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
DateValue
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