Herbalife Operating Expenses Growth & History (HLF)
Herbalife's operating expenses was $3.44B for fiscal 2025.
View full Herbalife company overviewHerbalife annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.44B | −$61.0M | −1.74% |
| 2024 | 2024-12-31 | $3.50B | −$12.1M | −0.34% |
| 2023 | 2023-12-31 | $3.52B | $29.4M | +0.84% |
| 2022 | 2022-12-31 | $3.49B | −$343.8M | −8.98% |
| 2021 | 2021-12-31 | $3.83B | $78.8M | +2.10% |
| 2020 | 2020-12-31 | $3.75B | $399.6M | +11.92% |
| 2019 | 2019-12-31 | $3.35B | $61.6M | +1.87% |
| 2018 | 2018-12-31 | $3.29B | $327.4M | +11.05% |
| 2017 | 2017-12-31 | $2.96B | −$213.7M | −6.73% |
| 2016 | 2016-12-31 | $3.18B | $146.3M | +4.83% |
| 2015 | 2015-12-31 | $3.03B | −$432.8M | −12.50% |
| 2014 | 2014-12-31 | $3.46B | $335.6M | +10.73% |
| 2013 | 2013-12-31 | $3.13B | $528.3M | +20.33% |
| 2012 | 2012-12-31 | $2.60B | $386.1M | +17.45% |
| 2011 | 2011-12-31 | $2.21B | $424.3M | +23.73% |
| 2010 | 2010-12-31 | $1.79B | $252.5M | +16.44% |
| 2009 | 2009-12-31 | $1.54B | −$33.2M | −2.11% |
| 2008 | 2008-12-31 | $1.57B | — | — |
Herbalife quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $902.2M | $52.6M | +6.19% |
| Q1 2026 | 2026-03-31 | $887.7M | $54.0M | +6.48% |
| Q4 2025 | 2025-12-31 | $894.9M | $61.5M | +7.38% |
| Q3 2025 | 2025-09-30 | $863.7M | $19.2M | +2.27% |
| Q2 2025 | 2025-06-30 | $849.6M | −$68.0M | −7.41% |
| Q1 2025 | 2025-03-31 | $833.7M | −$73.7M | −8.12% |
| Q4 2024 | 2024-12-31 | $833.4M | −$38.2M | −4.38% |
| Q3 2024 | 2024-09-30 | $844.5M | −$26.9M | −3.09% |
| Q2 2024 | 2024-06-30 | $917.6M | $28.6M | +3.22% |
| Q1 2024 | 2024-03-31 | $907.4M | $24.4M | +2.76% |
| Q4 2023 | 2023-12-31 | $871.6M | $45.3M | +5.48% |
| Q3 2023 | 2023-09-30 | $871.4M | $8.8M | +1.02% |
| Q2 2023 | 2023-06-30 | $889.0M | −$32.1M | −3.48% |
| Q1 2023 | 2023-03-31 | $883.0M | $7.4M | +0.85% |
| Q4 2022 | 2022-12-31 | $826.3M | −$110.8M | −11.82% |
| Q3 2022 | 2022-09-30 | $862.6M | −$73.7M | −7.87% |
| Q2 2022 | 2022-06-30 | $921.1M | −$70.1M | −7.07% |
| Q1 2022 | 2022-03-31 | $875.6M | −$89.2M | −9.25% |
| Q4 2021 | 2021-12-31 | $937.1M | −$15.8M | −1.66% |
| Q3 2021 | 2021-09-30 | $936.3M | −$55.9M | −5.63% |
| Q2 2021 | 2021-06-30 | $991.2M | $106.8M | +12.08% |
| Q1 2021 | 2021-03-31 | $964.8M | $43.7M | +4.74% |
| Q4 2020 | 2020-12-31 | $952.9M | $70.8M | +8.03% |
| Q3 2020 | 2020-09-30 | $992.2M | $134.7M | +15.71% |
| Q2 2020 | 2020-06-30 | $884.4M | $40.6M | +4.81% |
| Q1 2020 | 2020-03-31 | $921.1M | $153.5M | +20.00% |
| Q4 2019 | 2019-12-31 | $882.1M | $69.6M | +8.57% |
| Q3 2019 | 2019-09-30 | $857.5M | $20.1M | +2.40% |
| Q2 2019 | 2019-06-30 | $843.8M | −$14.5M | −1.69% |
| Q1 2019 | 2019-03-31 | $767.6M | −$13.6M | −1.74% |
| Q4 2018 | 2018-12-31 | $812.5M | $78.1M | +10.63% |
| Q3 2018 | 2018-09-30 | $837.4M | $86.7M | +11.55% |
| Q2 2018 | 2018-06-30 | $858.3M | $135.1M | +18.68% |
| Q1 2018 | 2018-03-31 | $781.2M | $27.5M | +3.65% |
| Q4 2017 | 2017-12-31 | $734.4M | $43.7M | +6.33% |
| Q3 2017 | 2017-09-30 | $750.7M | −$10.7M | −1.41% |
| Q2 2017 | 2017-06-30 | $723.2M | −$262.2M | −26.61% |
| Q1 2017 | 2017-03-31 | $753.7M | $15.5M | +2.10% |
| Q4 2016 | 2016-12-31 | $690.7M | −$60.7M | −8.08% |
| Q3 2016 | 2016-09-30 | $761.4M | $27.0M | +3.68% |
| Q2 2016 | 2016-06-30 | $985.4M | $196.2M | +24.86% |
| Q1 2016 | 2016-03-31 | $738.2M | −$16.2M | −2.15% |
| Q4 2015 | 2015-12-31 | $751.4M | −$500,000 | −0.07% |
| Q3 2015 | 2015-09-30 | $734.4M | −$239.3M | −24.58% |
| Q2 2015 | 2015-06-30 | $789.2M | −$63.5M | −7.45% |
| Q1 2015 | 2015-03-31 | $754.4M | −$129.5M | −14.65% |
| Q4 2014 | 2014-12-31 | $751.9M | −$83.3M | −9.98% |
| Q3 2014 | 2014-09-30 | $973.7M | $190.7M | +24.36% |
| Q2 2014 | 2014-06-30 | $852.7M | $73.1M | +9.37% |
| Q1 2014 | 2014-03-31 | $883.9M | $155.1M | +21.29% |
| Q4 2013 | 2013-12-31 | $835.2M | $146.8M | +21.32% |
| Q3 2013 | 2013-09-30 | $783.0M | $128.5M | +19.64% |
| Q2 2013 | 2013-06-30 | $779.6M | $138.1M | +21.54% |
| Q1 2013 | 2013-03-31 | $728.8M | $114.9M | +18.71% |
| Q4 2012 | 2012-12-31 | $688.5M | $109.2M | +18.84% |
| Q3 2012 | 2012-09-30 | $654.5M | $85.9M | +15.11% |
| Q2 2012 | 2012-06-30 | $641.5M | $86.1M | +15.50% |
| Q1 2012 | 2012-03-31 | $613.9M | $105.0M | +20.63% |
| Q4 2011 | 2011-12-31 | $579.3M | $95.7M | +19.80% |
| Q3 2011 | 2011-09-30 | $568.6M | $114.3M | +25.16% |
| Q2 2011 | 2011-06-30 | $555.4M | $119.6M | +27.44% |
| Q1 2011 | 2011-03-31 | $508.9M | $94.7M | +22.85% |
| Q4 2010 | 2010-12-31 | $483.6M | — | — |
| Q3 2010 | 2010-09-30 | $454.2M | $63.6M | +16.29% |
| Q2 2010 | 2010-06-30 | $435.8M | $58.3M | +15.44% |
| Q1 2010 | 2010-03-31 | $414.2M | — | — |
| Q3 2009 | 2009-09-30 | $390.6M | — | — |
| Q2 2009 | 2009-06-30 | $377.5M | — | — |
Herbalife operating expenses trends
Over the last five fiscal years, Herbalife's operating expenses decreased from $3.75B to $3.44B, a change of −$308.7M. The latest reported quarter, Q2 2026, shows $902.2M.
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.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC 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.
Review Herbalife source filings ↗