Academy Sports & Outdoors (ASO) Operating Expenses (2019 - 2026)
Academy Sports & Outdoors' (ASO) quarterly Operating Expenses came in at $404.7 million in Q2 2026, up 3.87% year-on-year from $389.6 million in Q2 2025, and little changed on a QoQ basis from $406.5 million in Q1 2026.
Academy Sports & Outdoors (ASO) Operating Expenses (2019 - 2026) Analysis & Trends
Academy Sports & Outdoors (ASO) has 8 years of Operating Expenses data on file, last reported at $404.7 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 3.87% year-over-year to $404.7 million in Q2 2026; TTM through May 2026 was $1.6 billion, a 6.59% increase from a year earlier, with the FY2026 full-year figure at $1.6 billion, up 8.19% from the prior year.
- Operating Expenses for Q2 2026 stood at $404.7 million, roughly flat from $406.5 million in the prior quarter.
- Over the last five years, Operating Expenses for ASO reached as high as $406.5 million in Q1 2026 and fell as low as $315.9 million in Q2 2022.
- Historically, Operating Expenses has averaged $369.7 million across 5 years, with a median of $368.2 million in 2023.
- Across the five-year window, Operating Expenses dropped 12.53% in 2022 and climbed 10.24% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $342.9 million in 2022, then grew by 0.86% to $345.9 million in 2023, then climbed by 5.59% to $365.2 million in 2024, then climbed by 7.61% to $393.0 million in 2025, then grew by 2.97% to $404.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $404.7 million in Q2 2026, $406.5 million in Q1 2026, and $393.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 730.02 Mn |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.01 Bn |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 1.57 Bn |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | -290.69 Mn |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 941.15 Mn |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 337.11 Mn |
| 10 | Academy Sports & Outdoors | 3.13 Bn | 2.79 Bn | 479.35 Mn | 404.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 404.69 Mn |
| Jan 31, 2026 | 406.46 Mn |
| Nov 1, 2025 | 393.02 Mn |
| Aug 2, 2025 | 404.35 Mn |
| May 3, 2025 | 389.60 Mn |
| Feb 1, 2025 | 385.53 Mn |
| Nov 2, 2024 | 365.24 Mn |
| Aug 3, 2024 | 368.64 Mn |
| May 4, 2024 | 353.41 Mn |
| Feb 3, 2024 | 393.04 Mn |
| Oct 28, 2023 | 345.91 Mn |
| Jul 29, 2023 | 352.48 Mn |
| Apr 29, 2023 | 340.92 Mn |
| Jan 28, 2023 | 367.74 Mn |
| Oct 29, 2022 | 342.95 Mn |
| Jul 30, 2022 | 339.33 Mn |
| Apr 30, 2022 | 315.93 Mn |
| Jan 29, 2022 | 385.86 Mn |
| Oct 30, 2021 | 344.73 Mn |
| Jul 31, 2021 | 387.94 Mn |