Hexcel (HXL) Operating Expenses (2009 - 2026)
Hexcel (HXL) posted Operating Expenses of $67.2 million for Q1 2026, up 20.21% quarter-over-quarter from $55.9 million in Q4 2025, and up 17.69% year-on-year from $57.1 million in Q1 2025.
Hexcel (HXL) Operating Expenses (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Operating Expenses for 18 consecutive years, with $67.2 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $67.2 million, up 17.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $235.5 million (up 3.88% YoY), and the FY2025 annual result was $225.4 million, down 3.55% from the prior year.
- Operating Expenses was $67.2 million for Q1 2026 at Hexcel, up from $55.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $67.2 million in Q1 2026 and troughed at $40.6 million in Q3 2022.
- Average Operating Expenses over 5 years is $55.1 million, with a median of $55.1 million recorded in 2025.
- Year-over-year, Operating Expenses grew 20.27% in 2022 and decreased 10.92% in 2025.
- Over 5 years, Operating Expenses stood at $52.8 million in 2022, then rose by 2.27% to $54.0 million in 2023, then advanced by 13.7% to $61.4 million in 2024, then dropped by 8.96% to $55.9 million in 2025, then climbed by 20.21% to $67.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $67.2 million in Q1 2026, $55.9 million in Q4 2025, and $55.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 2.10 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 19.59 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 12.06 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 120.00 Mn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 273.00 Mn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 8.89 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 132.46 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Hexcel | 7.44 Bn | 7.39 Bn | 134.70 Mn | 67.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.20 Mn |
| Dec 31, 2025 | 55.90 Mn |
| Sep 30, 2025 | 55.10 Mn |
| Jun 30, 2025 | 57.30 Mn |
| Mar 31, 2025 | 57.10 Mn |
| Dec 31, 2024 | 61.40 Mn |
| Sep 30, 2024 | 53.60 Mn |
| Jun 30, 2024 | 54.60 Mn |
| Mar 31, 2024 | 64.10 Mn |
| Dec 31, 2023 | 54.00 Mn |
| Sep 30, 2023 | 48.80 Mn |
| Jun 30, 2023 | 49.00 Mn |
| Mar 31, 2023 | 64.70 Mn |
| Dec 31, 2022 | 52.80 Mn |
| Sep 30, 2022 | 40.60 Mn |
| Jun 30, 2022 | 44.80 Mn |
| Mar 31, 2022 | 55.60 Mn |
| Dec 31, 2021 | 43.90 Mn |
| Sep 30, 2021 | 42.40 Mn |
| Jun 30, 2021 | 42.60 Mn |