Amer Sports (AS) Operating Expenses (2022 - 2026)
Amer Sports (AS) posted quarterly Operating Expenses of -$856.2 million for Q1 2026, down 33.39% year-over-year from -$1.3 billion in Q1 2025, and up 12.54% quarter-over-quarter from -$979.0 million in Q4 2025.
Amer Sports (AS) Operating Expenses (2022 - 2026) Analysis & Trends
Amer Sports' Operating Expenses history runs 5 years deep, the most recent figure standing at -$856.2 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 33.39% year-over-year to -$856.2 million; the TTM figure through Mar 2026 stood at -$1.8 billion (down 127.6% YoY), while the FY2025 annual figure was $3.1 billion, up 27.54% from the prior year.
- Operating Expenses for Q1 2026 stood at -$856.2 million, up from -$979.0 million in the prior quarter.
- The five-year high for Operating Expenses was $776.6 million in Q3 2025, with the low at -$979.0 million in Q4 2025.
- The 5-year median for Operating Expenses is -$445.3 million (2023), against an average of -$256.9 million.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 228.74% in 2024, then sank 12132.25% in 2025.
- Amer Sports' Operating Expenses stood at $197106.5 in 2022, then sank by 247732.57% to -$488.1 million in 2023, then sank by 47.94% to -$722.1 million in 2024, then tumbled by 35.58% to -$979.0 million in 2025, then advanced by 12.54% to -$856.2 million in 2026.
- Business Quant data shows AS's Operating Expenses at -$856.2 million in Q1 2026, -$979.0 million in Q4 2025, and $776.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 18.61 Bn | 17.92 Bn | 1.17 Bn | -856.20 Mn |
| 2 | Hasbro | 13.64 Bn | 12.26 Bn | 867.20 Mn | 887.10 Mn |
| 3 | Life Time Group Holdings | 9.88 Bn | 9.65 Bn | 412.26 Mn | 716.29 Mn |
| 4 | Acushnet Holdings | 5.40 Bn | 5.33 Bn | 445.83 Mn | 267.00 Mn |
| 5 | Mattel | 4.25 Bn | 3.73 Bn | 542.12 Mn | - |
| 6 | Planet Fitness | 3.74 Bn | 3.34 Bn | 300.73 Mn | 241.41 Mn |
| 7 | YETI Holdings | 3.58 Bn | 3.52 Bn | 322.52 Mn | 229.01 Mn |
| 8 | Callaway Golf | 3.01 Bn | 2.73 Bn | 306.70 Mn | 191.90 Mn |
| 9 | Onespaworld Holdings | 2.75 Bn | 2.70 Bn | 84.35 Mn | 236.74 Mn |
| 10 | Peloton Interactive | 2.29 Bn | 1.08 Bn | 344.40 Mn | 263.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -856.20 Mn |
| Dec 31, 2025 | -979.00 Mn |
| Sep 30, 2025 | 776.60 Mn |
| Jun 30, 2025 | -697.80 Mn |
| Mar 31, 2025 | -641.90 Mn |
| Dec 31, 2024 | -722.10 Mn |
| Sep 30, 2024 | 586.50 Mn |
| Jun 30, 2024 | 5.80 Mn |
| Mar 31, 2024 | 543.80 Mn |
| Sep 30, 2023 | -488.10 Mn |
| Jun 30, 2023 | -445.30 Mn |
| Mar 31, 2023 | -422.40 Mn |
| Dec 31, 2022 | 197,106.54 |