BrightSpring Health Services (BTSG) Operating Expenses (2023 - 2026)
BrightSpring Health Services' (BTSG) quarterly Operating Expenses came in at $362.4 million in Q2 2026, up 11.05% on a YoY basis from $326.3 million in Q2 2025, and little changed quarter-over-quarter from $360.8 million in Q1 2026.
Analysis
BrightSpring Health Services (BTSG) Operating Expenses (2023 - 2026) Analysis & Trends
BrightSpring Health Services (BTSG) has reported Operating Expenses for 4 consecutive years, with $362.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 11.05% year-over-year to $362.4 million; the trailing twelve-month figure through Jun 2026 stood at $1.3 billion (up 11.81% YoY), and the FY2025 full-year result was $1.2 billion, up 5.53% from the prior year.
- Operating Expenses held at $362.4 million in Q2 2026 per BTSG's latest filing, from $360.8 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.
- Historically, Operating Expenses has averaged $298.9 million across 4 years, with a median of $299.1 million in 2024.
- The widest YoY moves for Operating Expenses: up 198.94% in 2024, down 28.39% in 2024.
- Over 4 years, Operating Expenses stood at $94.7 million in 2023, then surged by 198.94% to $283.1 million in 2024, then increased by 7.53% to $304.4 million in 2025, then gained by 19.03% to $362.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $362.4 million, $360.8 million, and $304.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BrightSpring Health Services | 11.99 Bn | 11.44 Bn | 492.75 Mn | 362.36 Mn |
| 2 | Ensign | 9.95 Bn | 9.64 Bn | 306.24 Mn | 1.32 Bn |
| 3 | Chemed | 6.79 Bn | 6.75 Bn | 221.47 Mn | 584.05 Mn |
| 4 | Pacs | 6.72 Bn | 6.56 Bn | 338.46 Mn | 1.32 Bn |
| 5 | Option Care Health | 3.63 Bn | 3.43 Bn | 267.25 Mn | 182.11 Mn |
| 6 | National Healthcare | 3.42 Bn | 3.22 Bn | 313.55 Mn | 359.09 Mn |
| 7 | Aveanna Healthcare Holdings | 2.96 Bn | 2.87 Bn | 218.53 Mn | 131.16 Mn |
| 8 | Brookdale Senior Living | 2.81 Bn | 2.41 Bn | 709.22 Mn | 503.46 Mn |
| 9 | Addus HomeCare | 2.22 Bn | 2.12 Bn | 121.56 Mn | 82.62 Mn |
| 10 | Sonida Senior Living | 1.79 Bn | 1.74 Bn | - | 213.11 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 362.36 Mn |
| 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 |