Callaway Golf (CALY) Operating Expenses (2010 - 2026)
Callaway Golf's Operating Expenses came in at $191.9 million for Q2 2026, up 1.5% from $189.1 million a year earlier and up 1.8% from the prior quarter.
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Analysis
Callaway Golf (CALY) Operating Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Callaway Golf reported Operating Expenses of -$910.6 million; for FY2025, it was $739.5 million, up 0.7% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of -15.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $734.1 million in FY2024 (+0.2%), $733 million in FY2023 (-80.4%), $3.74 billion in FY2022 (+27.7%) and $2.93 billion in FY2021 (+72.8%).
- The five-year range for quarterly Operating Expenses is -$2.38 billion (Q4 2023) to $1.09 billion (Q1 2023).
- Year-over-year, Operating Expenses increased in three of the last six quarters, with an average decline of 27.6%.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2021 (growth of 89.4%), and the weakest in Q1 2025 (a decline of 83.2%).
- Business Quant data shows CALY's Operating Expenses at $188.5 million (Q1 2026), -$2.2 billion (Q4 2025) and $905.7 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 17.51 Bn | 15.10 Bn | 1.07 Bn | 909.20 Mn |
| 2 | Hasbro | 16.75 Bn | 11.71 Bn | 1.21 Bn | 1.08 Bn |
| 3 | Acushnet Holdings | 4.79 Bn | 4.52 Bn | 321.99 Mn | 236.71 Mn |
| 4 | Mattel | 4.43 Bn | 1.11 Bn | 542.12 Mn | - |
| 5 | YETI Holdings | 3.36 Bn | 2.82 Bn | 322.52 Mn | 229.01 Mn |
| 6 | Callaway Golf | 2.98 Bn | 868.19 Mn | 226.70 Mn | 182.00 Mn |
| 7 | Peloton Interactive | 2.49 Bn | -2.37 Bn | 342.60 Mn | 226.20 Mn |
| 8 | Sturm Ruger | 799.29 Mn | 382.73 Mn | 30.52 Mn | 24.54 Mn |
| 9 | Smith & Wesson Brands | 647.27 Mn | 559.52 Mn | 32.27 Mn | 28.05 Mn |
| 10 | Unusual Machines | 592.37 Mn | -313.66 Mn | 4.92 Mn | 13.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 182.00 Mn |
| Jun 30, 2026 | 191.90 Mn |
| Mar 31, 2026 | 188.50 Mn |
| Dec 31, 2025 | -2.20 Bn |
| Sep 30, 2025 | 905.70 Mn |
| Jun 30, 2025 | 189.10 Mn |
| Mar 31, 2025 | 180.50 Mn |
| Dec 31, 2024 | -2.38 Bn |
| Sep 30, 2024 | 979.20 Mn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.08 Bn |
| Dec 31, 2023 | -2.38 Bn |
| Sep 30, 2023 | 966.80 Mn |
| Jun 30, 2023 | 1.06 Bn |
| Mar 31, 2023 | 1.09 Bn |
| Dec 31, 2022 | 886.00 Mn |
| Sep 30, 2022 | 920.30 Mn |
| Jun 30, 2022 | 986.70 Mn |
| Mar 31, 2022 | 945.90 Mn |
| Dec 31, 2021 | 766.40 Mn |
API Access
Callaway Golf Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();