# Operating Expenses Schedule Opex build by line item with fixed/variable splits and ratios. - Canonical: https://finamodel.com/schedules/operating-expenses - Group: Revenue & Operations - Found in: 59 models - Sheet-name variants: Operating_Costs, Operating_Expenses, Opex ## About this operating expenses schedule An operating expenses schedule forecasts SG&A, payroll, rent, marketing, technology, professional fees, and other overhead costs. It separates fixed, variable, and ratio-driven expenses so the P&L responds properly as the business scales. Use this free Excel operating expenses schedule preview to compare opex build layouts, expense ratios, departmental cost structures, and forecast assumptions. It is useful for budgets, startup models, operating models, and profitability analysis. ## Source models - [gym](https://finamodel.com/templates/gym-model) - sheet: Operating_Costs - [subscription-box](https://finamodel.com/templates/subscription-box-model) - sheet: OpEx - [marketplace](https://finamodel.com/templates/marketplace-model) - sheet: OpEx - [restaurant](https://finamodel.com/templates/restaurant-model) - sheet: Operating_Costs - [retail-centre](https://finamodel.com/templates/retail-centre-model) - sheet: Operating_Expenses - [hospital](https://finamodel.com/templates/hospital-model) - sheet: Operating_Costs - [ride-hailing](https://finamodel.com/templates/ride-hailing-model) - sheet: Operating_Costs - [food-delivery](https://finamodel.com/templates/food-delivery-model) - sheet: OpEx - [gaming](https://finamodel.com/templates/gaming-model) - sheet: Operating_Costs - [real-estate](https://finamodel.com/templates/real-estate-model) - sheet: Operating_Expenses - [multi-family](https://finamodel.com/templates/multi-family-model) - sheet: Operating_Expenses - [industrial-warehouse](https://finamodel.com/templates/industrial-warehouse-model) - sheet: Operating_Expenses - [mixed-use](https://finamodel.com/templates/mixed-use-model) - sheet: Operating_Expenses - [student-housing](https://finamodel.com/templates/student-housing-model) - sheet: Opex - [senior-living](https://finamodel.com/templates/senior-living-model) - sheet: Operating_Costs - [ground-lease](https://finamodel.com/templates/ground-lease-model) - sheet: Operating_Expenses - [public-housing](https://finamodel.com/templates/public-housing-model) - sheet: Operating_Expenses - [credit-card](https://finamodel.com/templates/credit-card-model) - sheet: Opex - [bnpl](https://finamodel.com/templates/bnpl-model) - sheet: Operating_Costs - [factoring](https://finamodel.com/templates/factoring-model) - sheet: Opex - [collateral-pool](https://finamodel.com/templates/collateral-pool-model) - sheet: Operating_Costs - [target-date](https://finamodel.com/templates/target-date-model) - sheet: Operating_Costs - [multi-asset-allocation](https://finamodel.com/templates/multi-asset-allocation-model) - sheet: Operating_Costs - [captive-insurance](https://finamodel.com/templates/captive-insurance-model) - sheet: Operating_Expenses - [insurtech](https://finamodel.com/templates/insurtech-model) - sheet: Operating_Costs - [renewable-energy](https://finamodel.com/templates/renewable-energy-model) - sheet: Opex - [oil-gas-upstream](https://finamodel.com/templates/oil-gas-upstream-model) - sheet: Opex - [ev-charging](https://finamodel.com/templates/ev-charging-model) - sheet: Opex - [battery-storage](https://finamodel.com/templates/battery-storage-model) - sheet: Opex - [lng-terminal](https://finamodel.com/templates/lng-terminal-model) - sheet: Operating_Costs - [mining](https://finamodel.com/templates/mining-model) - sheet: Operating_Costs - [utility](https://finamodel.com/templates/utility-model) - sheet: Opex - [water-utility](https://finamodel.com/templates/water-utility-model) - sheet: Opex - [fibre-network](https://finamodel.com/templates/fibre-network-model) - sheet: Operating_Costs - [data-centre](https://finamodel.com/templates/data-centre-model) - sheet: Opex - [data-center-ops](https://finamodel.com/templates/data-center-ops-model) - sheet: Operating_Costs - [cloud-infra](https://finamodel.com/templates/cloud-infrastructure-model) - sheet: Opex - [project-finance-sculpting](https://finamodel.com/templates/project-finance-sculpting-model) - sheet: Opex - [infrastructure-bond](https://finamodel.com/templates/infrastructure-bond-model) - sheet: Opex - [tax-equity-flip](https://finamodel.com/templates/tax-equity-flip-model) - sheet: OpEx - [airport](https://finamodel.com/templates/airport-financial-model) - sheet: Opex - [rail-concession](https://finamodel.com/templates/rail-concession-model) - sheet: Opex - [car-rental](https://finamodel.com/templates/car-rental-economics-model) - sheet: Operating_Costs - [theme-park](https://finamodel.com/templates/theme-park-model) - sheet: Operating_Costs - [sports-team](https://finamodel.com/templates/sports-team-model) - sheet: Operating_Costs - [film-slate](https://finamodel.com/templates/film-slate-model) - sheet: Operating_Costs - [farm](https://finamodel.com/templates/farm-model) - sheet: Operating_Costs - [livestock](https://finamodel.com/templates/livestock-model) - sheet: Operating_Costs - [aquaculture](https://finamodel.com/templates/aquaculture-operations-model) - sheet: Operating_Costs - [carbon-credit](https://finamodel.com/templates/carbon-credit-model) - sheet: OpEx - [pharma-pipeline](https://finamodel.com/templates/pharma-pipeline-model) - sheet: Operating_Costs - [medtech](https://finamodel.com/templates/medtech-model) - sheet: Operating_Expenses - [cro](https://finamodel.com/templates/cro-model) - sheet: OpEx - [private-school](https://finamodel.com/templates/private-school-model) - sheet: Opex - [university](https://finamodel.com/templates/university-model) - sheet: Operating_Costs - [stablecoin](https://finamodel.com/templates/stablecoin-model) - sheet: Operating_Costs - [gamefi](https://finamodel.com/templates/gamefi-model) - sheet: Operating_Costs - [freight-trucking](https://finamodel.com/templates/freight-trucking) - sheet: Operating Costs - [parking-garage](https://finamodel.com/templates/parking-garage) - sheet: Operating_Costs ## Related schedules - [Revenue Build](https://finamodel.com/schedules/revenue-build) - Bottom-up revenue model from volume, price and mix drivers. - [Unit Economics](https://finamodel.com/schedules/unit-economics) - LTV, CAC, payback and contribution margin with cohort retention. - [Headcount & Payroll](https://finamodel.com/schedules/headcount-payroll) - Hiring plan by department driving FTE counts and fully-loaded payroll. - [Scenarios](https://finamodel.com/schedules/scenarios) - Base / bull / bear toggles driving the model via CHOOSE switches. - [COGS Schedule](https://finamodel.com/schedules/cogs-schedule) - Cost of goods sold schedule tied to volumes and input pricing. - [Segment Build](https://finamodel.com/schedules/segment-build) - Revenue and margin built up across business or product segments.