Hershey Operating Expenses Growth & History (HSY)

Hershey's operating expenses was $2.48B for fiscal 2025.

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Hershey annual operating expenses history

Hershey annual operating expenses

Fiscal yearPeriod endedOperating expensesChangeGrowth
20252025-12-31$2.48B$78.5M+3.27%
20242024-12-31$2.40B−$34.3M−1.41%
20232023-12-31$2.44B$199.0M+8.89%
20222022-12-31$2.24B$233.1M+11.63%
20212021-12-31$2.00B$86.3M+4.50%
20202020-12-31$1.92B−$108.0M−5.33%
20192019-12-31$2.03B$74.9M+3.84%
20182018-12-31$1.95B−$190.3M−8.88%
20172017-12-31$2.14B$227.6M+11.89%
20162016-12-31$1.91B−$4.43B−69.85%
20152015-12-31$6.35B$316.7M+5.25%
20142014-12-31$6.03B
20112011-12-31$5.03B$260.0M+5.46%
20102010-12-31$4.77B$228.6M+5.04%
20092009-12-31$4.54B−$5.8M−0.13%
20082008-12-31$4.54B$55.0M+1.23%
20072007-12-31$4.49B

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.

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

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.

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