Smith & Nephew (SNN) Operating Expenses (2009 - 2025)

Smith & Nephew (SNN) has reported Operating Expenses for 17 consecutive years, with -$47.0 million the latest figure, recorded in Q4 2025.

• Quarterly Operating Expenses rose 97.34% year-over-year to -$47.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was -$1.8 billion (up 62.7% YoY) and the FY2025 annual result came in at $3.4 billion, up 2.6% from the prior year.
• Operating Expenses grew to -$47.0 million in Q4 2025 per SNN's latest filing, from -$1.8 billion in the prior quarter.
• Over the last five years, Operating Expenses for SNN reached as high as -$47.0 million in Q4 2025 and fell as low as -$1.8 billion in Q4 2024.
• A 5-year average of -$1.3 billion and a median of -$1.6 billion in 2021 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2024 — Operating Expenses fell 12.18% — and 2025, when it soared 97.34%.
• Year by year, Operating Expenses stood at -$1.6 billion in 2021, then increased by 2.06% to -$1.5 billion in 2022, then dropped by 3.61% to -$1.6 billion in 2023, then fell by 12.18% to -$1.8 billion in 2024, then surged by 97.34% to -$47.0 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered -$47.0 million, -$1.8 billion, and -$1.6 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.