Vonovia SE Operating Expenses Growth & History (VNA)
Vonovia SE's operating expenses was €1.66B for fiscal 2025.
View full Vonovia SE company overviewVonovia SE annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | €1.66B | −€894.7M | −35.01% |
| 2024 | 2024-12-31 | €2.56B | −€9.17B | −78.21% |
| 2023 | 2023-12-31 | €11.73B | €8.76B | +294.76% |
| 2022 | 2022-12-31 | €2.97B | — | — |
| 2014 | 2014-12-31 | €35.3M | — | — |
| 2012 | 2012-12-31 | €198.7M | — | — |
Vonovia SE quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | €299.6M | −€402.8M | −57.35% |
| Q1 2026 | 2026-03-31 | €305.0M | — | — |
| Q4 2025 | 2025-12-31 | €411.0M | — | — |
| Q3 2025 | 2025-09-30 | €261.7M | — | — |
| Q2 2025 | 2025-06-30 | €702.4M | — | — |
Vonovia SE operating expenses trends
Between the periods ended 2012-12-31 and 2025-12-31, Vonovia SE's operating expenses increased from €198.7M to €1.66B, a change of €1.46B. The latest reported quarter, Q2 2026, shows €299.6M.
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.
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 Vonovia SE source filings ↗