Starz Entertainment (STRZ) Operating Expenses (2009 - 2025)
Starz Entertainment's (STRZ) quarterly Operating Expenses came in at $355.7 million in Q3 2025, down 2.25% year-over-year from $363.9 million in Q3 2024, and down 56.6% quarter-over-quarter from $819.5 million in Q2 2025.
Analysis
Starz Entertainment (STRZ) Operating Expenses (2009 - 2025) Analysis & Trends
Starz Entertainment (STRZ) has reported Operating Expenses for 16 consecutive years, with $355.7 million the latest figure, recorded in Q3 2025.
- On a quarterly basis, Operating Expenses fell 2.25% year-over-year to $355.7 million in Q3 2025; TTM through Sep 2025 was $2.6 billion, a 981.12% increase from a year earlier, with the FY2026 full-year figure at $459.7 million, down 70.15% from the prior year.
- Operating Expenses was $355.7 million for Q3 2025 at Starz Entertainment, down from $819.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $1.8 billion in Q3 2023 and troughed at -$1.8 billion in Q1 2023.
- A 4-year average of $397.2 million and a median of $646.2 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 80.15% in 2024 and soared 142.81% in 2025, its largest moves.
- Over 4 years, Operating Expenses stood at $992.3 million in 2022, then grew by 2.65% to $1.0 billion in 2023, then slipped by 8.24% to $934.7 million in 2024, then sank by 61.95% to $355.7 million in 2025.
- The last three Operating Expenses figures came in at $355.7 million (Q3 2025), $819.5 million (Q2 2025), and $472.9 million (Q1 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warner Bros. Discovery | 70.72 Bn | 67.35 Bn | 4.10 Bn | 8.48 Bn |
| 2 | Fox | 25.12 Bn | 20.92 Bn | - | 2.38 Bn |
| 3 | Paramount Skydance | 11.97 Bn | 8.70 Bn | -2.08 Bn | -4.64 Bn |
| 4 | Versant Media | 5.38 Bn | 3.90 Bn | 994.00 Mn | 1.28 Bn |
| 5 | Nexstar Media | 5.15 Bn | 4.94 Bn | 1.06 Bn | 1.63 Bn |
| 6 | Newsmax | 1.39 Bn | 1.34 Bn | 23.33 Mn | 22.03 Mn |
| 7 | AMC Global Media | 520.06 Mn | 56.06 Mn | 258.71 Mn | 531.64 Mn |
| 8 | Gray Media | 470.89 Mn | 294.89 Mn | 270.00 Mn | 703.00 Mn |
| 9 | Starz Entertainment | 435.29 Mn | 333.19 Mn | - | - |
| 10 | E.W. Scripps | 296.07 Mn | 283.02 Mn | 196.33 Mn | 1.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 355.70 Mn |
| Jun 30, 2025 | 819.50 Mn |
| Mar 31, 2025 | 472.90 Mn |
| Dec 31, 2024 | 934.70 Mn |
| Sep 30, 2024 | 363.90 Mn |
| Jun 30, 2024 | 337.50 Mn |
| Mar 31, 2024 | -1.48 Bn |
| Dec 31, 2023 | 1.02 Bn |
| Sep 30, 2023 | 1.83 Bn |
| Jun 30, 2023 | 925.40 Mn |
| Mar 31, 2023 | -1.81 Bn |
| Dec 31, 2022 | 992.30 Mn |
| Mar 31, 2020 | 956.40 Mn |
| Dec 31, 2019 | 1.04 Bn |
| Sep 30, 2019 | 925.90 Mn |
| Jun 30, 2019 | 966.80 Mn |
| Mar 31, 2019 | 947.60 Mn |
| Dec 31, 2018 | 846.40 Mn |
| Sep 30, 2018 | 861.90 Mn |
| Jun 30, 2018 | 894.50 Mn |