Venu Holding (VENU) Operating Expenses (2023 - 2026)
Venu Holding (VENU) posted Operating Expenses of $20.13 million for Q2 2026, up 36.1% from $14.79 million a year earlier and up 30.9% from the prior quarter.
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Analysis
Venu Holding (VENU) Operating Expenses (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Venu Holding was $69.61 million, up 23.0% year-over-year; for FY2025, it was $70.93 million, up 56.9% from FY2024.
- In prior years, Venu Holding's Operating Expenses was $45.21 million in FY2024 (+90.5%) and $23.73 million in FY2023.
- The Q2 2026 figure stands as the highest quarterly Operating Expenses since Q1 2025.
- On a year-over-year basis, Operating Expenses increased in seven of the last eight quarters, with growth averaging 43.1%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2025, with growth of 75.9%; the weakest was Q1 2026, with a decline of 30.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $15.39 million (Q1 2026), $18.74 million (Q4 2025) and $15.36 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Wynn Resorts | 44.86 Bn | 38.23 Bn | 655.12 Mn | 1.51 Bn |
| 2 | Vail Resorts | 28.33 Bn | 27.04 Bn | - | 663.10 Mn |
| 3 | Las Vegas Sands | 25.59 Bn | 12.41 Bn | 1.47 Bn | 2.60 Bn |
| 4 | DraftKings | 17.25 Bn | 13.04 Bn | 429.05 Mn | 316.52 Mn |
| 5 | Flutter Entertainment | 14.34 Bn | 7.97 Bn | 1.52 Bn | 1.00 Bn |
| 6 | Life Time Group Holdings | 10.65 Bn | 9.82 Bn | 419.01 Mn | 735.52 Mn |
| 7 | MGM Resorts International | 8.32 Bn | -116.89 Mn | 1.73 Bn | 4.12 Bn |
| 8 | MSG Knickerbockers | 7.63 Bn | 7.24 Bn | 36.67 Mn | 61.34 Mn |
| 9 | Light & Wonder | 7.12 Bn | 6.42 Bn | 623.00 Mn | 428.00 Mn |
| 10 | Venu Holding | 67.27 Mn | -7.51 Mn | 1.60 Mn | 20.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.13 Mn |
| Mar 31, 2026 | 15.39 Mn |
| Dec 31, 2025 | 18.74 Mn |
| Sep 30, 2025 | 15.36 Mn |
| Jun 30, 2025 | 14.79 Mn |
| Mar 31, 2025 | 22.04 Mn |
| Dec 31, 2024 | 10.65 Mn |
| Sep 30, 2024 | 9.13 Mn |
| Jun 30, 2024 | 8.53 Mn |
| Mar 31, 2024 | 16.91 Mn |
| Dec 31, 2023 | 6.90 Mn |
| Sep 30, 2023 | 6.67 Mn |
API Access
Venu Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VENU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VENU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VENU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();