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-over-year from $389.6 million in Q2 2025, and little changed quarter-over-quarter from $406.5 million in Q1 2026.
Analysis
Academy Sports & Outdoors (ASO) Operating Expenses (2019 - 2026) Analysis & Trends
Academy Sports & Outdoors (ASO) has reported Operating Expenses for 8 consecutive years, with $404.7 million the latest figure, recorded 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 was $404.7 million for Q2 2026 at Academy Sports & Outdoors, roughly flat from $406.5 million in the prior quarter.
- Over five years, Operating Expenses peaked at $406.5 million in Q1 2026 and troughed at $315.9 million in Q2 2022.
- A 5-year average of $369.7 million and a median of $368.2 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses declined 12.53% in 2022 and grew 10.24% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $342.9 million in 2022, then rose by 0.86% to $345.9 million in 2023, then increased by 5.59% to $365.2 million in 2024, then increased by 7.61% to $393.0 million in 2025, then rose by 2.97% to $404.7 million in 2026.
- The last three Operating Expenses figures came in at $404.7 million (Q2 2026), $406.5 million (Q1 2026), and $393.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ulta Beauty | 23.05 Bn | 22.84 Bn | 1.19 Bn | 807.31 Mn |
| 2 | Best Buy | 18.86 Bn | 16.61 Bn | 2.34 Bn | 1.92 Bn |
| 3 | Dick'S Sporting Goods | 11.88 Bn | 10.96 Bn | 1.94 Bn | 1.48 Bn |
| 4 | Signet Jewelers | 3.86 Bn | 3.26 Bn | 556.50 Mn | 509.60 Mn |
| 5 | Academy Sports & Outdoors | 3.40 Bn | 3.06 Bn | 479.35 Mn | 404.69 Mn |
| 6 | National Vision Holdings | 1.36 Bn | 1.33 Bn | 290.43 Mn | 269.13 Mn |
| 7 | Gold.com | 1.26 Bn | 685.09 Mn | 176.58 Mn | 78.04 Mn |
| 8 | GameStop | 1.21 Bn | -7.16 Bn | 340.30 Mn | 201.60 Mn |
| 9 | Winmark | 1.10 Bn | 1.08 Bn | 21.15 Mn | 7.51 Mn |
| 10 | Barnes & Noble Education | 389.35 Mn | 381.54 Mn | 57.05 Mn | 66.15 Mn |
Historic Data
Download Data
Historic 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 |