Afya AFYA
NASDAQ AFYA
$14.70 -0.21 (-1.41%)
As of: Sep 3, 2026 · 3:59 PM EDT

Afya (AFYA) Operating Expenses (2018 - 2026)

Afya (AFYA) posted Operating Expenses of -$54.7 million for Q1 2026, down 115.18% sequentially from $359.9 million in Q4 2025, and down 13.77% YoY from -$63.4 million in Q1 2025.

Analysis

Afya (AFYA) Operating Expenses (2018 - 2026) Analysis & Trends

Afya has reported Operating Expenses for 9 years, with the latest figure at -$54.7 million in Q1 2026.

  • Quarterly Operating Expenses fell 13.77% year-over-year to -$54.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $101.7 million (up 122.46% YoY) and the FY2025 annual result came in at -$445.0 million, down 4.37% from the prior year.
  • Operating Expenses fell to -$54.7 million in Q1 2026 per AFYA's latest filing, from $359.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $359.9 million in Q4 2025 and troughed at -$189.9 million in Q4 2023.
  • A 5-year average of -$59.2 million and a median of -$51.7 million in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 154.54% in 2024, then jumped 307.43% in 2025.
  • Over 5 years, Operating Expenses stood at -$151.7 million in 2022, then decreased by 25.17% to -$189.9 million in 2023, then rose by 8.63% to -$173.5 million in 2024, then surged by 307.43% to $359.9 million in 2025, then tumbled by 115.18% to -$54.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$54.7 million, $359.9 million, and -$151.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 New Oriental Education & Technology 94.30 Bn 91.56 Bn 812.22 Mn 1.44 Bn
2 Laureate Education 5.01 Bn 4.85 Bn 237.67 Mn 14.24 Mn
3 Graham Holdings 4.80 Bn 3.55 Bn 777.03 Mn 1.22 Bn
4 Covista 4.49 Bn 4.08 Bn 284.63 Mn 405.94 Mn
5 Grand Canyon Education 3.98 Bn 3.70 Bn 204.08 Mn 205.89 Mn
6 Stride 3.66 Bn 2.70 Bn 217.28 Mn 111.43 Mn
7 McGraw Hill 2.54 Bn 2.35 Bn 439.20 Mn 324.92 Mn
8 Perdoceo Education 2.08 Bn 772.00 Mn 162.46 Mn 158.47 Mn
9 TAL Education 1.93 Bn -755.67 Mn 227.32 Mn 243.19 Mn
10 Afya 1.34 Bn 1.14 Bn 118.29 Mn -56.57 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -56.57 Mn
Mar 31, 2026 -54.66 Mn
Dec 31, 2025 -52.97 Mn
Sep 30, 2025 -151.87 Mn
Jun 30, 2025 -51.73 Mn
Mar 31, 2025 -48.04 Mn
Dec 31, 2024 -173.52 Mn
Sep 30, 2024 -134.06 Mn
Jun 30, 2024 -97.11 Mn
Mar 31, 2024 -48.77 Mn
Dec 31, 2023 -189.90 Mn
Sep 30, 2023 -52.67 Mn
Jun 30, 2023 -50.40 Mn
Mar 31, 2023 -44.91 Mn
Dec 31, 2022 -151.72 Mn
Sep 30, 2022 -40.22 Mn
Jun 30, 2022 -42.33 Mn
Mar 31, 2022 -34.16 Mn
Dec 31, 2021 -111.62 Mn
Sep 30, 2021 -34.28 Mn