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| Date | Value |
|---|---|
| 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 |