Birkenstock Holding BIRK
NYSE BIRK
$33.86 +0.07 (+0.21%)
As of: Sep 3, 2026 · 9:43 AM EDT

Birkenstock Holding (BIRK) Operating Expenses (2021 - 2026)

Birkenstock Holding (BIRK) posted quarterly Operating Expenses of -$200.5 million for Q1 2026, down 19.94% year-over-year from -$250.5 million in Q1 2025, and down 11.25% quarter-over-quarter from -$180.2 million in Q4 2025.

Analysis

Birkenstock Holding (BIRK) Operating Expenses (2021 - 2026) Analysis & Trends

Birkenstock Holding (BIRK) has reported Operating Expenses for 5 consecutive years, with -$200.5 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses fell 19.94% year-over-year to -$200.5 million; the TTM figure through Mar 2026 stood at -$826.4 million (down 18.17% YoY), while the FY2025 annual figure was -$761.4 million, down 14.52% from the prior year.
  • Operating Expenses eased to -$200.5 million in Q1 2026 per BIRK's latest filing, from -$180.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at -$110.4 million in Q4 2022 and bottomed at -$234.1 million in Q3 2023.
  • Historically, Operating Expenses has averaged -$173.5 million across 5 years, with a median of -$180.2 million in 2025.
  • Annual changes were most pronounced in 2023 — Operating Expenses plunged 73.35% — and 2024, when it gained 18.84%.
  • Birkenstock Holding's Operating Expenses stood at -$110.4 million in 2022, then retreated by 27.21% to -$140.5 million in 2023, then dropped by 8.2% to -$152.0 million in 2024, then slipped by 18.57% to -$180.2 million in 2025, then decreased by 11.25% to -$200.5 million in 2026.
  • Business Quant data shows BIRK's Operating Expenses at -$200.5 million in Q1 2026, -$180.2 million in Q4 2025, and -$224.0 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Nike 56.51 Bn 47.48 Bn 5.39 Bn 4.08 Bn
2 Deckers Outdoor 12.12 Bn 10.21 Bn - -
3 Birkenstock Holding 6.32 Bn 5.51 Bn 493.89 Mn -254.01 Mn
4 Crocs 5.73 Bn 5.56 Bn 700.71 Mn 415.03 Mn
5 Steven Madden 3.00 Bn 2.91 Bn 309.66 Mn 270.34 Mn
6 Wolverine World Wide 1.59 Bn 1.45 Bn 235.30 Mn 187.40 Mn
7 Forward Industries 570.45 Mn 570.45 Mn - -
8 Weyco 427.12 Mn 331.65 Mn 43.78 Mn 26.76 Mn
9 Rocky Brands 336.03 Mn 333.40 Mn 60.80 Mn 41.12 Mn
10 Fossil 300.49 Mn 221.54 Mn 130.79 Mn 127.59 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -254.01 Mn
Mar 31, 2026 -200.53 Mn
Dec 31, 2025 -180.25 Mn
Sep 30, 2025 -224.02 Mn
Jun 30, 2025 -221.56 Mn
Mar 31, 2025 -167.19 Mn
Dec 31, 2024 -152.02 Mn
Sep 30, 2024 -189.98 Mn
Jun 30, 2024 -190.14 Mn
Mar 31, 2024 -144.64 Mn
Dec 31, 2023 -148.35 Mn
Sep 30, 2023 -251.34 Mn
Jun 30, 2023 -183.99 Mn
Mar 31, 2023 -127.88 Mn
Dec 31, 2022 -110.44 Mn
Sep 30, 2022 -139.06 Mn
Sep 30, 2021 36.99 Mn
Apr 30, 2021 30.17 Mn