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
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 -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