ONE Group Hospitality (STKS) Operating Expenses (2010 - 2026)
ONE Group Hospitality (STKS) posted Operating Expenses of $193.92 million for Q2 2026, down 6.2% from $206.72 million a year earlier and down 2.5% from the prior quarter.
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Analysis
ONE Group Hospitality (STKS) Operating Expenses (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 28, 2026, Operating Expenses at ONE Group Hospitality was $783.44 million, down 3.8% year-over-year; for FY2025, it was $797.72 million, up 20.1% from FY2024.
- Annual Operating Expenses has increased for seven consecutive years, with a five-year compound annual growth rate of 38.7% (FY2020 to FY2025).
- In prior years, ONE Group Hospitality's Operating Expenses was $664.45 million in FY2024 (+105.4%), $323.48 million in FY2023 (+7.7%), $300.33 million in FY2022 (+16.5%) and $257.79 million in FY2021 (+65.6%).
- Quarterly Operating Expenses has run from a low of $66.81 million in Q3 2021 to a high of $209.77 million in Q4 2024 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last four quarters, with growth averaging 54.6% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2024, with growth of 150.7%; the weakest was Q2 2026, with a decline of 6.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $198.92 million (Q1 2026), $202.53 million (Q4 2025) and $188.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 165.31 Bn | 160.13 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 108.61 Bn | 96.24 Bn | - | 8.42 Bn |
| 3 | Chipotle Mexican Grill | 40.32 Bn | 36.30 Bn | - | 2.82 Bn |
| 4 | Yum Brands | 37.73 Bn | 34.61 Bn | 1.47 Bn | 1.51 Bn |
| 5 | Restaurant Brands International | 24.95 Bn | 22.05 Bn | 1.38 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 22.46 Bn | 21.57 Bn | -113.70 Mn | 3.20 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 14.17 Bn | 8.53 Bn | 537.00 Mn | 2.79 Bn |
| 9 | Texas Roadhouse | 10.39 Bn | 9.75 Bn | - | 1.54 Bn |
| 10 | ONE Group Hospitality | 52.94 Mn | 26.31 Mn | - | 193.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 193.92 Mn |
| Mar 29, 2026 | 198.92 Mn |
| Dec 28, 2025 | 202.53 Mn |
| Sep 28, 2025 | 188.07 Mn |
| Jun 29, 2025 | 206.72 Mn |
| Mar 30, 2025 | 200.40 Mn |
| Dec 31, 2024 | 209.77 Mn |
| Sep 30, 2024 | 197.62 Mn |
| Jun 30, 2024 | 171.44 Mn |
| Mar 31, 2024 | 85.62 Mn |
| Dec 31, 2023 | 85.01 Mn |
| Sep 30, 2023 | 78.84 Mn |
| Jun 30, 2023 | 81.35 Mn |
| Mar 31, 2023 | 78.28 Mn |
| Dec 31, 2022 | 82.45 Mn |
| Sep 30, 2022 | 72.53 Mn |
| Jun 30, 2022 | 75.37 Mn |
| Mar 31, 2022 | 69.98 Mn |
| Dec 31, 2021 | 78.35 Mn |
| Sep 30, 2021 | 66.81 Mn |
API Access
ONE Group Hospitality 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=STKS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "STKS", "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=STKS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();