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

Academy Sports & Outdoors (ASO) posted quarterly Operating Expenses of $404.7 million for Q2 2026, up 3.87% YoY from $389.6 million in Q2 2025, and little changed sequentially from $406.5 million in Q1 2026.

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

Academy Sports & Outdoors has disclosed Operating Expenses across 8 years of filings, most recently posting $404.7 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 3.87% year-over-year to $404.7 million; the TTM figure through May 2026 stood at $1.6 billion (up 6.59% YoY), while the FY2026 annual figure was $1.6 billion, up 8.19% from the prior year.
  • Operating Expenses was little changed at $404.7 million in Q2 2026, 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.
  • The 5-year median for Operating Expenses is $368.2 million (2023), against an average of $369.7 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses fell 12.53% — and 2025, when it increased 10.24%.
  • 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 gained by 2.97% to $404.7 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $404.7 million, $406.5 million, and $393.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 730.02 Mn
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 627.08 Mn
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 941.15 Mn
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 1.73 Bn
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 279.80 Mn
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 337.11 Mn
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 7.87 Mn
10 Academy Sports & Outdoors 3.04 Bn 2.71 Bn 479.35 Mn 404.69 Mn

Historic Data

Download Data
DateValue
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