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M (MHO) Operating Expenses (2016 - 2025)

M (MHO) has disclosed Operating Expenses for 16 consecutive years, with $1.1 billion as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 3.1% to $1.1 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $3.9 billion through Dec 2025, up 3.19% year-over-year, with the annual reading at $3.9 billion for FY2025, 3.19% up from the prior year.
  • Operating Expenses for Q4 2025 was $1.1 billion at M, up from $992.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $1.1 billion in Q4 2025, with the low at $718.5 million in Q1 2021.
  • Average Operating Expenses over 5 years is $891.1 million, with a median of $865.5 million recorded in 2023.
  • The sharpest move saw Operating Expenses soared 33.99% in 2021, then dropped 20.73% in 2023.
  • Over 5 years, Operating Expenses stood at $910.4 million in 2021, then increased by 15.64% to $1.1 billion in 2022, then decreased by 20.73% to $834.6 million in 2023, then rose by 23.98% to $1.0 billion in 2024, then increased by 3.1% to $1.1 billion in 2025.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $1.1 billion, $992.0 million, and $1.0 billion for Q4 2025, Q3 2025, and Q2 2025 respectively.