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
DateValue
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