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AppleNVIDIABerkshireMetrics guide
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AppleNVIDIABerkshire
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Metrics guide›Financial statement lines

Operating expenses

Reported operating expenses such as research, sales and administration.

Worked example · a round-number company

Operating expenses$1.0B÷Revenue$5.0B=Share of revenue20.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%

How to read it

↕Neither higher nor lower is better. Shows the ongoing cost of running the business.

Keep in mind

  • Definitions differ by issuer and may include or exclude cost of sales. Inspect the filing.