Costco Wholesale (COST) Operating Expenses (2009 - 2026)

Costco Wholesale has reported Operating Expenses for 18 years, with the latest figure at $6.3 billion in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 10.75% year-over-year to $6.3 billion; the trailing twelve-month figure through Feb 2026 stood at $26.1 billion (up 9.87% YoY), and the FY2025 full-year result was $25.0 billion, up 9.45% from the prior year.
• Operating Expenses for Q1 2026 stood at $6.3 billion, down from $6.3 billion in the prior quarter.
• The five-year high for Operating Expenses was $7.8 billion in Q3 2025, with the low at $4.4 billion in Q2 2022.
• Historically, Operating Expenses has averaged $5.7 billion across 5 years, with a median of $5.7 billion in 2025.
• Annual changes were most pronounced in 2023 — Operating Expenses rose 14.96% — and 2024, when it rose 1.84%.
• Costco Wholesale's Operating Expenses stood at $4.9 billion in 2022, then advanced by 8.97% to $5.4 billion in 2023, then climbed by 9.11% to $5.8 billion in 2024, then advanced by 8.35% to $6.3 billion in 2025, then retreated by 0.98% to $6.3 billion in 2026.
• The last three Operating Expenses figures came in at $6.3 billion (Q1 2026), $6.3 billion (Q4 2025), and $7.8 billion (Q3 2025), per Business Quant data.