Skillz (SKLZ) Operating Expenses (2020 - 2026)
Skillz (SKLZ) recorded quarterly Operating Expenses of $37.9 million in Q1 2026, down 18.06% on a QoQ basis from $46.2 million in Q4 2025, and up 1.3% year-over-year from $37.4 million in Q1 2025.
Skillz (SKLZ) Operating Expenses (2020 - 2026) Analysis & Trends
Skillz has disclosed Operating Expenses across 7 years of filings, most recently posting $37.9 million for Q1 2026.
- Quarterly Operating Expenses rose 1.3% year-over-year to $37.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $168.9 million (up 35.52% YoY) and the FY2025 annual result came in at $168.4 million, up 20.84% from the prior year.
- Operating Expenses slipped to $37.9 million in Q1 2026, from $46.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $237.9 million in Q1 2022 and troughed at -$297000.0 in Q2 2024.
- A 5-year average of $76.7 million and a median of $51.6 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses slumped 100.42% — and 2025, when it jumped 13971.04%.
- Tracing SKLZ's Operating Expenses over 5 years: stood at $186.1 million in 2022, then sank by 72.25% to $51.6 million in 2023, then fell by 18.67% to $42.0 million in 2024, then gained by 9.99% to $46.2 million in 2025, then decreased by 18.06% to $37.9 million in 2026.
- Business Quant data shows SKLZ's Operating Expenses at $37.9 million in Q1 2026, $46.2 million in Q4 2025, and $43.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electronic Arts | 50.76 Bn | 47.89 Bn | 1.76 Bn | 1.19 Bn |
| 2 | Take Two Interactive Software | 42.04 Bn | 40.05 Bn | 938.70 Mn | 927.80 Mn |
| 3 | Roblox | 34.08 Bn | 30.86 Bn | 1.15 Bn | 1.74 Bn |
| 4 | Playtika Holding | 1.32 Bn | 539.18 Mn | 384.10 Mn | 794.30 Mn |
| 5 | Sohu.com | 430.85 Mn | -399.49 Mn | 111.48 Mn | 118.21 Mn |
| 6 | Gdev | 221.62 Mn | 113.30 Mn | 75.00 Mn | -9.00 Mn |
| 7 | Meridian Holdings | 164.46 Mn | 149.93 Mn | 28.14 Mn | 24.99 Mn |
| 8 | Skillz | 132.36 Mn | -27.57 Mn | 25.51 Mn | 37.86 Mn |
| 9 | Brag House Holdings | 89.71 Mn | 89.57 Mn | - | 1.89 Mn |
| 10 | Playstudios | 70.83 Mn | -32.85 Mn | 37.39 Mn | 71.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.86 Mn |
| Dec 31, 2025 | 46.20 Mn |
| Sep 30, 2025 | 43.65 Mn |
| Jun 30, 2025 | 41.20 Mn |
| Mar 31, 2025 | 37.37 Mn |
| Dec 31, 2024 | 42.00 Mn |
| Sep 30, 2024 | 45.56 Mn |
| Jun 30, 2024 | -297,000.00 |
| Mar 31, 2024 | 52.11 Mn |
| Dec 31, 2023 | 51.65 Mn |
| Sep 30, 2023 | 67.86 Mn |
| Jun 30, 2023 | 70.42 Mn |
| Mar 31, 2023 | 76.45 Mn |
| Dec 31, 2022 | 186.10 Mn |
| Sep 30, 2022 | 139.18 Mn |
| Jun 30, 2022 | 127.87 Mn |
| Mar 31, 2022 | 237.92 Mn |
| Dec 31, 2021 | 213.82 Mn |
| Sep 30, 2021 | 184.59 Mn |
| Jun 30, 2021 | 140.13 Mn |