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| Date | Value |
|---|---|
| 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 |