First Horizon annual operating expenses
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First Horizon Operating Expenses Growth & History (FHN)
First Horizon's operating expenses was $2.07B for fiscal 2025.
View full First Horizon company overviewFirst Horizon annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.07B | $39.0M | +1.92% |
| 2024 | 2024-12-31 | $2.04B | −$44.0M | −2.12% |
| 2023 | 2023-12-31 | $2.08B | $126.0M | +6.45% |
| 2022 | 2022-12-31 | $1.95B | −$143.0M | −6.82% |
| 2021 | 2021-12-31 | $2.10B | $378.0M | +22.00% |
| 2020 | 2020-12-31 | $1.72B | $485.0M | +39.33% |
| 2019 | 2019-12-31 | $1.23B | $12.0M | +0.98% |
| 2018 | 2018-12-31 | $1.22B | $197.3M | +19.28% |
| 2017 | 2017-12-31 | $1.02B | $98.5M | +10.64% |
| 2016 | 2016-12-31 | $925.2M | −$128.6M | −12.20% |
| 2015 | 2015-12-31 | $1.05B | $221.3M | +26.58% |
| 2014 | 2014-12-31 | $832.5M | −$316.0M | −27.51% |
| 2013 | 2013-12-31 | $1.15B | −$235.2M | −17.00% |
| 2012 | 2012-12-31 | $1.38B | $90.7M | +7.02% |
| 2011 | 2011-12-31 | $1.29B | −$48.8M | −3.64% |
| 2010 | 2010-12-31 | $1.34B | −$195.0M | −12.69% |
| 2009 | 2009-12-31 | $1.54B | −$75.5M | −4.68% |
| 2008 | 2008-12-31 | $1.61B | — | — |
First Horizon quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $532.0M | $41.0M | +8.35% |
| Q1 2026 | 2026-03-31 | $505.0M | $18.0M | +3.70% |
| Q4 2025 | 2025-12-31 | $546.0M | $37.0M | +7.27% |
| Q3 2025 | 2025-09-30 | $550.0M | $39.0M | +7.63% |
| Q2 2025 | 2025-06-30 | $491.0M | −$9.0M | −1.80% |
| Q1 2025 | 2025-03-31 | $487.0M | −$28.0M | −5.44% |
| Q4 2024 | 2024-12-31 | $509.0M | −$63.0M | −11.01% |
| Q3 2024 | 2024-09-30 | $511.0M | $37.0M | +7.81% |
| Q2 2024 | 2024-06-30 | $500.0M | −$55.0M | −9.91% |
| Q1 2024 | 2024-03-31 | $515.0M | $37.0M | +7.74% |
| Q4 2023 | 2023-12-31 | $572.0M | $69.0M | +13.72% |
| Q3 2023 | 2023-09-30 | $474.0M | $5.0M | +1.07% |
| Q2 2023 | 2023-06-30 | $555.0M | $67.0M | +13.73% |
| Q1 2023 | 2023-03-31 | $478.0M | −$15.0M | −3.04% |
| Q4 2022 | 2022-12-31 | $503.0M | −$25.0M | −4.73% |
| Q3 2022 | 2022-09-30 | $469.0M | −$57.0M | −10.84% |
| Q2 2022 | 2022-06-30 | $488.0M | −$10.0M | −2.01% |
| Q1 2022 | 2022-03-31 | $493.0M | −$51.0M | −9.38% |
| Q4 2021 | 2021-12-31 | $528.0M | $19.0M | +3.73% |
| Q3 2021 | 2021-09-30 | $526.0M | −$61.0M | −10.39% |
| Q2 2021 | 2021-06-30 | $498.0M | $178.0M | +55.63% |
| Q1 2021 | 2021-03-31 | $544.0M | $242.0M | +80.13% |
| Q4 2020 | 2020-12-31 | $509.0M | $180.8M | +55.08% |
| Q3 2020 | 2020-09-30 | $587.0M | $278.7M | +90.40% |
| Q2 2020 | 2020-06-30 | $320.0M | $19.6M | +6.53% |
| Q1 2020 | 2020-03-31 | $302.0M | $5.9M | +2.00% |
| Q4 2019 | 2019-12-31 | $328.2M | $47.3M | +16.83% |
| Q3 2019 | 2019-09-30 | $308.3M | $14.3M | +4.85% |
| Q2 2019 | 2019-06-30 | $300.4M | −$32.4M | −9.73% |
| Q1 2019 | 2019-03-31 | $296.1M | −$17.2M | −5.48% |
| Q4 2018 | 2018-12-31 | $280.9M | −$65.7M | −18.96% |
| Q3 2018 | 2018-09-30 | $294.0M | $57.2M | +24.13% |
| Q2 2018 | 2018-06-30 | $332.8M | $114.9M | +52.70% |
| Q1 2018 | 2018-03-31 | $313.3M | $91.1M | +40.98% |
| Q4 2017 | 2017-12-31 | $346.7M | $108.8M | +45.72% |
| Q3 2017 | 2017-09-30 | $236.9M | $3.3M | +1.42% |
| Q2 2017 | 2017-06-30 | $217.9M | −$8.9M | −3.93% |
| Q1 2017 | 2017-03-31 | $222.2M | −$4.7M | −2.08% |
| Q4 2016 | 2016-12-31 | $237.9M | −$5.8M | −2.40% |
| Q3 2016 | 2016-09-30 | $233.6M | $18.1M | +8.41% |
| Q2 2016 | 2016-06-30 | $226.8M | $8.4M | +3.86% |
| Q1 2016 | 2016-03-31 | $226.9M | −$149.3M | −39.68% |
| Q4 2015 | 2015-12-31 | $243.7M | $36.4M | +17.57% |
| Q3 2015 | 2015-09-30 | $215.4M | −$28.6M | −11.71% |
| Q2 2015 | 2015-06-30 | $218.4M | $55.2M | +33.85% |
| Q1 2015 | 2015-03-31 | $376.2M | $158.2M | +72.54% |
| Q4 2014 | 2014-12-31 | $207.3M | −$39.7M | −16.07% |
| Q3 2014 | 2014-09-30 | $244.0M | −$189.5M | −43.72% |
| Q2 2014 | 2014-06-30 | $163.2M | −$64.2M | −28.25% |
| Q1 2014 | 2014-03-31 | $218.0M | −$22.5M | −9.35% |
| Q4 2013 | 2013-12-31 | $247.0M | −$24.3M | −8.97% |
| Q3 2013 | 2013-09-30 | $433.6M | $170.4M | +64.74% |
| Q2 2013 | 2013-06-30 | $227.4M | −$299.8M | −56.86% |
| Q1 2013 | 2013-03-31 | $240.5M | −$81.5M | −25.30% |
| Q4 2012 | 2012-12-31 | $271.4M | −$40.7M | −13.04% |
| Q3 2012 | 2012-09-30 | $263.2M | −$59.5M | −18.45% |
| Q2 2012 | 2012-06-30 | $527.2M | $182.7M | +53.05% |
| Q1 2012 | 2012-03-31 | $322.0M | $8.2M | +2.61% |
| Q4 2011 | 2011-12-31 | $312.0M | −$8.5M | −2.64% |
| Q3 2011 | 2011-09-30 | $322.7M | −$18.8M | −5.50% |
| Q2 2011 | 2011-06-30 | $344.5M | $2.6M | +0.76% |
| Q1 2011 | 2011-03-31 | $313.8M | −$24.2M | −7.15% |
| Q4 2010 | 2010-12-31 | $320.5M | −$57.8M | −15.28% |
| Q3 2010 | 2010-09-30 | $341.5M | −$6.7M | −1.93% |
| Q2 2010 | 2010-06-30 | $341.8M | −$60.6M | −15.07% |
| Q1 2010 | 2010-03-31 | $338.0M | −$69.8M | −17.12% |
| Q4 2009 | 2009-12-31 | $378.3M | — | — |
| Q3 2009 | 2009-09-30 | $348.2M | — | — |
| Q2 2009 | 2009-06-30 | $402.5M | — | — |
| Q1 2009 | 2009-03-31 | $407.8M | — | — |
First Horizon operating expenses trends
Over the last five fiscal years, First Horizon's operating expenses increased from $1.72B to $2.07B, a change of $356.0M. The latest reported quarter, Q2 2026, shows $532.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review First Horizon source filings ↗