Chefs' Warehouse (CHEF) Operating Expenses (2010 - 2026)
Chefs' Warehouse (CHEF) reported Operating Expenses of $224.1 million for Q1 2026, up 10.55% year-over-year from $202.8 million in Q1 2025, and little changed quarter-over-quarter from $225.2 million in Q4 2025.
Chefs' Warehouse (CHEF) Operating Expenses (2010 - 2026) Analysis & Trends
Chefs' Warehouse (CHEF) has 17 years of Operating Expenses data on file, last reported at $224.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $224.1 million, up 10.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $871.2 million (up 9.27% YoY), and the FY2025 annual result was $849.8 million, up 8.27% from the prior year.
- Operating Expenses held at $224.1 million in Q1 2026 per CHEF's latest filing, from $225.2 million in the prior quarter.
- Over five years, Operating Expenses peaked at $225.2 million in Q4 2025 and troughed at $110.1 million in Q1 2022.
- A 5-year average of $181.3 million and a median of $190.3 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 43.82% in 2023, then grew 6.54% in 2025.
- A 5-year view of Operating Expenses shows it stood at $153.4 million in 2022, then climbed by 23.84% to $190.0 million in 2023, then climbed by 8.86% to $206.8 million in 2024, then climbed by 8.87% to $225.2 million in 2025, then retreated by 0.45% to $224.1 million in 2026.
- Business Quant data shows CHEF's Operating Expenses at $224.1 million in Q1 2026, $225.2 million in Q4 2025, and $208.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 37.73 Bn | 35.83 Bn | 3.81 Bn | 3.19 Bn |
| 2 | US Foods Holding | 19.91 Bn | 19.86 Bn | 1.65 Bn | 1.44 Bn |
| 3 | Performance Food | 15.69 Bn | 15.65 Bn | 1.94 Bn | 1.79 Bn |
| 4 | Chefs' Warehouse | 3.31 Bn | 3.19 Bn | 257.37 Mn | 224.15 Mn |
| 5 | United Natural Foods | 3.08 Bn | 3.04 Bn | 1.05 Bn | 954.00 Mn |
| 6 | Andersons | 2.53 Bn | 2.50 Bn | 160.58 Mn | - |
| 7 | Mission Produce | 800.45 Mn | 798.35 Mn | 20.50 Mn | 21.10 Mn |
| 8 | G Willi Food International | 481.37 Mn | 403.39 Mn | 14.95 Mn | 2.64 Mn |
| 9 | CVGW | 466.33 Mn | 420.35 Mn | - | - |
| 10 | HF Foods | 100.80 Mn | 101.81 Mn | 50.53 Mn | 49.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 224.15 Mn |
| Dec 26, 2025 | 225.15 Mn |
| Sep 26, 2025 | 208.13 Mn |
| Jun 27, 2025 | 213.75 Mn |
| Mar 28, 2025 | 202.76 Mn |
| Dec 27, 2024 | 206.80 Mn |
| Sep 27, 2024 | 192.89 Mn |
| Jun 28, 2024 | 194.83 Mn |
| Mar 29, 2024 | 190.32 Mn |
| Dec 29, 2023 | 189.97 Mn |
| Sep 29, 2023 | 179.61 Mn |
| Jun 30, 2023 | 179.04 Mn |
| Mar 31, 2023 | 156.14 Mn |
| Dec 30, 2022 | 153.39 Mn |
| Sep 23, 2022 | 130.26 Mn |
| Jun 24, 2022 | 124.49 Mn |
| Mar 25, 2022 | 110.09 Mn |
| Dec 24, 2021 | 109.22 Mn |
| Sep 24, 2021 | 99.43 Mn |
| Jun 25, 2021 | 90.36 Mn |