Xero (XERYY) Total Operating Expense: $1,323.64 Mil (TTM As of Mar. 2026)


What is Xero Total Operating Expense?

Xero XERYY 81 Total Operating Expense is $1,323.64 Mil as of Mar. 2026. GuruFocus rates XERYY with a GF Score™ of 81/100. The stock has 7 warning signs investors should review.

Xero's Total Operating Expense for the six months ended in Mar. 2026 was $726.46 Mil. Xero's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $1,323.64 Mil.

Xero Total Operating Expense Related Terms

Xero Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Xero's Total Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xero Total Operating Expense Chart

Xero Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 737.07 825.11 875.28 1,028.65 1,361.77

Xero Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Total Operating Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 412.10 527.19 538.00 597.18 726.46

Xero Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,323.64 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Total Operating Expense of $1,323.64 Mil mean?
Xero (XERYY) has a Total Operating Expense of $1,323.64 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Xero and its competitors.
Is Xero's Total Operating Expense too high?
Xero's current Total Operating Expense is $1,323.64 Mil. Overall, Xero has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Xero's Total Operating Expense compare to UBER and SHOP?
Xero's Total Operating Expense of $1,323.64 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Xero and its competitors. Xero's current Total Operating Expense is $1,323.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xero stock overvalued right now?
Xero (XERYY) has a current Total Operating Expense of $1,323.64 Mil. The current Total Operating Expense is $1,323.64 Mil. Xero's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Xero (XERYY), the current Total Operating Expense is $1,323.64 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Xero Business Description

Address 19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011
Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsized enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the UK and the US.