Relx Operating Expenses Growth & History (REL)
Relx's operating expenses was £3.33B for fiscal 2025.
View full Relx company overviewRelx annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | £3.33B | £57.0M | +1.74% |
| 2024 | 2024-12-31 | £3.27B | £10.0M | +0.31% |
| 2023 | 2023-12-31 | £3.26B | £78.0M | +2.45% |
| 2022 | 2022-12-31 | £3.19B | £387.0M | +13.83% |
| 2021 | 2021-12-31 | £2.80B | −£300.0M | −9.68% |
| 2020 | 2020-12-31 | £3.10B | £80.0M | +2.65% |
| 2019 | 2019-12-31 | £3.02B | £134.0M | +4.65% |
| 2018 | 2018-12-31 | £2.88B | £76.0M | +2.71% |
| 2017 | 2017-12-31 | £2.81B | £115.0M | +4.27% |
| 2016 | 2016-12-31 | £2.69B | £348.0M | +14.84% |
| 2015 | 2015-12-31 | £2.35B | — | — |
Relx operating expenses trends
Over the last five fiscal years, Relx's operating expenses increased from £3.10B to £3.33B, a change of £232.0M.
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.
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RELX maintains its outlook as legal and risk analytics drive growth
RELX ($REL) reported 7% underlying revenue growth for the first nine months of 2026 and reaffirmed its 2026 outlook. Legal revenue increased 10%, supported by adoption of AI-enabled research and analytics tools, while Risk grew 8% as financ ...