Lee Enterprises (LEE) Operating Expenses (2010 - 2026)
Lee Enterprises' (LEE) quarterly Operating Expenses came in at $118.3 million in Q2 2026, down 13.88% on a YoY basis from $137.3 million in Q2 2025, and up 3.35% quarter-over-quarter from $114.4 million in Q1 2026.
Analysis
Lee Enterprises (LEE) Operating Expenses (2010 - 2026) Analysis & Trends
Lee Enterprises (LEE) has reported Operating Expenses for 17 consecutive years, with $118.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 13.88% year-over-year to $118.3 million; the trailing twelve-month figure through Jun 2026 stood at $500.5 million (down 15.5% YoY), and the FY2025 full-year result was $571.3 million, down 6.56% from the prior year.
- Operating Expenses improved to $118.3 million in Q2 2026 per LEE's latest filing, from $114.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $198.6 million in Q3 2022 and bottomed at $114.4 million in Q1 2026.
- Historically, Operating Expenses has averaged $154.7 million across 5 years, with a median of $150.8 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses advanced 9.17% in 2022, then decreased 21.39% in 2023.
- Over 5 years, Operating Expenses stood at $175.6 million in 2022, then fell by 14.94% to $149.4 million in 2023, then declined by 0.23% to $149.0 million in 2024, then fell by 15.5% to $125.9 million in 2025, then fell by 6.09% to $118.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $118.3 million, $114.4 million, and $125.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | News | 18.43 Bn | 16.33 Bn | - | 991.00 Mn |
| 2 | New York Times | 10.84 Bn | 10.17 Bn | 394.61 Mn | 644.44 Mn |
| 3 | 36Kr Holdings | 6.01 Bn | 5.99 Bn | - | - |
| 4 | John Wiley & Sons | 2.46 Bn | 2.35 Bn | 285.49 Mn | 383.42 Mn |
| 5 | McGraw Hill | 2.34 Bn | 2.15 Bn | 439.20 Mn | 324.92 Mn |
| 6 | Ziff Davis | 2.01 Bn | 405.04 Mn | 241.03 Mn | 331.46 Mn |
| 7 | Usa Today | 922.25 Mn | 835.59 Mn | 208.25 Mn | 156.72 Mn |
| 8 | Daily Journal | 875.63 Mn | 438.54 Mn | 26.82 Mn | 21.71 Mn |
| 9 | Scholastic | 841.11 Mn | 706.21 Mn | 285.70 Mn | 424.70 Mn |
| 10 | Lee Enterprises | 168.86 Mn | 109.43 Mn | 63.89 Mn | 118.26 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 118.26 Mn |
| Mar 29, 2026 | 114.43 Mn |
| Dec 28, 2025 | 125.93 Mn |
| Sep 28, 2025 | 141.88 Mn |
| Jun 29, 2025 | 137.32 Mn |
| Mar 30, 2025 | 143.04 Mn |
| Dec 29, 2024 | 149.04 Mn |
| Sep 29, 2024 | 162.94 Mn |
| Jun 23, 2024 | 146.78 Mn |
| Mar 24, 2024 | 152.31 Mn |
| Dec 24, 2023 | 149.39 Mn |
| Sep 24, 2023 | 156.08 Mn |
| Jun 25, 2023 | 160.30 Mn |
| Mar 26, 2023 | 168.50 Mn |
| Dec 25, 2022 | 175.62 Mn |
| Sep 25, 2022 | 198.56 Mn |
| Jun 26, 2022 | 189.65 Mn |
| Mar 27, 2022 | 194.65 Mn |
| Dec 26, 2021 | 178.92 Mn |
| Sep 26, 2021 | 181.87 Mn |