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
DateValue
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