Next annual operating expenses
2021
2022
2023
2024
2025
2026
Next Operating Expenses Growth & History (NXT)
Next's operating expenses was £1.77B for fiscal 2026.
View full Next company overviewNext annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | £1.77B | £201.1M | +12.84% |
| 2025 | 2025-01-25 | £1.57B | £134.2M | +9.37% |
| 2024 | 2024-01-27 | £1.43B | £198.8M | +16.11% |
| 2023 | 2023-01-28 | £1.23B | £167.2M | +15.68% |
| 2022 | 2022-01-29 | £1.07B | £263.2M | +32.76% |
| 2021 | 2021-01-30 | £803.4M | — | — |
Next operating expenses trends
Over the last five fiscal years, Next's operating expenses increased from £803.4M to £1.77B, a change of £964.5M.
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.
Review Next source filings ↗Community posts
Next wins a major equal-pay appeal, while some employment claims remain unresolved
Next reported on 7 September 2026 that the Employment Appeal Tribunal upheld its appeal concerning differences in basic pay between retail and warehouse employees. What the company says the ruling covers According to Next's announcement, th ...