Growth Metrics

Advance Auto Parts (AAP) Operating Expenses (2009 - 2026)

Advance Auto Parts (AAP) reported 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% on a QoQ basis from $859.0 million in Q4 2025.

Advance Auto Parts (AAP) has 18 years of Operating Expenses data on file, last reported at $825.0 million in Q1 2026.

  • Quarterly Operating Expenses fell 29.37% year-over-year to $825.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $3.8 billion (down 8.42% YoY) and the FY2026 annual result came in at $3.8 billion, down 8.39% from the prior year.
  • Operating Expenses slipped 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.
  • The 5-year median for Operating Expenses is $984.0 million (2022), against an average of $1.0 billion.
  • The widest annual swing landed in 2022, when Operating Expenses slumped 68.79%; it then jumped 108.17% in 2023.
  • Tracing AAP's Operating Expenses over 5 years: 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 fell by 26.46% to $859.0 million in 2025, then retreated by 3.96% to $825.0 million in 2026.
  • Per Business Quant, the three latest AAP Operating Expenses figures stand at $825.0 million (Q1 2026), $859.0 million (Q4 2025), and $852.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 1.51 Bn
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 330.65 Mn
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn 2.05 Bn
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn 93.00 Mn
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 346.00 Mn
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 4.71 Bn
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 557.00 Mn
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 211.00 Mn
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 281.00 Mn
10 Advance Auto Parts 3.51 Bn 386.54 Mn 869.00 Mn 825.00 Mn

Historic Data

Download Data 🔒
DateValue
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
Oct 3, 2020 871.66 Mn
Jul 11, 2020 833.87 Mn
Apr 18, 2020 1.09 Bn
Dec 28, 2019 802.63 Mn
Oct 5, 2019 839.60 Mn
Jul 13, 2019 838.67 Mn
Apr 20, 2019 1.10 Bn
Dec 29, 2018 844.39 Mn
Oct 6, 2018 852.69 Mn
Jul 14, 2018 844.02 Mn
Apr 21, 2018 1.07 Bn
Dec 30, 2017 786.42 Mn
Oct 7, 2017 791.14 Mn
Jul 15, 2017 846.38 Mn
Apr 22, 2017 1.09 Bn
Dec 31, 2016 801.42 Mn
Oct 8, 2016 794.44 Mn
Jul 16, 2016 793.57 Mn
Apr 23, 2016 1.08 Bn
Jan 2, 2016 852.95 Mn
Oct 10, 2015 826.86 Mn
Jul 18, 2015 830.24 Mn
Apr 25, 2015 1.13 Bn
Oct 4, 2014 825.28 Mn
Jul 12, 2014 821.44 Mn
Apr 19, 2014 1.10 Bn
Dec 28, 2013 610.93 Mn
Oct 5, 2013 592.22 Mn
Jul 13, 2013 584.54 Mn
Apr 20, 2013 804.14 Mn
Dec 29, 2012 549.96 Mn
Oct 6, 2012 574.99 Mn
Jul 14, 2012 559.66 Mn
Apr 21, 2012 756.11 Mn
Dec 31, 2011 538.82 Mn
Oct 8, 2011 546.68 Mn
Jul 16, 2011 546.92 Mn
Apr 23, 2011 772.22 Mn
Jan 1, 2011 677.50 Mn
Oct 9, 2010 560.56 Mn
Jul 17, 2010 543.67 Mn
Apr 24, 2010 728.61 Mn
Oct 10, 2009 516.60 Mn
Jul 18, 2009 517.88 Mn
Apr 25, 2009 664.41 Mn