Hub HUBG
NASDAQ HUBG
$35.67 +0.33 (+0.93%)
As of: Sep 10, 2026 · 3:59 PM EDT

Hub (HUBG) Operating Expenses (2009 - 2025)

Hub (HUBG) posted Operating Expenses of $895.1 million for Q3 2025, up 2.73% on a QoQ basis from $871.3 million in Q2 2025, and down 6.26% year-over-year from $954.8 million in Q3 2024.

Analysis

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

Hub has reported Operating Expenses for 17 years, with the latest figure at $895.1 million in Q3 2025.

  • On a quarterly basis, Operating Expenses fell 6.26% year-over-year to $895.1 million in Q3 2025; TTM through Sep 2025 was $3.6 billion, a 6.11% decrease from a year earlier, with the FY2024 full-year figure at $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.
  • The five-year high for Operating Expenses was $3.7 billion in Q4 2021, with the low at $83.6 million in Q2 2021.
  • Average Operating Expenses over 5 years is $1.0 billion, with a median of $955.6 million recorded in 2023.
  • The sharpest annual moves came in 2021 and 2022: Operating Expenses soared 4911.48% in 2021, then tumbled 68.31% in 2022.
  • Over 5 years, Operating Expenses stood at $3.7 billion in 2021, then plunged by 68.31% to $1.2 billion in 2022, then declined by 19.1% to $955.6 million in 2023, then slipped by 1.43% to $942.0 million in 2024, then dropped 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Copart 28.74 Bn 25.39 Bn 732.88 Mn 772.78 Mn
2 Expeditors International Of Washington 24.78 Bn 23.75 Bn 1.09 Bn 3.15 Bn
3 C. H. Robinson Worldwide 18.07 Bn 17.92 Bn 1.11 Bn 4.68 Bn
4 Rb Global 14.96 Bn 14.44 Bn 935.50 Mn 1.09 Bn
5 Ryder System 9.29 Bn 9.29 Bn 1.45 Bn 3.16 Bn
6 Landstar System 5.89 Bn 5.55 Bn 308.86 Mn 1.37 Bn
7 GXO Logistics 5.22 Bn 4.45 Bn 508.00 Mn 389.00 Mn
8 Rxo 3.30 Bn 3.28 Bn 302.00 Mn 218.00 Mn
9 Hub 2.14 Bn 1.99 Bn 250.84 Mn 895.05 Mn
10 Cryoport 770.01 Mn 373.32 Mn 22.82 Mn 32.86 Mn
Historic Data

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