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| 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 |