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

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

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

FirstCash Holdings (FCFS) has reported Operating Expenses for 17 consecutive years, with $397.3 million the latest figure, recorded in 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 came in at $397.3 million for Q1 2026 at FirstCash Holdings, up from -$72.2 million in the prior quarter.
  • The five-year high for Operating Expenses was $612.3 million in Q4 2024, with the low at -$72.2 million in Q4 2025.
  • Average Operating Expenses over 5 years is $248.7 million, with a median of $236.5 million recorded in 2025.
  • Across the five-year window, Operating Expenses jumped 510.91% in 2023 and plunged 111.79% in 2025, its largest moves.
  • Year by year, Operating Expenses 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 slumped by 111.79% to -$72.2 million in 2025, then soared by 650.05% to $397.3 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $397.3 million, -$72.2 million, and $236.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 4.00 Bn
2 Mastercard 465.55 Bn 455.34 Bn - 3.49 Bn
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 13.88 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 6.87 Bn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 950.34 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 891.92 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 1.24 Bn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 422.90 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn -363.39 Mn
10 FirstCash Holdings 125.59 Mn -856.28 Mn 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