Sndl annual operating expenses
2018
2019
2020
2021
2022
2023
2024
2025
Sndl Operating Expenses Growth & History (SNDL)
Sndl's operating expenses was $265.0M for fiscal 2025.
View full Sndl company overviewSndl annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $265.0M | −$79.1M | −23.00% |
| 2024 | 2024-12-31 | $344.1M | −$9.4M | −2.67% |
| 2023 | 2023-12-31 | $353.6M | $353.5M | +346552.94% |
| 2022 | 2022-12-31 | $102,000 | −$89,000 | −46.60% |
| 2021 | 2021-12-31 | $191,000 | −$202,000 | −51.40% |
| 2020 | 2020-12-31 | $393,000 | −$2.6M | −86.73% |
| 2019 | 2019-12-31 | $3.0M | −$23.3M | −88.73% |
| 2018 · Dec 31 | 2018-12-31 | $26.3M | — | — |
Sndl quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $61.8M | −$2.9M | −4.49% |
| Q1 2026 | 2026-03-31 | $64.0M | — | — |
| Q4 2025 | 2025-12-31 | $60.0M | — | — |
| Q3 2025 | 2025-09-30 | $73.6M | — | — |
| Q2 2025 | 2025-06-30 | $64.7M | — | — |
Sndl operating expenses trends
Over the last five fiscal years, Sndl's operating expenses increased from $393,000 to $265.0M, a change of $264.6M. The latest reported quarter, Q2 2026, shows $61.8M.
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.
Review Sndl source filings ↗