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
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