CrossAmerica Partners (CAPL) Operating Expenses (2011 - 2026)
CrossAmerica Partners' (CAPL) quarterly Operating Expenses came in at $80.0 million in Q1 2026, up 35.86% YoY from $58.9 million in Q1 2025, and down 54.27% on a QoQ basis from $174.9 million in Q4 2025.
CrossAmerica Partners (CAPL) Operating Expenses (2011 - 2026) Analysis & Trends
CrossAmerica Partners (CAPL) has 16 years of Operating Expenses data on file, last reported at $80.0 million in Q1 2026.
- Quarterly Operating Expenses rose 35.86% year-over-year to $80.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $426.8 million (up 64.41% YoY) and the FY2025 annual result came in at $349.3 million, up 4.98% from the prior year.
- Operating Expenses retreated to $80.0 million in Q1 2026, from $174.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $174.9 million in Q4 2025 to a low of $42.1 million in Q1 2022.
- A 5-year average of $79.1 million and a median of $74.8 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 455.65% — and 2023, when it plunged 50.18%.
- Tracing CAPL's Operating Expenses over 5 years: stood at $149.7 million in 2022, then sank by 50.18% to $74.6 million in 2023, then gained by 12.82% to $84.2 million in 2024, then jumped by 107.84% to $174.9 million in 2025, then plunged by 54.27% to $80.0 million in 2026.
- The last three Operating Expenses figures came in at $80.0 million (Q1 2026), $174.9 million (Q4 2025), and $84.1 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 97.05 Bn | 89.28 Bn | 9.27 Bn | 45.02 Bn |
| 2 | Valero Energy | 95.18 Bn | 87.30 Bn | 5.47 Bn | 233.00 Mn |
| 3 | Phillips 66 | 89.90 Bn | 85.80 Bn | 8.38 Bn | 47.07 Bn |
| 4 | HF Sinclair | 15.35 Bn | 13.09 Bn | 1.57 Bn | 9.22 Bn |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn | 13.68 Bn |
| 6 | PBF Energy | 8.19 Bn | 7.29 Bn | 1.15 Bn | 10.41 Bn |
| 7 | Cosan | 6.43 Bn | 1.32 Bn | 552.94 Mn | 803.77 Mn |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn | -124.64 Mn |
| 9 | Icahn Enterprises | 5.07 Bn | 3.10 Bn | 198.00 Mn | 3.36 Bn |
| 10 | CrossAmerica Partners | 867.65 Mn | 860.44 Mn | 112.79 Mn | 78.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 78.60 Mn |
| Mar 31, 2026 | 79.99 Mn |
| Dec 31, 2025 | 174.92 Mn |
| Sep 30, 2025 | 84.07 Mn |
| Jun 30, 2025 | 87.86 Mn |
| Mar 31, 2025 | 58.87 Mn |
| Dec 31, 2024 | 84.16 Mn |
| Sep 30, 2024 | 60.77 Mn |
| Jun 30, 2024 | 55.83 Mn |
| Mar 31, 2024 | 77.59 Mn |
| Dec 31, 2023 | 74.60 Mn |
| Sep 30, 2023 | 76.58 Mn |
| Jun 30, 2023 | 49.80 Mn |
| Mar 31, 2023 | 45.62 Mn |
| Dec 31, 2022 | 149.74 Mn |
| Sep 30, 2022 | 74.77 Mn |
| Jun 30, 2022 | 67.82 Mn |
| Mar 31, 2022 | 42.11 Mn |
| Dec 31, 2021 | -42.10 Mn |
| Sep 30, 2021 | 63.57 Mn |