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
DateValue
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