Petmed Express (PETS) Operating Expenses (2010 - 2025)

Petmed Express has reported Operating Expenses for 16 years, with the latest figure at $19.9 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses rose 20.17% year-over-year to $19.9 million; the trailing twelve-month figure through Dec 2025 stood at $110.5 million (up 52.64% YoY), and the FY2025 full-year result was $70.7 million, down 23.96% from the prior year.
• Operating Expenses for Q4 2025 stood at $19.9 million, down from $20.8 million in the prior quarter.
• The five-year high for Operating Expenses was $48.5 million in Q2 2025, with the low at $11.1 million in Q3 2021.
• Historically, Operating Expenses has averaged $19.5 million across 5 years, with a median of $17.9 million in 2022.
• Annual changes were most pronounced in 2024 — Operating Expenses sank 46.0% — and 2025, when it surged 231.27%.
• Petmed Express' Operating Expenses stood at $12.6 million in 2021, then surged by 37.86% to $17.3 million in 2022, then gained by 29.74% to $22.5 million in 2023, then slipped by 26.3% to $16.6 million in 2024, then gained by 20.17% to $19.9 million in 2025.
• The last three Operating Expenses figures came in at $19.9 million (Q4 2025), $20.8 million (Q3 2025), and $48.5 million (Q2 2025), per Business Quant data.