Seaport Entertainment (SEG) Operating Expenses (2023 - 2026)
Seaport Entertainment (SEG) recorded Operating Expenses of $43.29 million in Q2 2026, down 22.3% from $55.68 million a year earlier and down 17.8% from the prior quarter.
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Analysis
Seaport Entertainment (SEG) Operating Expenses (2023 - 2026) Analysis & Trends
On a TTM basis, Seaport Entertainment's Operating Expenses came in at $226.22 million as of Jun 30, 2026, up 3.4% year-over-year; for FY2025, it came in at $234.72 million, up 7.1% from FY2024.
- Annual Operating Expenses has increased for three straight years, with a three-year compound annual growth rate of 7.9% (FY2022 to FY2025).
- Across earlier years, Operating Expenses came in at $219.14 million in FY2024 (+10.1%), $199.06 million in FY2023 (+6.6%) and $186.65 million in FY2022.
- The Q2 2026 figure is the lowest quarterly Operating Expenses in data going back to Q2 2023.
- On a year-over-year basis, Operating Expenses rose in six of the last eight quarters, with growth averaging 4.3%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 15.5% in Q4 2025, against a decline of 22.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.67 million (Q1 2026), $57.81 million (Q4 2025) and $72.46 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Las Vegas Sands | 24.50 Bn | 10.92 Bn | 1.48 Bn | 2.54 Bn |
| 2 | DraftKings | 16.89 Bn | 12.55 Bn | 551.45 Mn | 297.09 Mn |
| 3 | Flutter Entertainment | 12.94 Bn | 6.68 Bn | 1.71 Bn | 845.00 Mn |
| 4 | Madison Square Garden Sports | 9.77 Bn | 9.37 Bn | 119.21 Mn | 86.28 Mn |
| 5 | Life Time Group Holdings | 8.91 Bn | 8.14 Bn | 412.26 Mn | 716.29 Mn |
| 6 | Wynn Resorts | 8.21 Bn | 1.77 Bn | 758.95 Mn | 1.56 Bn |
| 7 | MGM Resorts International | 7.81 Bn | -371.12 Mn | 1.98 Bn | 3.97 Bn |
| 8 | Caesars Entertainment | 6.04 Bn | 2.66 Bn | 1.50 Bn | 2.48 Bn |
| 9 | Super Group (SGHC) | 5.74 Bn | 3.73 Bn | - | -50.00 Mn |
| 10 | Seaport Entertainment | 292.59 Mn | -114.15 Mn | 11.36 Mn | 43.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.29 Mn |
| Mar 31, 2026 | 52.67 Mn |
| Dec 31, 2025 | 57.81 Mn |
| Sep 30, 2025 | 72.46 Mn |
| Jun 30, 2025 | 55.68 Mn |
| Mar 31, 2025 | 48.77 Mn |
| Dec 31, 2024 | 50.04 Mn |
| Sep 30, 2024 | 64.32 Mn |
| Jun 30, 2024 | 58.94 Mn |
| Mar 31, 2024 | 45.84 Mn |
| Dec 31, 2023 | 46.92 Mn |
| Sep 30, 2023 | 56.91 Mn |
| Jun 30, 2023 | 54.15 Mn |
API Access
Seaport Entertainment Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SEG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SEG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SEG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();