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| 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 |
| 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 |