TMUSZ Total Operating Expenses increased by 9.5% to $17.43B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.4%, from $15.37B to $17.43B. Over 3 years (FY 2021 to FY 2024), Total Operating Expenses shows a downward trend with a -4.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.
The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...
Investors compare this to revenue to assess the 'operating leverage' of a business model.
is_total_operating_expenses| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $17.84B | $18.04B | $19.72B | $18.31B | $18.99B | $18.20B | $17.53B | $16.24B | $15.40B | $15.66B | $17.00B | $15.60B | $15.14B | $15.37B | $17.29B | $16.09B | $15.92B | $17.43B |
| QoQ Change | — | +1.1% | +9.3% | -7.1% | +3.7% | -4.2% | -3.7% | -7.4% | -5.1% | +1.6% | +8.6% | -8.2% | -2.9% | +1.5% | +12.5% | -6.9% | -1.0% | +9.5% |
| YoY Change | — | — | — | — | +6.4% | +0.9% | -11.1% | -11.4% | -18.9% | -14.0% | -3.0% | -3.9% | -1.7% | -1.9% | +1.7% | +3.1% | +5.1% | +13.4% |
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