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Herbalife (HLF) Operating Expenses (2016 - 2025)

Herbalife (HLF) has disclosed Operating Expenses for 17 consecutive years, with $336.9 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 17.35% to $336.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.7 billion through Dec 2025, down 3.55% year-over-year, with the annual reading at $1.7 billion for FY2025, 3.55% down from the prior year.
  • Operating Expenses hit $336.9 million in Q4 2025 for Herbalife, down from $447.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $513.2 million in Q4 2021 to a low of $287.1 million in Q4 2024.
  • Historically, Operating Expenses has averaged $445.7 million across 5 years, with a median of $455.1 million in 2022.
  • Biggest five-year swings in Operating Expenses: fell 29.27% in 2023 and later increased 17.35% in 2025.
  • Year by year, Operating Expenses stood at $513.2 million in 2021, then fell by 14.79% to $437.3 million in 2022, then dropped by 29.27% to $309.3 million in 2023, then fell by 7.18% to $287.1 million in 2024, then grew by 17.35% to $336.9 million in 2025.
  • Business Quant data shows Operating Expenses for HLF at $336.9 million in Q4 2025, $447.6 million in Q3 2025, and $447.9 million in Q2 2025.