Hub (HUBG) Operating Expenses (2009 - 2025)

Hub (HUBG) recorded quarterly Operating Expenses of $895.1 million in Q3 2025, up 2.73% quarter-over-quarter from $871.3 million in Q2 2025, and down 6.26% on a YoY basis from $954.8 million in Q3 2024.

Hub (HUBG) Operating Expenses (2009 - 2025) Analysis & Trends

Hub's Operating Expenses history runs 17 years deep, the most recent figure standing at $895.1 million for Q3 2025.

  • In Q3 2025, Operating Expenses fell 6.26% year-over-year to $895.1 million; the TTM figure through Sep 2025 stood at $3.6 billion (down 6.11% YoY), while the FY2024 annual figure was $3.8 billion, down 4.62% from the prior year.
  • Operating Expenses was $895.1 million for Q3 2025 at Hub, up from $871.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.7 billion in Q4 2021 to a low of $83.6 million in Q2 2021.
  • Historically, Operating Expenses has averaged $1.0 billion across 5 years, with a median of $955.6 million in 2023.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses surged 4911.48% in 2021, then plunged 68.31% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $3.7 billion in 2021, then sank by 68.31% to $1.2 billion in 2022, then dropped by 19.1% to $955.6 million in 2023, then decreased by 1.43% to $942.0 million in 2024, then slipped by 4.98% to $895.1 million in 2025.
  • The last three Operating Expenses figures came in at $895.1 million (Q3 2025), $871.3 million (Q2 2025), and $877.9 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 United Parcel Service 92.26 Bn 86.49 Bn 18.44 Bn 19.94 Bn
2 Fedex 78.12 Bn 66.43 Bn 20.49 Bn 22.65 Bn
3 Hunt J B Transport Services 26.94 Bn 26.93 Bn 2.88 Bn 2.85 Bn
4 C. H. Robinson Worldwide 22.05 Bn 21.89 Bn 1.50 Bn 3.84 Bn
5 Expeditors International Of Washington 21.79 Bn 20.48 Bn 2.84 Bn 2.61 Bn
6 Landstar System 7.42 Bn 7.01 Bn 1.16 Bn 1.12 Bn
7 GXO Logistics 5.58 Bn 4.83 Bn 490.00 Mn 385.00 Mn
8 ZTO Express (Cayman) 2.73 Bn -774.03 Mn 469.01 Mn -100.02 Mn
9 Pitney Bowes 2.47 Bn 2.16 Bn 375.39 Mn 396.94 Mn
10 Hub 2.58 Mn 2.11 Mn 250.84 Mn 895.05 Mn

Historic Data

Download Data
DateValue
Sep 30, 2025 895.05 Mn
Jun 30, 2025 871.30 Mn
Mar 31, 2025 877.88 Mn
Dec 31, 2024 941.99 Mn
Sep 30, 2024 954.79 Mn
Jun 30, 2024 946.97 Mn
Mar 31, 2024 962.35 Mn
Dec 31, 2023 955.62 Mn
Sep 30, 2023 982.28 Mn
Jun 30, 2023 978.39 Mn
Mar 31, 2023 1.07 Bn
Dec 31, 2022 1.18 Bn
Sep 30, 2022 1.24 Bn
Jun 30, 2022 1.26 Bn
Mar 31, 2022 1.18 Bn
Dec 31, 2021 3.73 Bn
Sep 30, 2021 97.73 Mn
Jun 30, 2021 83.61 Mn
Mar 31, 2021 84.70 Mn
Dec 31, 2020 74.39 Mn