Goosehead Insurance (GSHD) Operating Expenses (2017 - 2026)

Goosehead Insurance (GSHD) recorded quarterly Operating Expenses of $78.1 million in Q1 2026, up 5.0% quarter-over-quarter from $74.4 million in Q4 2025, and up 13.21% on a YoY basis from $69.0 million in Q1 2025.

Goosehead Insurance (GSHD) Operating Expenses (2017 - 2026) Analysis & Trends

Goosehead Insurance's Operating Expenses history runs 10 years deep, the most recent figure standing at $78.1 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 13.21% year-over-year to $78.1 million; the TTM figure through Mar 2026 stood at $300.0 million (up 15.67% YoY), while the FY2025 annual figure was $290.9 million, up 14.8% from the prior year.
  • Operating Expenses was $78.1 million for Q1 2026 at Goosehead Insurance, up from $74.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $78.4 million in Q2 2025 to a low of $47.4 million in Q2 2022.
  • Historically, Operating Expenses has averaged $61.8 million across 5 years, with a median of $61.6 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 47.92% in 2022, then increased 6.53% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $50.6 million in 2022, then rose by 11.26% to $56.3 million in 2023, then climbed by 17.29% to $66.1 million in 2024, then increased by 12.54% to $74.4 million in 2025, then advanced by 5.0% to $78.1 million in 2026.
  • The last three Operating Expenses figures came in at $78.1 million (Q1 2026), $74.4 million (Q4 2025), and $69.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 5.84 Bn
2 Aon 69.98 Bn 68.59 Bn - 3.32 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 3.72 Bn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 1.96 Bn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 17.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 24.35 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 22.68 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 271.30 Mn
10 Goosehead Insurance 852.81 Mn 740.81 Mn - 78.08 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 78.08 Mn
Dec 31, 2025 74.36 Mn
Sep 30, 2025 69.16 Mn
Jun 30, 2025 78.37 Mn
Mar 31, 2025 68.97 Mn
Dec 31, 2024 66.07 Mn
Sep 30, 2024 61.60 Mn
Jun 30, 2024 62.69 Mn
Mar 31, 2024 63.01 Mn
Dec 31, 2023 56.33 Mn
Sep 30, 2023 57.42 Mn
Jun 30, 2023 58.09 Mn
Mar 31, 2023 56.49 Mn
Dec 31, 2022 50.63 Mn
Sep 30, 2022 53.90 Mn
Jun 30, 2022 47.36 Mn
Mar 31, 2022 47.38 Mn
Dec 31, 2021 38.08 Mn
Sep 30, 2021 38.14 Mn
Jun 30, 2021 34.39 Mn