SNDL Inc. (SNDL) Operating Expenses (2018 - 2026)
Sndl (SNDL) posted Operating Expenses of $31.6 million for Q2 2026, down 5.4% from $33.42 million a year earlier and down 7.4% from the prior quarter.
SNDL Inc. (SNDL) Operating Expenses (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Sndl was $132.78 million, down 2.7% year-over-year; for FY2025, it was $133.12 million, down 4.2% from FY2024.
- Annual Operating Expenses shows a five-year compound annual growth rate of 239.9% (FY2020 to FY2025).
- In prior years, Sndl's Operating Expenses was $138.96 million in FY2024 (-14.6%), $162.78 million in FY2023, $78,455 in FY2022 (-48.5%) and $152,409 in FY2021 (-48.0%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q2 2022.
- On a year-over-year basis, Operating Expenses increased in three of the last eight quarters, with an average decline of 5.4%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2022, with growth of 791.7%; the weakest was Q1 2024, with a decline of 82.1%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $34.11 million (Q1 2026), $32.73 million (Q4 2025) and $34.34 million (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.60 Mn |
| Mar 31, 2026 | 34.11 Mn |
| Dec 31, 2025 | 32.73 Mn |
| Sep 30, 2025 | 34.34 Mn |
| Jun 30, 2025 | 33.42 Mn |
| Mar 31, 2025 | 32.61 Mn |
| Dec 31, 2024 | 32.41 Mn |
| Sep 30, 2024 | 38.10 Mn |
| Jun 30, 2024 | 35.36 Mn |
| Mar 31, 2024 | 33.13 Mn |
| Dec 31, 2023 | 14.41 Bn |
| Sep 30, 2023 | 36.55 Mn |
| Jun 30, 2023 | 42.28 Mn |
| Mar 31, 2023 | 185.28 Mn |
| Dec 31, 2022 | 32.54 Mn |
| Sep 30, 2022 | 35.35 Mn |
| Jun 30, 2022 | 31.22 Mn |
| Mar 31, 2022 | 255.82 Mn |
| Dec 31, 2021 | 108.44 Mn |
| Sep 30, 2021 | 3.96 Mn |
SNDL Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNDL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "SNDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();