Hershey Operating Expenses Growth & History (HSY)
Hershey's operating expenses was $2.48B for fiscal 2025.
View full Hershey company overviewHershey annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $2.48B | $78.5M | +3.27% |
| 2024 | 2024-12-31 | $2.40B | −$34.3M | −1.41% |
| 2023 | 2023-12-31 | $2.44B | $199.0M | +8.89% |
| 2022 | 2022-12-31 | $2.24B | $233.1M | +11.63% |
| 2021 | 2021-12-31 | $2.00B | $86.3M | +4.50% |
| 2020 | 2020-12-31 | $1.92B | −$108.0M | −5.33% |
| 2019 | 2019-12-31 | $2.03B | $74.9M | +3.84% |
| 2018 | 2018-12-31 | $1.95B | −$190.3M | −8.88% |
| 2017 | 2017-12-31 | $2.14B | $227.6M | +11.89% |
| 2016 | 2016-12-31 | $1.91B | −$4.43B | −69.85% |
| 2015 | 2015-12-31 | $6.35B | $316.7M | +5.25% |
| 2014 | 2014-12-31 | $6.03B | — | — |
| 2011 | 2011-12-31 | $5.03B | $260.0M | +5.46% |
| 2010 | 2010-12-31 | $4.77B | $228.6M | +5.04% |
| 2009 | 2009-12-31 | $4.54B | −$5.8M | −0.13% |
| 2008 | 2008-12-31 | $4.54B | $55.0M | +1.23% |
| 2007 | 2007-12-31 | $4.49B | — | — |
Hershey quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-28 | $620.7M | $17.2M | +2.85% |
| Q1 2026 | 2026-03-29 | $582.0M | $7.0M | +1.22% |
| Q4 2025 | 2025-12-31 | $699.9M | $80.7M | +13.03% |
| Q3 2025 | 2025-09-28 | $602.8M | −$16.8M | −2.71% |
| Q2 2025 | 2025-06-29 | $603.5M | $57.5M | +10.54% |
| Q1 2025 | 2025-03-30 | $575.0M | −$42.9M | −6.95% |
| Q4 2024 | 2024-12-31 | $619.2M | −$39.6M | −6.01% |
| Q3 2024 | 2024-09-29 | $619.6M | −$4.7M | −0.76% |
| Q2 2024 | 2024-06-30 | $545.9M | −$25.5M | −4.46% |
| Q1 2024 | 2024-03-31 | $618.0M | $35.6M | +6.11% |
| Q4 2023 | 2023-12-31 | $658.8M | $40.7M | +6.58% |
| Q3 2023 | 2023-10-01 | $624.3M | $72.4M | +13.12% |
| Q2 2023 | 2023-07-02 | $571.4M | $28.0M | +5.15% |
| Q1 2023 | 2023-04-02 | $582.4M | $57.9M | +11.04% |
| Q4 2022 | 2022-12-31 | $618.2M | $64.5M | +11.64% |
| Q3 2022 | 2022-10-02 | $551.9M | $65.4M | +13.44% |
| Q2 2022 | 2022-07-03 | $543.5M | $74.7M | +15.93% |
| Q1 2022 | 2022-04-03 | $524.5M | $28.6M | +5.76% |
| Q4 2021 | 2021-12-31 | $553.7M | −$3.3M | −0.59% |
| Q3 2021 | 2021-10-03 | $486.5M | $17.9M | +3.82% |
| Q2 2021 | 2021-07-04 | $468.8M | $59.6M | +14.56% |
| Q1 2021 | 2021-04-04 | $495.9M | $12.1M | +2.50% |
| Q4 2020 | 2020-12-31 | $557.0M | −$68.8M | −10.99% |
| Q3 2020 | 2020-09-27 | $468.6M | −$13.9M | −2.88% |
| Q2 2020 | 2020-06-28 | $409.2M | −$55.5M | −11.94% |
| Q1 2020 | 2020-03-29 | $483.8M | $30.2M | +6.65% |
| Q4 2019 | 2019-12-31 | $625.7M | $102.5M | +19.60% |
| Q3 2019 | 2019-09-29 | $482.5M | $25.3M | +5.53% |
| Q2 2019 | 2019-06-30 | $464.7M | −$13.0M | −2.73% |
| Q1 2019 | 2019-03-31 | $453.6M | −$39.9M | −8.09% |
| Q4 2018 | 2018-12-31 | $523.2M | $20.2M | +4.01% |
| Q3 2018 | 2018-09-30 | $457.2M | −$24.2M | −5.03% |
| Q2 2018 | 2018-07-01 | $477.7M | $32.3M | +7.26% |
| Q1 2018 | 2018-04-01 | $493.5M | −$218.6M | −30.69% |
| Q4 2017 | 2017-12-31 | $503.0M | $28.0M | +5.89% |
| Q3 2017 | 2017-10-01 | $481.5M | −$1.15B | −70.45% |
| Q2 2017 | 2017-07-02 | $445.4M | −$929.6M | −67.61% |
| Q1 2017 | 2017-04-02 | $712.1M | −$777.2M | −52.18% |
| Q4 2016 | 2016-12-31 | $475.0M | −$1.09B | −69.67% |
| Q3 2016 | 2016-10-02 | $1.63B | −$28.3M | −1.71% |
| Q2 2016 | 2016-07-03 | $1.37B | −$196.4M | −12.50% |
| Q1 2016 | 2016-04-03 | $1.49B | −$64.3M | −4.14% |
| Q4 2015 | 2015-12-31 | $1.57B | −$1.24B | −44.26% |
| Q3 2015 | 2015-10-04 | $1.66B | $62.4M | +3.91% |
| Q2 2015 | 2015-07-05 | $1.57B | $270.4M | +20.79% |
| Q1 2015 | 2015-04-05 | $1.55B | $1.23B | +376.33% |
| Q4 2014 | 2014-12-31 | $2.81B | — | — |
| Q3 2014 | 2014-09-28 | $1.60B | $112.1M | +7.56% |
| Q2 2014 | 2014-06-29 | $1.30B | $61.3M | +4.94% |
| Q1 2014 | 2014-03-30 | $326.2M | −$1.11B | −77.28% |
| Q3 2013 · Sep 29 | 2013-09-29 | $1.48B | $38.3M | +2.65% |
| Q2 2013 | 2013-06-30 | $1.24B | $47.4M | +3.98% |
| Q1 2013 | 2013-03-31 | $1.44B | $38.1M | +2.72% |
| Q3 2012 | 2012-09-30 | $1.44B | $141.8M | +10.88% |
| Q2 2012 · Jul 1 | 2012-07-01 | $1.19B | $95.4M | +8.69% |
| Q1 2012 · Apr 1 | 2012-04-01 | $1.40B | $109.9M | +8.53% |
| Q4 2011 | 2011-12-31 | $1.34B | $83.2M | +6.63% |
| Q3 2011 | 2011-10-02 | $1.30B | $55.7M | +4.46% |
| Q2 2011 | 2011-07-03 | $1.10B | −$12.0M | −1.08% |
| Q1 2011 | 2011-04-03 | $1.29B | $133.2M | +11.53% |
| Q4 2010 | 2010-12-31 | $1.25B | $59.9M | +5.02% |
| Q3 2010 | 2010-10-03 | $1.25B | $43.0M | +3.57% |
| Q2 2010 | 2010-07-04 | $1.11B | $54.3M | +5.15% |
| Q1 2010 | 2010-04-04 | $1.15B | $71.4M | +6.59% |
| Q4 2009 | 2009-12-31 | $1.19B | — | — |
| Q3 2009 | 2009-10-04 | $1.20B | −$65.2M | −5.13% |
| Q2 2009 | 2009-07-05 | $1.05B | $43.2M | +4.27% |
| Q1 2009 | 2009-04-05 | $1.08B | — | — |
| Q3 2008 | 2008-09-28 | $1.27B | — | — |
| Q2 2008 | 2008-06-29 | $1.01B | — | — |
Hershey operating expenses trends
Over the last five fiscal years, Hershey's operating expenses increased from $1.92B to $2.48B, a change of $562.6M. The latest reported quarter, Q2 2026, shows $620.7M.
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 Hershey source filings ↗