Herbalife HLF
NYSE HLF
$12.27 -0.36 (-2.85%)
As of: Sep 10, 2026 · 3:59 PM EDT

Herbalife (HLF) Operating Expenses (2009 - 2026)

Herbalife's (HLF) quarterly Operating Expenses came in at $436.2 million in Q2 2026, up 6.78% year-over-year from $408.5 million in Q2 2025, and up 1.11% quarter-over-quarter from $431.4 million in Q1 2026.

Analysis

Herbalife (HLF) Operating Expenses (2009 - 2026) Analysis & Trends

Herbalife has disclosed Operating Expenses across 18 years of filings, most recently posting $436.2 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 6.78% year-over-year to $436.2 million; the TTM figure through Jun 2026 stood at $1.7 billion (up 7.29% YoY), while the FY2025 annual figure was $1.7 billion, down 3.55% from the prior year.
  • Operating Expenses came in at $436.2 million for Q2 2026 at Herbalife, up from $431.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $502.3 million in Q2 2024 to a low of $287.1 million in Q4 2024.
  • Average Operating Expenses over 5 years is $427.7 million, with a median of $445.8 million recorded in 2024.
  • Year-over-year, Operating Expenses declined 29.27% in 2023 and grew 17.35% in 2025.
  • Over 5 years, Operating Expenses stood at $437.3 million in 2022, then declined by 29.27% to $309.3 million in 2023, then dropped by 7.18% to $287.1 million in 2024, then advanced by 17.35% to $336.9 million in 2025, then gained by 29.47% to $436.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $436.2 million in Q2 2026, $431.4 million in Q1 2026, and $336.9 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Colgate Palmolive 70.23 Bn 68.86 Bn 3.30 Bn 2.13 Bn
2 Kenvue 34.13 Bn 33.02 Bn 2.30 Bn 1.60 Bn
3 Kimberly Clark 32.73 Bn 31.77 Bn 1.60 Bn -
4 Bath & Body Works 3.77 Bn 2.98 Bn 692.00 Mn 476.00 Mn
5 Prestige Consumer Healthcare 2.27 Bn 2.21 Bn - -
6 Perrigo 1.89 Bn 1.49 Bn 313.90 Mn 290.50 Mn
7 Herbalife 1.28 Bn 905.45 Mn 1.03 Bn 436.20 Mn
8 Edgewell Personal Care 1.24 Bn 840.59 Mn 242.50 Mn 134.30 Mn
9 TFA Therapeutics 1.02 Bn 1.02 Bn - -
10 Honest Company 586.90 Mn 481.00 Mn 40.36 Mn 30.78 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 436.20 Mn
Mar 31, 2026 431.40 Mn
Dec 31, 2025 336.90 Mn
Sep 30, 2025 447.60 Mn
Jun 30, 2025 408.50 Mn
Mar 31, 2025 400.30 Mn
Dec 31, 2024 287.10 Mn
Sep 30, 2024 444.00 Mn
Jun 30, 2024 502.30 Mn
Mar 31, 2024 492.20 Mn
Dec 31, 2023 309.30 Mn
Sep 30, 2023 455.30 Mn
Jun 30, 2023 460.50 Mn
Mar 31, 2023 475.90 Mn
Dec 31, 2022 437.30 Mn
Sep 30, 2022 448.20 Mn
Jun 30, 2022 470.00 Mn
Mar 31, 2022 454.90 Mn
Dec 31, 2021 513.20 Mn
Sep 30, 2021 486.30 Mn