Puma SE annual operating expenses
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Puma SE Operating Expenses Growth & History (PUM)
Puma SE's operating expenses was €3.61B for fiscal 2025.
View full Puma SE company overviewPuma SE annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €3.61B | €52.5M | +1.48% |
| 2024 | 2024-12-31 | €3.56B | €191.0M | +5.68% |
| 2023 | 2023-12-31 | €3.37B | €102.8M | +3.15% |
| 2022 | 2022-12-31 | €3.26B | €561.5M | +20.79% |
| 2021 | 2021-12-31 | €2.70B | €451.8M | +20.09% |
| 2020 | 2020-12-31 | €2.25B | €2.7M | +0.12% |
| 2019 | 2019-12-31 | €2.25B | €334.3M | +17.49% |
| 2018 | 2018-12-31 | €1.91B | €202.1M | +11.82% |
| 2017 | 2017-12-31 | €1.71B | €181.0M | +11.84% |
| 2016 | 2016-12-31 | €1.53B | €84.8M | +5.87% |
| 2015 | 2015-12-31 | €1.44B | €186.0M | +14.79% |
| 2014 | 2014-12-31 | €1.26B | −€67.1M | −5.06% |
| 2013 | 2013-12-31 | €1.33B | −€140.7M | −9.60% |
| 2012 | 2012-12-31 | €1.47B | €296.0M | +25.30% |
| 2011 | 2011-12-31 | €1.17B | €128.0M | +12.29% |
| 2010 | 2010-12-31 | €1.04B | — | — |
Puma SE quarterly operating expenses
Q1.25
Q2.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €854.2M | −€34.6M | −3.89% |
| Q1 2026 | 2026-03-31 | €837.2M | −€57.5M | −6.43% |
| Q4 2025 | 2025-12-31 | €871.7M | — | — |
| Q2 2025 | 2025-06-30 | €888.8M | — | — |
| Q1 2025 | 2025-03-31 | €894.7M | — | — |
Puma SE operating expenses trends
Over the last five fiscal years, Puma SE's operating expenses increased from €2.25B to €3.61B, a change of €1.36B. The latest reported quarter, Q2 2026, shows €854.2M.
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 Puma SE source filings ↗Community posts
Puma narrows its annual loss forecast as sales decline and inventories fall
Puma ($PUM) narrowed its forecast for the 2026 operating loss to €80–130 million, compared with the previous €50–150 million range. Third-quarter sales fell 6.3% at constant currencies to €1.776 billion as its business reset and softer dema ...
