Academy Sports & Outdoors (ASO) Operating Expenses (2019 - 2026)

Academy Sports & Outdoors (ASO) reported Operating Expenses of $406.5 million for Q1 2026, up 5.43% year-over-year from $385.5 million in Q1 2025, and up 3.42% quarter-over-quarter from $393.0 million in Q4 2025.

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 $406.5 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $406.5 million, up 5.43% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.6 billion (up 8.19% YoY), and the FY2026 annual result was $1.6 billion, up 8.19% from the prior year.
  • Operating Expenses improved to $406.5 million in Q1 2026 per ASO's latest filing, from $393.0 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 $367.7 million and a median of $367.7 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses fell 12.53% in 2022, then increased 10.24% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $342.9 million in 2022, then gained by 0.86% to $345.9 million in 2023, then rose by 5.59% to $365.2 million in 2024, then rose by 7.61% to $393.0 million in 2025, then rose by 3.42% to $406.5 million in 2026.
  • Business Quant data shows ASO's Operating Expenses at $406.5 million in Q1 2026, $393.0 million in Q4 2025, and $404.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 Academy Sports & Outdoors 3.44 Bn 3.11 Bn 576.60 Mn 406.46 Mn

Historic Data

Download Data
DateValue
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
May 1, 2021 324.63 Mn