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Chefs' Warehouse (CHEF) Operating Expenses (2016 - 2025)

Chefs' Warehouse (CHEF) has disclosed Operating Expenses for 16 consecutive years, with $225.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 8.87% to $225.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $849.8 million, a 8.27% increase, with the full-year FY2025 number at $849.8 million, up 8.27% from a year prior.
  • Operating Expenses was $225.2 million for Q4 2025 at Chefs' Warehouse, up from $208.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $225.2 million in Q4 2025 to a low of $80.2 million in Q1 2021.
  • A 5-year average of $161.8 million and a median of $179.3 million in 2023 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: dropped 25.64% in 2021, then skyrocketed 43.82% in 2023.
  • Chefs' Warehouse's Operating Expenses stood at $109.2 million in 2021, then skyrocketed by 40.44% to $153.4 million in 2022, then grew by 23.84% to $190.0 million in 2023, then grew by 8.86% to $206.8 million in 2024, then grew by 8.87% to $225.2 million in 2025.
  • Per Business Quant, the three most recent readings for CHEF's Operating Expenses are $225.2 million (Q4 2025), $208.1 million (Q3 2025), and $213.8 million (Q2 2025).