CF Industries Holdings (CF) Operating Expenses (2009 - 2026)
CF Industries Holdings (CF) reported Operating Expenses of $103.0 million for Q1 2026, down 14.88% year-over-year from $121.0 million in Q1 2025, and down 31.33% quarter-over-quarter from $150.0 million in Q4 2025.
CF Industries Holdings (CF) Operating Expenses (2009 - 2026) Analysis & Trends
CF Industries Holdings (CF) has 18 years of Operating Expenses data on file, last reported at $103.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $103.0 million, down 14.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $420.0 million (up 28.44% YoY), and the FY2025 annual result was $438.0 million, up 39.49% from the prior year.
- Operating Expenses declined to $103.0 million in Q1 2026 per CF's latest filing, from $150.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $241.0 million in Q2 2022 and troughed at $38.0 million in Q2 2024.
- A 5-year average of $101.2 million and a median of $86.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 276.56% in 2022, then sank 68.05% in 2023.
- A 5-year view of Operating Expenses shows it stood at $65.0 million in 2022, then increased by 21.54% to $79.0 million in 2023, then grew by 8.86% to $86.0 million in 2024, then surged by 74.42% to $150.0 million in 2025, then sank by 31.33% to $103.0 million in 2026.
- Business Quant data shows CF's Operating Expenses at $103.0 million in Q1 2026, $150.0 million in Q4 2025, and $58.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nutrien | 32,340,670.53 Bn | 32,340,669.70 Bn | 1.65 Bn | 164.00 Mn |
| 2 | Corteva | 52.38 Bn | 48.09 Bn | 1.66 Bn | 1.29 Bn |
| 3 | CF Industries Holdings | 17.50 Bn | 18.37 Bn | 746.00 Mn | 103.00 Mn |
| 4 | Mosaic | 7.06 Bn | 6.93 Bn | 235.60 Mn | 135.90 Mn |
| 5 | Scotts Miracle-Gro | 3.34 Bn | 3.34 Bn | 610.50 Mn | 201.40 Mn |
| 6 | Fmc | 1.46 Bn | 1.10 Bn | 246.60 Mn | 839.60 Mn |
| 7 | Cvr Partners | 1.25 Bn | 1.13 Bn | 116.84 Mn | 9.03 Mn |
| 8 | Intrepid Potash | 459.41 Mn | 453.51 Mn | 17.67 Mn | 11.27 Mn |
| 9 | American Vanguard | 76.21 Mn | 5.29 Mn | 38.42 Mn | 32.98 Mn |
| 10 | Bioceres Crop Solutions | 26.72 Mn | 40.72 Mn | 12.70 Mn | -18.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 103.00 Mn |
| Dec 31, 2025 | 150.00 Mn |
| Sep 30, 2025 | 58.00 Mn |
| Jun 30, 2025 | 109.00 Mn |
| Mar 31, 2025 | 121.00 Mn |
| Dec 31, 2024 | 86.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Jun 30, 2024 | 38.00 Mn |
| Mar 31, 2024 | 108.00 Mn |
| Dec 31, 2023 | 79.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | 77.00 Mn |
| Mar 31, 2023 | 54.00 Mn |
| Dec 31, 2022 | 65.00 Mn |
| Sep 30, 2022 | 186.00 Mn |
| Jun 30, 2022 | 241.00 Mn |
| Mar 31, 2022 | 66.00 Mn |
| Dec 31, 2021 | 36.00 Mn |
| Sep 30, 2021 | 552.00 Mn |
| Jun 30, 2021 | 64.00 Mn |