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% on a QoQ basis from $312.0 million in Q4 2025.
Super Group (SGHC) (SGHC) has 6 years of Operating Expenses data on file, last reported at -$48.0 million in Q1 2026.
- Quarterly Operating Expenses fell 11.63% year-over-year to -$48.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $219.0 million (up 28.4% YoY) and the FY2025 annual result came in at $176.0 million, changed 0.38% from the prior year.
- Operating Expenses eased to -$48.0 million in Q1 2026 per SGHC's latest filing, from $312.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $312.0 million in Q4 2025 and bottomed at -$48.0 million in Q1 2026.
- The 5-year median for Operating Expenses is -$40.8 million (2023), against an average of $42.0 million.
- The widest annual swing landed in 2022, when Operating Expenses jumped 2548.46%; it then plunged 163.19% in 2023.
- Tracing SGHC's Operating Expenses over 5 years: stood at $258.6 million in 2022, then grew by 8.71% to $281.1 million in 2023, then gained by 6.95% to $300.6 million in 2024, then climbed by 3.78% to $312.0 million in 2025, then plunged by 115.38% to -$48.0 million in 2026.
- Per Business Quant, the three latest SGHC Operating Expenses figures stand at -$48.0 million (Q1 2026), $312.0 million (Q4 2025), and -$45.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Flutter Entertainment | 18.39 Bn | 17.30 Bn | 1.84 Bn | 792.00 Mn |
| 2 | DraftKings | 13.23 Bn | 12.22 Bn | 696.69 Mn | 289.11 Mn |
| 3 | Churchill Downs | 6.28 Bn | 6.13 Bn | 475.00 Mn | 520.00 Mn |
| 4 | Rush Street Interactive | 2.60 Bn | 2.43 Bn | 132.17 Mn | 327.58 Mn |
| 5 | Brightstar Lottery | 2.28 Bn | 2.94 Bn | - | - |
| 6 | Accel Entertainment | 1.01 Bn | 735.58 Mn | 109.94 Mn | 324.48 Mn |
| 7 | Codere Online Luxembourg | 490.38 Mn | 420.96 Mn | - | - |
| 8 | Bragg Gaming | 269.74 Mn | 261.99 Mn | 18.22 Mn | 128.91 Mn |
| 9 | Inspired Entertainment | 233.43 Mn | 189.93 Mn | 54.60 Mn | 24.30 Mn |
| 10 | Super Group (SGHC) | 223,416.00 | -424.78 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 |
| 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 |
| Mar 31, 2021 | -52.61 Mn |