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
DateValue
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