Afya (AFYA) Operating Expenses (2017 - 2026)
Afya's (AFYA) quarterly Operating Expenses came in at -$56.6 million in Q2 2026, down 9.36% year-over-year from -$62.4 million in Q2 2025, and down 3.51% quarter-over-quarter from -$54.7 million in Q1 2026.
Powered by 
Analysis
Afya (AFYA) Operating Expenses (2017 - 2026) Analysis & Trends
Afya has disclosed Operating Expenses across 10 years of filings, most recently posting -$56.6 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 9.36% year-over-year to -$56.6 million; the TTM figure through Jun 2026 stood at -$316.1 million (down 67.78% YoY), while the FY2025 annual figure was -$206.5 million, down 18.98% from the prior year.
- Operating Expenses came in at -$56.6 million for Q2 2026 at Afya, down from -$54.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$34.2 million in Q1 2022 to a low of -$189.9 million in Q4 2023.
- Average Operating Expenses over 5 years is -$67.2 million, with a median of -$50.6 million recorded in 2023.
- Year-over-year, Operating Expenses jumped 75.98% in 2024 and plunged 253.2% in 2025.
- Over 5 years, Operating Expenses stood at -$151.7 million in 2022, then fell by 25.17% to -$189.9 million in 2023, then jumped by 75.98% to -$45.6 million in 2024, then decreased by 16.14% to -$53.0 million in 2025, then slipped by 6.8% to -$56.6 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$56.6 million in Q2 2026, -$54.7 million in Q1 2026, and -$53.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.64 Bn | 10.38 Bn | 273.50 Mn | 41.78 Mn |
| 2 | New Oriental Education & Technology | 8.69 Bn | 6.29 Bn | -19,600.00 | 1.44 Bn |
| 3 | Laureate Education | 5.06 Bn | 4.90 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.89 Bn | 3.68 Bn | 777.03 Mn | 1.22 Bn |
| 5 | Covista | 4.19 Bn | 3.78 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Valvoline | 3.67 Bn | 3.58 Bn | 214.90 Mn | 103.10 Mn |
| 7 | Bright Horizons Family Solutions | 3.28 Bn | 3.11 Bn | 188.96 Mn | 108.00 Mn |
| 8 | Stride | 3.26 Bn | 2.30 Bn | 217.28 Mn | 111.43 Mn |
| 9 | TAL Education | 2.28 Bn | -596.06 Mn | 438.20 Mn | 301.00 Mn |
| 10 | Afya | 1.23 Bn | 1.04 Bn | 118.29 Mn | -56.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | -45.61 Mn |
| Sep 30, 2024 | -43.00 Mn |
| Jun 30, 2024 | -50.73 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 |
API Access
Afya Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=AFYA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AFYA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=AFYA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();