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

BrightSpring Health Services (BTSGU) reported Operating Expenses of $360.8 million for Q1 2026, up 25.43% on a YoY basis from $287.6 million in Q1 2025, and up 18.51% quarter-over-quarter from $304.4 million in Q4 2025.

BrightSpring Health Services (BTSGU) Operating Expenses (2023 - 2026) Analysis & Trends

BrightSpring Health Services has reported Operating Expenses for 4 years, with the latest figure 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.
  • The five-year high for Operating Expenses was $410.5 million in Q3 2023, with the low at $94.7 million in Q4 2023.
  • Historically, Operating Expenses has averaged $294.0 million across 4 years, with a median of $294.0 million in 2024.
  • The largest YoY upside for Operating Expenses was 198.94% in 2024 against a maximum downside of 28.39% in 2024.
  • BrightSpring Health Services' Operating Expenses stood at $94.7 million in 2023, then soared by 198.94% to $283.1 million in 2024, then climbed by 7.53% to $304.4 million in 2025, then gained 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 24.83 Bn 17.52 Bn 662.02 Mn 388.91 Mn
2 BrightSpring Health Services 13.57 Bn 12.69 Bn 482.22 Mn 360.77 Mn
3 Healthequity 7.20 Bn 6.93 Bn 256.31 Mn 153.36 Mn
4 Hinge Health 5.42 Bn 5.11 Bn 154.23 Mn 122.16 Mn
5 10x Genomics 4.46 Bn 3.92 Bn 106.18 Mn 123.22 Mn
6 Doximity 3.81 Bn 3.06 Bn 125.97 Mn 101.14 Mn
7 Waystar Holding 3.52 Bn 3.36 Bn 268.04 Mn 233.41 Mn
8 Privia Health 2.94 Bn 2.57 Bn 595.71 Mn 596.43 Mn
9 Omnicell 1.76 Bn 1.59 Bn 140.36 Mn 123.51 Mn
10 BrightSpring Health Services - - 482.22 Mn 360.77 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