Marcus (MCS) Operating Expenses (2010 - 2026)
Marcus (MCS) posted Operating Expenses of $204.68 million for Q2 2026, up 6.0% from $193.04 million a year earlier and up 17.9% from the prior quarter.
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Analysis
Marcus (MCS) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Marcus was $757.52 million, up 0.7% year-over-year; for FY2025, it came in at $741.39 million, up 3.1% from FY2024.
- Annual Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- In prior years, Marcus' Operating Expenses was $719.39 million in FY2024 (+3.4%), $695.65 million in FY2023 (+4.0%), $669.09 million in FY2022 (+33.9%) and $499.7 million in FY2021 (+20.1%).
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q2 2019.
- On a year-over-year basis, Operating Expenses has increased in each of the last three quarters, with growth averaging 6.0% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q1 2022, with growth of 72.4%; the weakest was Q2 2024, with a decline of 6.7%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $173.67 million (Q1 2026), $191.76 million (Q4 2025) and $187.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Live Nation Entertainment | 40.51 Bn | 9.58 Bn | 1.94 Bn | 1.26 Bn |
| 2 | TKO Group Holdings | 34.58 Bn | 31.54 Bn | 990.96 Mn | 1.12 Bn |
| 3 | Liberty Media | 19.43 Bn | 14.75 Bn | 329.00 Mn | 846.00 Mn |
| 4 | Liberty Live Holdings | 8.93 Bn | 6.98 Bn | 30.26 Mn | 148.00 Mn |
| 5 | Madison Square Garden Entertainment | 3.31 Bn | 2.50 Bn | 75.84 Mn | 70.26 Mn |
| 6 | Amc Entertainment Holdings | 2.37 Bn | 456.31 Mn | 1.05 Bn | 1.36 Bn |
| 7 | Emerald Holding | 997.46 Mn | 523.66 Mn | 99.50 Mn | 71.90 Mn |
| 8 | Marcus | 882.04 Mn | 813.63 Mn | 106.56 Mn | 204.68 Mn |
| 9 | Reading International | 41.78 Mn | 12.09 Mn | 14.10 Mn | 59.42 Mn |
| 10 | Nip | 31.30 Mn | -28,742.19 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 204.68 Mn |
| Mar 31, 2026 | 173.67 Mn |
| Dec 31, 2025 | 191.76 Mn |
| Sep 30, 2025 | 187.42 Mn |
| Jun 30, 2025 | 193.04 Mn |
| Mar 31, 2025 | 169.18 Mn |
| Dec 26, 2024 | 190.50 Mn |
| Sep 26, 2024 | 199.89 Mn |
| Jun 27, 2024 | 173.80 Mn |
| Mar 28, 2024 | 155.21 Mn |
| Dec 28, 2023 | 160.36 Mn |
| Sep 28, 2023 | 187.83 Mn |
| Jun 29, 2023 | 186.20 Mn |
| Mar 30, 2023 | 161.26 Mn |
| Dec 29, 2022 | 165.69 Mn |
| Sep 29, 2022 | 174.70 Mn |
| Jun 30, 2022 | 179.66 Mn |
| Mar 31, 2022 | 149.04 Mn |
| Dec 30, 2021 | 155.00 Mn |
| Sep 30, 2021 | 139.59 Mn |
API Access
Marcus 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=MCS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MCS", "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=MCS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();