Super Group (SGHC) (SGHC) Operating Expenses (2021 - 2026)

Super Group (SGHC) (SGHC) reported Operating Expenses of -$48.0 million for Q1 2026, down 11.63% year-over-year from -$54.3 million in Q1 2025, and down 115.38% quarter-over-quarter from $312.0 million in Q4 2025.

Super Group (SGHC) (SGHC) Operating Expenses (2021 - 2026) Analysis & Trends

Super Group (SGHC) (SGHC) has 6 years of Operating Expenses data on file, last reported at -$48.0 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$48.0 million, down 11.63% year-over-year; the trailing twelve-month figure through Mar 2026 was $129.0 million (down 24.37% YoY), and the FY2025 annual result was $176.0 million, changed 0.38% from the prior year.
  • Operating Expenses slipped to -$48.0 million in Q1 2026 per SGHC's latest filing, from $312.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $312.0 million in Q4 2025 and troughed at -$90.0 million in Q2 2025.
  • A 5-year average of $34.2 million and a median of -$41.2 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 2548.46% in 2022, then slumped 163.19% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $258.6 million in 2022, then rose by 8.71% to $281.1 million in 2023, then climbed by 6.95% to $300.6 million in 2024, then increased by 3.78% to $312.0 million in 2025, then slumped by 115.38% to -$48.0 million in 2026.
  • Business Quant data shows SGHC's Operating Expenses at -$48.0 million in Q1 2026, $312.0 million in Q4 2025, and -$45.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Flutter Entertainment 17.90 Bn 16.81 Bn 1.84 Bn 792.00 Mn
2 DraftKings 13.03 Bn 12.02 Bn 696.69 Mn 289.11 Mn
3 Churchill Downs 6.18 Bn 6.02 Bn 475.00 Mn 520.00 Mn
4 Rush Street Interactive 2.98 Bn 2.81 Bn 132.17 Mn 327.58 Mn
5 Brightstar Lottery 2.10 Bn 1.86 Bn 553.00 Mn 60.00 Mn
6 Accel Entertainment 1.07 Bn 801.63 Mn 109.94 Mn 324.48 Mn
7 Codere Online Luxembourg 539.90 Mn 470.47 Mn - -
8 Bragg Gaming 273.64 Mn 265.89 Mn 18.22 Mn 17.75 Mn
9 Inspired Entertainment 234.31 Mn 190.81 Mn 54.60 Mn 24.30 Mn
10 Super Group (SGHC) 227,353.60 -424.77 Mn - -48.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -48.00 Mn
Dec 31, 2025 312.00 Mn
Sep 30, 2025 -45.00 Mn
Jun 30, 2025 -90.00 Mn
Mar 31, 2025 -43.00 Mn
Dec 31, 2024 300.63 Mn
Sep 30, 2024 -45.43 Mn
Jun 30, 2024 -41.64 Mn
Mar 31, 2024 -42.59 Mn
Dec 31, 2023 281.10 Mn
Sep 30, 2023 -42.25 Mn
Jun 30, 2023 -41.23 Mn
Mar 31, 2023 -39.27 Mn
Dec 31, 2022 258.59 Mn
Sep 30, 2022 -37.22 Mn
Jun 30, 2022 -40.29 Mn
Mar 31, 2022 -14.92 Mn
Dec 31, 2021 9.76 Mn
Sep 30, 2021 -38.96 Mn
Jun 30, 2021 -42.68 Mn