Birkenstock Holding (BIRK) Operating Expenses (2022 - 2026)

Birkenstock Holding (BIRK) reported Operating Expenses of -$38.6 million for Q1 2026, down 13.11% year-over-year from -$44.4 million in Q1 2025, and down 13.32% quarter-over-quarter from -$34.1 million in Q4 2025.

Birkenstock Holding (BIRK) Operating Expenses (2022 - 2026) Analysis & Trends

Birkenstock Holding (BIRK) has 5 years of Operating Expenses data on file, last reported at -$38.6 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$38.6 million, down 13.11% year-over-year; the trailing twelve-month figure through Mar 2026 was -$151.4 million (up 1.5% YoY), and the FY2025 annual result was -$146.0 million, down 17.2% from the prior year.
  • Operating Expenses retreated to -$38.6 million in Q1 2026 per BIRK's latest filing, from -$34.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.6 million in Q3 2023 and troughed at -$74.0 million in Q4 2023.
  • A 5-year average of -$42.1 million and a median of -$38.6 million in 2026 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 116.15% in 2023, then sank 854.55% in 2024.
  • A 5-year view of Operating Expenses shows it stood at -$45.2 million in 2022, then plunged by 63.87% to -$74.0 million in 2023, then soared by 65.2% to -$25.8 million in 2024, then slumped by 32.26% to -$34.1 million in 2025, then fell by 13.32% to -$38.6 million in 2026.
  • Business Quant data shows BIRK's Operating Expenses at -$38.6 million in Q1 2026, -$34.1 million in Q4 2025, and -$41.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Birkenstock Holding 105.38 Bn 105.15 Bn 390.51 Mn -38.60 Mn
2 Nike 65.97 Bn 57.92 Bn 4.53 Bn 2.89 Bn
3 Deckers Outdoor 16.23 Bn 14.14 Bn 1.17 Bn 556.99 Mn
4 Crocs 6.43 Bn 6.30 Bn 522.95 Mn 322.10 Mn
5 Steven Madden 3.20 Bn 3.16 Bn 357.42 Mn 258.29 Mn
6 Wolverine World Wide 1.96 Bn 1.77 Bn 243.40 Mn 192.40 Mn
7 On Holding AG 1.67 Bn 273.66 Mn 682.30 Mn -532.38 Mn
8 Forward Industries 403.33 Mn 377.95 Mn 16.85 Mn 3.25 Mn
9 Designer Brands 345.18 Mn 294.31 Mn 315.32 Mn 299.21 Mn
10 Weyco 339.86 Mn 242.42 Mn 33.84 Mn 23.65 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.60 Mn
Dec 31, 2025 -34.07 Mn
Sep 30, 2025 -41.37 Mn
Jun 30, 2025 -37.31 Mn
Mar 31, 2025 -34.13 Mn
Dec 31, 2024 -25.76 Mn
Sep 30, 2024 -34.80 Mn
Jun 30, 2024 -58.96 Mn
Mar 31, 2024 -43.42 Mn
Dec 31, 2023 -74.01 Mn
Sep 30, 2023 4.61 Mn
Jun 30, 2023 -70.37 Mn
Mar 31, 2023 -69.53 Mn
Dec 31, 2022 -45.16 Mn
Sep 30, 2022 -28.57 Mn