Amer Sports (AS) Operating Expenses (2022 - 2026)
Amer Sports (AS) recorded quarterly Operating Expenses of -$856.2 million in Q1 2026, up 12.54% quarter-over-quarter from -$979.0 million in Q4 2025, and down 33.39% on a YoY basis from -$1.3 billion in Q1 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 -$3.3 billion (down 31.42% YoY), while the FY2025 annual figure was $3.1 billion, up 27.54% from the prior year.
- Operating Expenses was -$856.2 million for Q1 2026 at Amer Sports, up from -$979.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $197106.5 in Q4 2022 to a low of -$979.0 million in Q4 2025.
- Historically, Operating Expenses has averaged -$594.4 million across 5 years, with a median of -$586.5 million in 2024.
- Biggest YoY gain for Operating Expenses was 18.04% in 2025; the steepest drop was 35.58% in 2025.
- A 5-year view of Operating Expenses shows it stood at $197106.5 in 2022, then slumped by 247732.57% to -$488.1 million in 2023, then slumped by 47.94% to -$722.1 million in 2024, then plunged by 35.58% to -$979.0 million in 2025, then climbed by 12.54% to -$856.2 million in 2026.
- The last three Operating Expenses figures came in at -$856.2 million (Q1 2026), -$979.0 million (Q4 2025), and -$776.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | -856.20 Mn |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 729.90 Mn |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | 653.86 Mn |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | 232.87 Mn |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | - |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 88.19 Mn |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | 265.36 Mn |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 188.50 Mn |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 224.76 Mn |
| 10 | Peloton Interactive | 2.38 Bn | 1.26 Bn | 327.30 Mn | 274.80 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 | -567.80 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 |