Champion Homes (SKY) Operating Expenses (2010 - 2025)
Champion Homes (SKY) reported Operating Expenses of $109.7 million for Q4 2025, up 1.4% on a YoY basis from $108.2 million in Q4 2024, and down 3.0% quarter-over-quarter from $113.1 million in Q3 2025.
Champion Homes (SKY) Operating Expenses (2010 - 2025) Analysis & Trends
Champion Homes has reported Operating Expenses for 16 years, with the latest figure at $109.7 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 1.4% year-over-year to $109.7 million; the trailing twelve-month figure through Dec 2025 stood at $444.4 million (up 9.12% YoY), and the FY2025 full-year result was $427.0 million, up 37.48% from the prior year.
- Operating Expenses for Q4 2025 stood at $109.7 million, down from $113.1 million in the prior quarter.
- The five-year high for Operating Expenses was $113.1 million in Q3 2025, with the low at $52.5 million in Q2 2021.
- Historically, Operating Expenses has averaged $84.0 million across 5 years, with a median of $79.5 million in 2022.
- Annual changes were most pronounced in 2023 — Operating Expenses retreated 23.19% — and 2024, when it jumped 54.61%.
- Champion Homes' Operating Expenses stood at $61.3 million in 2021, then advanced by 17.09% to $71.8 million in 2022, then advanced by 18.48% to $85.1 million in 2023, then climbed by 27.17% to $108.2 million in 2024, then climbed by 1.4% to $109.7 million in 2025.
- The last three Operating Expenses figures came in at $109.7 million (Q4 2025), $113.1 million (Q3 2025), and $111.3 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 903.30 Mn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 380.33 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 6.40 Bn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 156.97 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 258.25 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 58.97 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 154.70 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 51.40 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 81.36 Mn |
| 10 | Champion Homes | 4.39 Bn | 3.74 Bn | 172.19 Mn | 109.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 27, 2025 | 109.73 Mn |
| Sep 27, 2025 | 113.12 Mn |
| Jun 28, 2025 | 111.31 Mn |
| Mar 29, 2025 | 110.30 Mn |
| Dec 28, 2024 | 108.21 Mn |
| Sep 28, 2024 | 99.66 Mn |
| Jun 29, 2024 | 108.83 Mn |
| Mar 30, 2024 | 90.61 Mn |
| Dec 30, 2023 | 85.09 Mn |
| Sep 30, 2023 | 64.45 Mn |
| Jul 1, 2023 | 70.44 Mn |
| Apr 1, 2023 | 72.38 Mn |
| Dec 31, 2022 | 71.82 Mn |
| Oct 1, 2022 | 83.92 Mn |
| Jul 2, 2022 | 72.28 Mn |
| Apr 2, 2022 | 75.03 Mn |
| Jan 1, 2022 | 65.83 Mn |
| Oct 2, 2021 | 61.34 Mn |
| Jul 3, 2021 | 54.02 Mn |
| Apr 3, 2021 | 52.47 Mn |