Starz Entertainment (STRZ) Operating Expenses (2009 - 2025)
Starz Entertainment (STRZ) reported 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 17 years of Operating Expenses data on file, last reported at $355.7 million in Q3 2025.
- Operating Expenses for Q3 2025 came in at $355.7 million, down 2.25% year-over-year; the trailing twelve-month figure through Mar 2026 was $702.3 million (down 66.7% YoY), and the FY2026 annual result was $459.7 million, down 70.15% from the prior year.
- Operating Expenses climbed to $355.7 million in Q3 2025 per STRZ's latest filing, from $346.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $2.6 billion in Q3 2022 and troughed at -$1.8 billion in Q1 2023.
- A 5-year average of $649.2 million and a median of $876.1 million in 2021 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 205.69% in 2022, then sank 284.28% in 2023.
- A 5-year view of Operating Expenses shows it stood at $876.1 million in 2021, then climbed by 13.26% to $992.3 million in 2022, then increased by 2.65% to $1.0 billion in 2023, then dropped by 8.24% to $934.7 million in 2024, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 327.69 Bn | 315.40 Bn | 11.41 Bn | 1.56 Bn |
| 2 | Walt Disney | 184.70 Bn | 191.31 Bn | 23.68 Bn | 21.38 Bn |
| 3 | Warner Bros. Discovery | 65.23 Bn | 63.09 Bn | 4.25 Bn | 11.36 Bn |
| 4 | Brera Holdings | 53.07 Bn | 53.07 Bn | - | 1.60 Mn |
| 5 | Live Nation Entertainment | 39.71 Bn | 31.25 Bn | 1.31 Bn | 1.06 Bn |
| 6 | Liberty Media | 21.13 Bn | 21.80 Bn | 298.00 Mn | 647.00 Mn |
| 7 | Fox | 20.41 Bn | 16.92 Bn | - | 2.49 Bn |
| 8 | Roku | 20.39 Bn | 18.01 Bn | 564.94 Mn | 513.16 Mn |
| 9 | News | 15.92 Bn | 14.45 Bn | - | 952.00 Mn |
| 10 | Starz Entertainment | 482.50 Mn | 380.40 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 |