Chefs' Warehouse (CHEF) Operating Expenses (2010 - 2026)
Chefs' Warehouse's (CHEF) quarterly Operating Expenses came in at $234.2 million in Q2 2026, up 9.56% year-over-year from $213.7 million in Q2 2025, and up 4.48% quarter-over-quarter from $224.1 million in Q1 2026.
Analysis
Chefs' Warehouse (CHEF) Operating Expenses (2010 - 2026) Analysis & Trends
Chefs' Warehouse (CHEF) has reported Operating Expenses for 17 consecutive years, with $234.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 9.56% year-over-year to $234.2 million in Q2 2026; TTM through Jun 2026 was $891.6 million, a 9.24% increase from a year earlier, with the FY2025 full-year figure at $849.8 million, up 8.27% from the prior year.
- Operating Expenses was $234.2 million for Q2 2026 at Chefs' Warehouse, up from $224.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $234.2 million in Q2 2026 and troughed at $110.1 million in Q1 2022.
- A 5-year average of $184.2 million and a median of $191.6 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 43.82% in 2023 and climbed 6.54% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at $153.4 million in 2022, then advanced by 23.84% to $190.0 million in 2023, then advanced by 8.86% to $206.8 million in 2024, then advanced by 8.87% to $225.2 million in 2025, then gained by 4.01% to $234.2 million in 2026.
- The last three Operating Expenses figures came in at $234.2 million (Q2 2026), $224.1 million (Q1 2026), and $225.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 38.34 Bn | 36.56 Bn | 4.13 Bn | 3.15 Bn |
| 2 | US Foods Holding | 22.50 Bn | 22.45 Bn | 1.92 Bn | 1.48 Bn |
| 3 | Performance Food | 15.40 Bn | 15.31 Bn | 2.17 Bn | 1.85 Bn |
| 4 | Chefs' Warehouse | 4.66 Bn | 4.53 Bn | 292.89 Mn | 234.18 Mn |
| 5 | United Natural Foods | 2.67 Bn | 2.63 Bn | 1.05 Bn | 954.00 Mn |
| 6 | Karat Packaging | 964.06 Mn | 917.72 Mn | 77.16 Mn | 39.56 Mn |
| 7 | G Willi Food International | 359.40 Mn | 313.05 Mn | 18.94 Mn | 2.94 Mn |
| 8 | HF Foods | 95.40 Mn | 96.45 Mn | 55.05 Mn | 52.23 Mn |
| 9 | Amcon Distributing | 66.02 Mn | 65.38 Mn | 49.80 Mn | 43.56 Mn |
| 10 | Marwynn Holdings | 25.85 Mn | 25.70 Mn | 481,872.00 | 228,099.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 234.18 Mn |
| 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 |