Hexcel (HXL) Operating Expenses (2009 - 2026)

Hexcel (HXL) posted Operating Expenses of $67.2 million for Q1 2026, up 20.21% on a QoQ basis from $55.9 million in Q4 2025, and up 17.69% year-over-year from $57.1 million in Q1 2025.

Hexcel (HXL) Operating Expenses (2009 - 2026) Analysis & Trends

Hexcel's Operating Expenses history runs 18 years deep, the most recent figure standing at $67.2 million for Q1 2026.

  • Quarterly Operating Expenses rose 17.69% year-over-year to $67.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $235.5 million (up 3.88% YoY) and the FY2025 annual result came in at $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.
  • Across five years, Operating Expenses topped out at $67.2 million in Q1 2026 and bottomed at $40.6 million in Q3 2022.
  • A 5-year average of $55.1 million and a median of $55.1 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses increased 20.27% — and 2025, when it slipped 10.92%.
  • Hexcel's Operating Expenses stood at $52.8 million in 2022, then increased by 2.27% to $54.0 million in 2023, then rose by 13.7% to $61.4 million in 2024, then fell by 8.96% to $55.9 million in 2025, then advanced by 20.21% to $67.2 million in 2026.
  • Business Quant data shows HXL's Operating Expenses at $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 General Electric 375.88 Bn 366.54 Bn -3.10 Bn 10.86 Bn
2 Rtx 290.44 Bn 282.14 Bn 9.91 Bn 21.96 Bn
3 Boeing 170.34 Bn 150.32 Bn 2.41 Bn 2.35 Bn
4 Lockheed Martin 133.47 Bn 129.67 Bn 2.45 Bn -
5 Howmet Aerospace 113.92 Bn 111.48 Bn 854.00 Mn 27.00 Mn
6 General Dynamics 103.44 Bn 99.11 Bn 6.76 Bn 12.63 Bn
7 Northrop Grumman 77.10 Bn 74.80 Bn 3.72 Bn 9.78 Bn
8 TransDigm 73.27 Bn 69.39 Bn 1.51 Bn 273.00 Mn
9 L3Harris Technologies 51.92 Bn 51.33 Bn 1.40 Bn 750.00 Mn
10 Hexcel 7.80 Bn 7.73 Bn 138.10 Mn 64.50 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