PENN Entertainment (PENN) Operating Expenses (2016 - 2025)
PENN Entertainment's Operating Expenses history spans 17 years, with the latest figure at $1.8 billion for Q4 2025.
- For Q4 2025, Operating Expenses rose 6.21% year-over-year to $1.8 billion; the TTM value through Dec 2025 reached $7.6 billion, up 17.35%, while the annual FY2025 figure was $7.6 billion, 17.35% up from the prior year.
- Operating Expenses for Q4 2025 was $1.8 billion at PENN Entertainment, down from $2.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.5 billion in Q3 2025 and bottomed at $1.1 billion in Q1 2021.
- The 5-year median for Operating Expenses is $1.5 billion (2022), against an average of $1.6 billion.
- The largest YoY upside for Operating Expenses was 148.01% in 2021 against a maximum downside of 36.88% in 2021.
- A 5-year view of Operating Expenses shows it stood at $1.3 billion in 2021, then fell by 0.27% to $1.3 billion in 2022, then rose by 26.89% to $1.7 billion in 2023, then grew by 0.78% to $1.7 billion in 2024, then rose by 6.21% to $1.8 billion in 2025.
- Per Business Quant, the three most recent readings for PENN's Operating Expenses are $1.8 billion (Q4 2025), $2.5 billion (Q3 2025), and $1.7 billion (Q2 2025).