,452.00 | 2,781.00 | 2,433.00 | 1,638.00 | 2,446.00 | 2,553.00 | 1,814.90 | -8,678.17 | 1,849.39 | 1,919.54 | 306.87 | 22,146.14 | 1,060.98 | 1,057.61 | 214.65 |
| Operating income | 1,469.79 | 1,905.00 | 2,229.00 | 2,261.00 | 699.00 | 2,113.00 | 2,341.00 | 1,384.00 | 1,252.00 | 2,123.00 | 1,174.00 | 1,436.00 | 1,719.00 | 2,142.00 | 484.00 | -2,656.00 | -1,663.00 | 2,481.00 | 1,480.00 | 3,292.00 | 872.00 | 2,065.00 | 2,170.00 | 832.00 | 1,704.00 | 1,225.00 | 715.00 | 1,756.00 | 2,524.00 | 359.00 | 1,911.00 | 1,535.00 | 1,714.00 | -2,123.00 | 1,269.00 | 1,618.00 | 1,737.00 | -285.00 | 1,314.00 | 947.00 | 1,353.00 | 136.00 | 988.00 | 650.00 | 844.00 | 724.00 | 1,392.00 | 1,211.00 | 937.00 | 1,854.00 | 1,118.00 | 205.00 | 570.00 | 1,057.00 | -679.00 | -485.00 | 1,316.00 | 119.00 | -1,799.00 | 532.00 | 1,296.00 | 2,155.00 | -2,598.00 | -3,408.00 | 1,507.00 | 981.00 | -701.00 | 1,695.00 | -2,127.00 | -2,596.00 | 677.00 | 1,345.00 | 1,151.00 | 1,590.00 | 1,466.00 | 1,440.00 | 7,952.11 | -13,295.36 | 6,332.43 | 6,918.37 | 8,002.88 |
| 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 | 4,016.00 | 0.00 | 0.00 | -6,609.26 | 18,631.36 | -4,998.11 | -5,649.47 | -6,703.28 |
| Income before tax | 1,469.79 | 1,905.00 | 2,229.00 | 2,261.00 | 699.00 | 2,113.00 | 2,341.00 | 1,384.00 | 1,252.00 | 2,123.00 | 1,174.00 | 1,436.00 | 1,719.00 | 2,142.00 | 484.00 | -2,656.00 | -1,663.00 | 2,481.00 | 1,480.00 | 3,292.00 | 872.00 | 2,065.00 | 2,170.00 | 832.00 | 1,704.00 | 1,225.00 | 715.00 | 1,756.00 | 2,524.00 | 359.00 | 1,911.00 | 1,535.00 | 1,714.00 | -2,123.00 | 1,269.00 | 1,618.00 | 1,737.00 | -285.00 | 1,314.00 | 947.00 | 1,353.00 | 136.00 | 988.00 | 650.00 | 844.00 | 724.00 | 1,392.00 | 1,211.00 | 937.00 | 1,854.00 | 1,118.00 | 205.00 | 570.00 | 1,057.00 | -679.00 | -485.00 | 1,316.00 | 119.00 | -1,799.00 | 532.00 | 1,296.00 | 2,155.00 | -2,598.00 | -3,408.00 | 1,507.00 | 981.00 | -701.00 | 1,695.00 | -2,127.00 | -2,596.00 | 677.00 | 1,345.00 | 1,151.00 | 5,606.00 | 1,466.00 | 1,440.00 | 1,342.85 | 5,336.00 | 1,334.32 | 1,268.91 | 1,299.59 |
| Income tax expense | 230.59 | 310.00 | 310.00 | 338.00 | 76.00 | 406.00 | 274.00 | 252.00 | 280.00 | 322.00 | -51.00 | 265.00 | 309.00 | 166.00 | 60.00 | -553.00 | -440.00 | 430.00 | 166.00 | 610.00 | 7.00 | 224.00 | 381.00 | -7.00 | 597.00 | 89.00 | 100.00 | 240.00 | 289.00 | 43.00 | 6.00 | 246.00 | 337.00 | -424.00 | 13.00 | 304.00 | 346.00 | -450.00 | 117.00 | 231.00 | 298.00 | -76.00 | 316.00 | -28.00 | 116.00 | 17.00 | 287.00 | 234.00 | 133.00 | 497.00 | 172.00 | -103.00 | 15.00 | -22.00 | -360.00 | -186.00 | 68.00 | 174.00 | -615.00 | 37.00 | 307.00 | 341.00 | -421.00 | -1,001.00 | 274.00 | 136.00 | -563.00 | -89.00 | -1,056.00 | -727.00 | 170.00 | 347.00 | 290.00 | 283.93 | 397.00 | 341.00 | 355.32 | 332.91 | 361.47 | 322.51 | 349.98 |
| Net income | 1,196.08 | 1,562.00 | 1,789.00 | 1,874.00 | 557.00 | 1,685.00 | 1,936.00 | 1,093.00 | 917.00 | 1,762.00 | 1,200.00 | 1,145.00 | 1,356.00 | 1,969.00 | 390.00 | -2,155.00 | -1,225.00 | 2,019.00 | 1,266.00 | 2,598.00 | 774.00 | 1,784.00 | 1,672.00 | 720.00 | 1,150.00 | 1,067.00 | 602.00 | 1,438.00 | 2,162.00 | 306.00 | 1,822.00 | 1,222.00 | 1,323.00 | -1,745.00 | 1,223.00 | 1,253.00 | 1,337.00 | 142.00 | 1,130.00 | 689.00 | 1,029.00 | 219.00 | 648.00 | 649.00 | 705.00 | 700.00 | 1,096.00 | 934.00 | 792.00 | 1,345.00 | 926.00 | 299.00 | 548.00 | 954.00 | -318.00 | -312.00 | 1,240.00 | -69.00 | -1,277.00 | 490.00 | 985.00 | 1,794.00 | -2,249.00 | -2,431.00 | 1,224.00 | 868.00 | -172.00 | 1,774.00 | -1,068.00 | -1,870.00 | 510.00 | 1,008.00 | 869.00 | 1,071.02 | 1,070.00 | 1,102.00 | 987.52 | 1,083.81 | 972.85 | 946.40 | 949.61 |