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| 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 |