Starz Entertainment (STRZ) Operating Expenses (2009 - 2025)
Starz Entertainment (STRZ) posted quarterly Operating Expenses of $355.7 million for Q3 2025, down 2.25% year-over-year from $363.9 million in Q3 2024, and up 2.63% quarter-over-quarter from $346.6 million in Q2 2025.
Starz Entertainment (STRZ) Operating Expenses (2009 - 2025) Analysis & Trends
Starz Entertainment (STRZ) has reported Operating Expenses for 17 consecutive years, with $355.7 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Operating Expenses fell 2.25% year-over-year to $355.7 million; the TTM figure through Mar 2026 stood at $702.3 million (down 66.7% YoY), while the FY2026 annual figure was $459.7 million, down 70.15% from the prior year.
- Operating Expenses grew to $355.7 million in Q3 2025 per STRZ's latest filing, from $346.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.6 billion in Q3 2022 and bottomed at -$1.8 billion in Q1 2023.
- Historically, Operating Expenses has averaged $649.2 million across 5 years, with a median of $876.1 million in 2021.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 205.69% — and 2023, when it sank 284.28%.
- Starz Entertainment's Operating Expenses stood at $876.1 million in 2021, then grew by 13.26% to $992.3 million in 2022, then rose by 2.65% to $1.0 billion in 2023, then declined by 8.24% to $934.7 million in 2024, then sank by 61.95% to $355.7 million in 2025.
- Business Quant data shows STRZ's Operating Expenses at $355.7 million in Q3 2025, $346.6 million in Q2 2025, and $472.9 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 1.32 Bn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | 20.49 Bn |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | 8.48 Bn |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | 1.24 Bn |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | 2.38 Bn |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | 846.00 Mn |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 527.52 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | 991.00 Mn |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | 1.12 Bn |
| 10 | Starz Entertainment | 429.41 Mn | 327.31 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 355.70 Mn |
| Jun 30, 2025 | 346.60 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 |
| Sep 30, 2022 | 2.62 Bn |
| Jun 30, 2022 | 962.10 Mn |
| Mar 31, 2022 | 980.30 Mn |
| Dec 31, 2021 | 876.10 Mn |
| Sep 30, 2021 | 858.00 Mn |
| Jun 30, 2021 | 880.90 Mn |
| Mar 31, 2021 | 862.20 Mn |
| Dec 31, 2020 | 799.30 Mn |