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-on-year from $363.9 million in Q3 2024, and up 2.63% on a QoQ basis from $346.6 million in Q2 2025.

Starz Entertainment (STRZ) Operating Expenses (2009 - 2025) Analysis & Trends

Starz Entertainment (STRZ) has 17 years of Operating Expenses data on file, last reported at $355.7 million in Q3 2025.

  • On a quarterly basis, Operating Expenses fell 2.25% year-over-year to $355.7 million in Q3 2025; TTM through Mar 2026 was $702.3 million, a 66.7% decrease from a year earlier, with the FY2026 full-year figure at $459.7 million, down 70.15% from the prior year.
  • Operating Expenses for Q3 2025 stood at $355.7 million, up from $346.6 million in the prior quarter.
  • Over the last five years, Operating Expenses for STRZ reached as high as $2.6 billion in Q3 2022 and fell as low as -$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.
  • Across the five-year window, Operating Expenses jumped 205.69% in 2022 and tumbled 284.28% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $876.1 million in 2021, then rose by 13.26% to $992.3 million in 2022, then advanced by 2.65% to $1.0 billion in 2023, then retreated by 8.24% to $934.7 million in 2024, then sank by 61.95% to $355.7 million in 2025.
  • Per Business Quant data, the three most recent Operating Expenses figures were $355.7 million in Q3 2025, $346.6 million in Q2 2025, and $472.9 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 1.32 Bn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn 21.38 Bn
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn 11.36 Bn
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn 1.52 Bn
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn 647.00 Mn
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 513.16 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn 1.26 Bn
8 Fox 20.85 Bn 17.36 Bn - 2.49 Bn
9 News 16.48 Bn 15.01 Bn - 952.00 Mn
10 Starz Entertainment 408.91 Mn 306.81 Mn - -

Historic Data

Download Data
DateValue
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