Advance Auto Parts (AAP) Operating Expenses (2009 - 2026)
Advance Auto Parts (AAP) posted quarterly Operating Expenses of $825.0 million for Q1 2026, down 29.37% YoY from $1.2 billion in Q1 2025, and down 3.96% sequentially from $859.0 million in Q4 2025.
Advance Auto Parts (AAP) Operating Expenses (2009 - 2026) Analysis & Trends
Advance Auto Parts has disclosed Operating Expenses across 18 years of filings, most recently posting $825.0 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 29.37% year-over-year to $825.0 million; the TTM figure through Jan 2026 stood at $3.8 billion (down 8.42% YoY), while the FY2026 annual figure was $3.8 billion, down 8.39% from the prior year.
- Operating Expenses eased to $825.0 million in Q1 2026, from $859.0 million in the prior quarter.
- Over the last five years, Operating Expenses for AAP reached as high as $1.4 billion in Q2 2023 and fell as low as $406.3 million in Q4 2022.
- The 5-year median for Operating Expenses is $984.0 million (2022), against an average of $1.0 billion.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 68.79% — and 2023, when it soared 108.17%.
- A 5-year view of Operating Expenses shows it stood at $406.3 million in 2022, then soared by 108.17% to $845.8 million in 2023, then soared by 38.1% to $1.2 billion in 2024, then decreased by 26.46% to $859.0 million in 2025, then slipped by 3.96% to $825.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $825.0 million, $859.0 million, and $852.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 825.00 Mn |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 960.00 Mn |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 2.05 Bn |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 239.00 Mn |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 346.00 Mn |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.71 Bn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 281.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 93.00 Mn |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | 4.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 3, 2026 | 825.00 Mn |
| Oct 4, 2025 | 859.00 Mn |
| Jul 12, 2025 | 852.00 Mn |
| Apr 19, 2025 | 1.24 Bn |
| Dec 28, 2024 | 1.17 Bn |
| Oct 5, 2024 | 908.00 Mn |
| Jul 13, 2024 | 896.00 Mn |
| Apr 20, 2024 | 1.15 Bn |
| Dec 30, 2023 | 845.76 Mn |
| Oct 7, 2023 | 896.15 Mn |
| Jul 15, 2023 | 1.01 Bn |
| Apr 22, 2023 | 1.36 Bn |
| Dec 31, 2022 | 406.29 Mn |
| Oct 8, 2022 | 1.01 Bn |
| Jul 16, 2022 | 984.04 Mn |
| Apr 23, 2022 | 1.30 Bn |
| Jan 1, 2022 | 1.30 Bn |
| Oct 9, 2021 | 953.26 Mn |
| Jul 17, 2021 | 944.32 Mn |
| Apr 24, 2021 | 1.23 Bn |