FirstCash Holdings (FCFS) Operating Expenses (2010 - 2026)

FirstCash Holdings (FCFS) recorded quarterly Operating Expenses of $397.3 million in Q1 2026, up 650.05% quarter-over-quarter from -$72.2 million in Q4 2025, and up 85.13% on a YoY basis from $214.6 million in Q1 2025.

FirstCash Holdings (FCFS) Operating Expenses (2010 - 2026) Analysis & Trends

FirstCash Holdings' Operating Expenses history runs 17 years deep, the most recent figure standing at $397.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 85.13% year-over-year to $397.3 million; the TTM figure through Mar 2026 stood at $893.3 million (down 30.22% YoY), while the FY2025 annual figure was $933.7 million, down 27.44% from the prior year.
  • Operating Expenses was $397.3 million for Q1 2026 at FirstCash Holdings, up from -$72.2 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $612.3 million in Q4 2024 to a low of -$72.2 million in Q4 2025.
  • Historically, Operating Expenses has averaged $248.7 million across 5 years, with a median of $236.5 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 510.91% in 2023, then tumbled 111.79% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $35.5 million in 2022, then surged by 510.91% to $216.8 million in 2023, then soared by 182.46% to $612.3 million in 2024, then sank by 111.79% to -$72.2 million in 2025, then soared by 650.05% to $397.3 million in 2026.
  • The last three Operating Expenses figures came in at $397.3 million (Q1 2026), -$72.2 million (Q4 2025), and $236.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 FirstCash Holdings - - 542.38 Mn 397.25 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 397.25 Mn
Dec 31, 2025 -72.22 Mn
Sep 30, 2025 236.53 Mn
Jun 30, 2025 331.74 Mn
Mar 31, 2025 214.59 Mn
Dec 31, 2024 612.33 Mn
Sep 30, 2024 224.93 Mn
Jun 30, 2024 228.37 Mn
Mar 31, 2024 221.14 Mn
Dec 31, 2023 216.78 Mn
Sep 30, 2023 311.02 Mn
Jun 30, 2023 292.36 Mn
Mar 31, 2023 284.84 Mn
Dec 31, 2022 35.49 Mn
Sep 30, 2022 247.90 Mn
Jun 30, 2022 191.35 Mn
Mar 31, 2022 254.18 Mn
Dec 31, 2021 191.12 Mn
Sep 30, 2021 188.79 Mn
Jun 30, 2021 139.13 Mn