Operating expenses excluding cost of revenue
For issuers whose statement includes cost of revenue in total operating expenses, the reported total less cost of revenue.
Worked example · a round-number company
Operating expenses excluding cost of revenue$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. Provides the expense subtotal between gross profit and operating income.
Keep in mind
- Calculated only where the issuer's filing confirms the inclusion. This is not an additional expense on top of the reported total.