Sally Beauty Holdings (SBH) Operating Expenses (2009 - 2026)
Sally Beauty Holdings (SBH) posted Operating Expenses of $403.8 million for Q1 2026, down 0.86% on a QoQ basis from $407.3 million in Q4 2025, and up 3.7% year-over-year from $389.4 million in Q1 2025.
Sally Beauty Holdings (SBH) Operating Expenses (2009 - 2026) Analysis & Trends
Sally Beauty Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $403.8 million for Q1 2026.
- Quarterly Operating Expenses rose 3.7% year-over-year to $403.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (up 3.57% YoY) and the FY2025 annual result came in at $1.6 billion, down 1.53% from the prior year.
- Operating Expenses was $403.8 million for Q1 2026 at Sally Beauty Holdings, down from $407.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $424.3 million in Q3 2022 and bottomed at $376.5 million in Q4 2024.
- A 5-year average of $398.2 million and a median of $398.1 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 8.86% — and 2023, when it slipped 8.17%.
- Sally Beauty Holdings' Operating Expenses stood at $402.0 million in 2022, then dropped by 0.98% to $398.1 million in 2023, then declined by 5.41% to $376.5 million in 2024, then rose by 8.18% to $407.3 million in 2025, then declined by 0.86% to $403.8 million in 2026.
- Business Quant data shows SBH's Operating Expenses at $403.8 million in Q1 2026, $407.3 million in Q4 2025, and $414.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.57 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -290.69 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 941.15 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Sally Beauty Holdings | 1.49 Bn | 1.33 Bn | 475.77 Mn | 403.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 403.84 Mn |
| Dec 31, 2025 | 407.32 Mn |
| Sep 30, 2025 | 414.16 Mn |
| Jun 30, 2025 | 402.81 Mn |
| Mar 31, 2025 | 389.44 Mn |
| Dec 31, 2024 | 376.52 Mn |
| Sep 30, 2024 | 396.94 Mn |
| Jun 30, 2024 | 409.11 Mn |
| Mar 31, 2024 | 403.50 Mn |
| Dec 31, 2023 | 398.05 Mn |
| Sep 30, 2023 | 389.65 Mn |
| Jun 30, 2023 | 384.58 Mn |
| Mar 31, 2023 | 396.93 Mn |
| Dec 31, 2022 | 401.99 Mn |
| Sep 30, 2022 | 424.30 Mn |
| Jun 30, 2022 | 391.01 Mn |
| Mar 31, 2022 | 378.87 Mn |
| Dec 31, 2021 | 387.35 Mn |
| Sep 30, 2021 | 389.78 Mn |
| Jun 30, 2021 | 386.99 Mn |