Sally Beauty Holdings (SBH) Operating Expenses (2009 - 2026)
Sally Beauty Holdings' (SBH) quarterly Operating Expenses came in at $403.8 million in Q1 2026, up 3.7% YoY from $389.4 million in Q1 2025, and down 0.86% on a QoQ basis from $407.3 million in Q4 2025.
Sally Beauty Holdings (SBH) Operating Expenses (2009 - 2026) Analysis & Trends
Sally Beauty Holdings (SBH) has 18 years of Operating Expenses data on file, last reported at $403.8 million in 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 slipped to $403.8 million in Q1 2026, from $407.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $424.3 million in Q3 2022 to a low of $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 advanced 8.86% — and 2023, when it fell 8.17%.
- Tracing SBH's Operating Expenses over 5 years: stood at $402.0 million in 2022, then decreased by 0.98% to $398.1 million in 2023, then slipped by 5.41% to $376.5 million in 2024, then grew by 8.18% to $407.3 million in 2025, then slipped by 0.86% to $403.8 million in 2026.
- The last three Operating Expenses figures came in at $403.8 million (Q1 2026), $407.3 million (Q4 2025), and $414.2 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | Sally Beauty Holdings | 1.54 Bn | 1.37 Bn | 490.25 Mn | 403.85 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 403.85 Mn |
| 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 |