Bae Systems annual operating expenses
2020
2021
2022
2023
2024
2025
Bae Systems Operating Expenses Growth & History (BA.)
Bae Systems's operating expenses was £25.84B for fiscal 2025.
View full Bae Systems company overviewBae Systems annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £25.84B | £1.73B | +7.18% |
| 2024 | 2024-12-31 | £24.11B | £3.19B | +15.25% |
| 2023 | 2023-12-31 | £20.92B | £1.65B | +8.55% |
| 2022 | 2022-12-31 | £19.27B | £1.53B | +8.60% |
| 2021 | 2021-12-31 | £17.74B | £57.0M | +0.32% |
| 2020 | 2020-12-31 | £17.69B | — | — |
Bae Systems operating expenses trends
Over the last five fiscal years, Bae Systems's operating expenses increased from £17.69B to £25.84B, a change of £8.15B.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
reported and calculated operating expenses
TickerStat uses operating expenses reported in company official filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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