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| Date | Value |
|---|---|
| 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 |