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% year-over-year from $1.2 billion in Q1 2025, and down 3.96% quarter-over-quarter from $859.0 million in Q4 2025.
Advance Auto Parts (AAP) Operating Expenses (2009 - 2026) Analysis & Trends
Advance Auto Parts (AAP) has reported Operating Expenses for 18 consecutive years, with $825.0 million the latest figure, recorded in 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 declined to $825.0 million in Q1 2026 per AAP's latest filing, from $859.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $1.4 billion in Q2 2023 and bottomed at $406.3 million in Q4 2022.
- Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $984.0 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 68.79% — and 2023, when it soared 108.17%.
- Advance Auto Parts' Operating Expenses stood at $406.3 million in 2022, then jumped by 108.17% to $845.8 million in 2023, then jumped by 38.1% to $1.2 billion in 2024, then slipped by 26.46% to $859.0 million in 2025, then dropped by 3.96% to $825.0 million in 2026.
- Business Quant data shows AAP's Operating Expenses at $825.0 million in Q1 2026, $859.0 million in Q4 2025, and $852.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.53 Bn | 73.27 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.45 Bn | 48.20 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.76 Bn | 18.33 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.46 Bn | 17.90 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.66 Bn | 11.21 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.88 Bn | 10.48 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Aptiv | 10.34 Bn | 9.58 Bn | 775.00 Mn | 2.91 Bn |
| 8 | Modine Manufacturing | 10.31 Bn | 10.24 Bn | - | - |
| 9 | Autoliv | 9.25 Bn | 8.88 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Advance Auto Parts | 2.54 Bn | -580.24 Mn | 869.00 Mn | 825.00 Mn |
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 |