Hexcel (HXL) Operating Expenses (2009 - 2026)
Hexcel's (HXL) quarterly Operating Expenses came in at $64.5 million in Q2 2026, up 12.57% YoY from $57.3 million in Q2 2025, and down 4.02% on a QoQ basis from $67.2 million in Q1 2026.
Hexcel (HXL) Operating Expenses (2009 - 2026) Analysis & Trends
Hexcel (HXL) has 18 years of Operating Expenses data on file, last reported at $64.5 million in Q2 2026.
- Quarterly Operating Expenses rose 12.57% year-over-year to $64.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $242.7 million (up 5.8% YoY) and the FY2025 annual result came in at $225.4 million, down 3.55% from the prior year.
- Operating Expenses retreated to $64.5 million in Q2 2026, from $67.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $67.2 million in Q1 2026 to a low of $40.6 million in Q3 2022.
- A 5-year average of $55.6 million and a median of $55.4 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses advanced 20.27% — and 2025, when it fell 10.92%.
- Tracing HXL's Operating Expenses over 5 years: stood at $52.8 million in 2022, then climbed by 2.27% to $54.0 million in 2023, then grew by 13.7% to $61.4 million in 2024, then dropped by 8.96% to $55.9 million in 2025, then rose by 15.38% to $64.5 million in 2026.
- The last three Operating Expenses figures came in at $64.5 million (Q2 2026), $67.2 million (Q1 2026), and $55.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 332.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 499.67 Mn |
| 10 | Hexcel | 7.12 Bn | 7.05 Bn | 138.10 Mn | 64.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.50 Mn |
| 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 |