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Herbalife (HLF) Operating Expenses (2016 - 2025)

Herbalife's Operating Expenses history spans 17 years, with the latest figure at $336.9 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 17.35% year-over-year to $336.9 million; the TTM value through Dec 2025 reached $1.7 billion, down 3.55%, while the annual FY2025 figure was $1.7 billion, 3.55% down from the prior year.
  • Operating Expenses for Q4 2025 was $336.9 million at Herbalife, down from $447.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $513.2 million in Q4 2021 and bottomed at $287.1 million in Q4 2024.
  • The 5-year median for Operating Expenses is $455.1 million (2022), against an average of $445.7 million.
  • The largest annual shift saw Operating Expenses decreased 29.27% in 2023 before it grew 17.35% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $513.2 million in 2021, then decreased by 14.79% to $437.3 million in 2022, then fell by 29.27% to $309.3 million in 2023, then decreased by 7.18% to $287.1 million in 2024, then rose by 17.35% to $336.9 million in 2025.
  • Per Business Quant, the three most recent readings for HLF's Operating Expenses are $336.9 million (Q4 2025), $447.6 million (Q3 2025), and $447.9 million (Q2 2025).