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% 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 18 years of Operating Expenses data on file, last reported at $825.0 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $825.0 million, down 29.37% year-over-year; the trailing twelve-month figure through Jan 2026 was $3.8 billion (down 8.42% YoY), and the FY2026 annual result was $3.8 billion, down 8.39% from the prior year.
  • Operating Expenses retreated to $825.0 million in Q1 2026 per AAP's latest filing, from $859.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.4 billion in Q2 2023 and troughed at $406.3 million in Q4 2022.
  • A 5-year average of $1.0 billion and a median of $984.0 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 68.79% in 2022, then soared 108.17% in 2023.
  • 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.
  • 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 1.51 Bn
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 341.91 Mn
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 93.00 Mn
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 346.00 Mn
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 2.05 Bn
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 4.71 Bn
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn 239.00 Mn
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 960.00 Mn
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 211.00 Mn
10 Advance Auto Parts 3.62 Bn 499.15 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