Income statement
Operating Expenses
Represents the sum of costs required to operate after direct delivery costs, such as R&D, sales, marketing, administration and other operating costs. It explains what it costs to maintain and scale the business.
Operating Expenses
operatingExpenses · Income statement
- Definition
- Represents the sum of costs required to operate after direct delivery costs, such as R&D, sales, marketing, administration and other operating costs. It explains what it costs to maintain and scale the business.
- Uses
- Use it to understand how profit is built: sales, direct costs, operating expenses, financing, taxes and adjustments. It is more reliable with stable recognition and less reliable with one-offs, M&A, FX, restructuring or aggressive capitalization policies. Cross-check margins, growth, CFO, FCF and notes.
