Growth Metrics

BrightSpring Health Services (BTSG) Operating Expenses (2023 - 2026)

BrightSpring Health Services posted quarterly Operating Expenses of $360.8 million for Q1 2026, up 25.43% year-on-year from $287.6 million in Q1 2025, and up 18.51% on a QoQ basis from $304.4 million in Q4 2025.

BrightSpring Health Services (BTSG) has 4 years of Operating Expenses data on file, last reported at $360.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 25.43% year-over-year to $360.8 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 billion (up 13.83% YoY), and the FY2025 full-year result was $1.2 billion, up 5.53% from the prior year.
  • Operating Expenses for Q1 2026 stood at $360.8 million, up from $304.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $410.5 million in Q3 2023 and bottomed at $94.7 million in Q4 2023.
  • The 4-year median for Operating Expenses is $294.0 million (2024), against an average of $294.0 million.
  • Peak annual rise in Operating Expenses reached 198.94% in 2024, while the deepest fall reached 28.39% in 2024.
  • A 4-year view of Operating Expenses shows it stood at $94.7 million in 2023, then jumped by 198.94% to $283.1 million in 2024, then grew by 7.53% to $304.4 million in 2025, then advanced by 18.51% to $360.8 million in 2026.
  • The last three Operating Expenses figures came in at $360.8 million (Q1 2026), $304.4 million (Q4 2025), and $304.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 376.60 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 122.16 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 101.14 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 233.41 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 123.22 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 123.51 Mn
10 Teladoc Health 1.42 Bn 672.39 Mn 562.57 Mn 675.61 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 360.77 Mn
Dec 31, 2025 304.44 Mn
Sep 30, 2025 304.17 Mn
Jun 30, 2025 326.30 Mn
Mar 31, 2025 287.63 Mn
Dec 31, 2024 283.13 Mn
Sep 30, 2024 294.00 Mn
Jun 30, 2024 273.52 Mn
Mar 31, 2024 307.83 Mn
Dec 31, 2023 94.71 Mn
Sep 30, 2023 410.55 Mn
Jun 30, 2023 292.45 Mn
Mar 31, 2023 283.16 Mn