Smurfit Kappa Group Europe, MEA and APAC — Operating Expenses increased by 3.8% to $2.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.2%, from $2.19B to $2.35B. Over 3 years (FY 2022 to FY 2025), Europe, MEA and APAC — Operating Expenses shows relatively stable performance with a 2.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase in operating expenses without a corresponding rise in revenue indicates declining operational efficiency.
The aggregate of all costs required to maintain the business operations within the Europe, MEA, and APAC segment, includ...
Standard operating expense reporting for business segments in global manufacturing companies.
sw_segment_europe_mea_and_apac_operating_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.13B | $2.13B | $2.13B | $2.13B | $1.88B | $1.88B | $1.88B | $1.88B | $1.81B | $1.85B | $2.24B | $2.15B | $2.19B | $2.41B | $2.41B | $2.26B | $2.35B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -12.0% | +0.0% | +0.0% | +0.0% | -3.6% | +2.2% | +21.1% | -4.0% | +2.0% | +9.7% | +0.2% | -6.1% | +3.8% |
| YoY Change | — | — | — | — | -12.0% | -12.0% | -12.0% | -12.0% | -3.6% | -1.5% | +19.3% | +14.5% | +21.2% | +30.1% | +7.7% | +5.3% | +7.2% |