Hexcel (HXL) Operating Expenses (2009 - 2026)
Hexcel's (HXL) quarterly Operating Expenses came in at $64.5 million in Q2 2026, up 12.57% on a YoY basis from $57.3 million in Q2 2025, and down 4.02% quarter-over-quarter from $67.2 million in Q1 2026.
Analysis
Hexcel (HXL) Operating Expenses (2009 - 2026) Analysis & Trends
Hexcel (HXL) has reported Operating Expenses for 18 consecutive years, with $64.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 12.57% year-over-year to $64.5 million; the trailing twelve-month figure through Jun 2026 stood at $242.7 million (up 5.8% YoY), and the FY2025 full-year result was $225.4 million, down 3.55% from the prior year.
- Operating Expenses declined to $64.5 million in Q2 2026 per HXL's latest filing, from $67.2 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.
- Historically, Operating Expenses has averaged $55.6 million across 5 years, with a median of $55.4 million in 2022.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses climbed 20.27% in 2022, then retreated 10.92% in 2025.
- Over 5 years, 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 15.38% to $64.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $64.5 million, $67.2 million, and $55.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 140.57 Bn | 138.07 Bn | 1.63 Bn | 907.00 Mn |
| 2 | Ati | 27.14 Bn | 26.36 Bn | 309.80 Mn | 99.60 Mn |
| 3 | Qnity Electronics | 25.86 Bn | 24.90 Bn | 666.00 Mn | 298.00 Mn |
| 4 | International Flavors & Fragrances | 21.43 Bn | 20.86 Bn | 853.00 Mn | 613.00 Mn |
| 5 | DuPont de Nemours | 17.29 Bn | 15.55 Bn | 639.00 Mn | 311.00 Mn |
| 6 | Avery Dennison | 12.89 Bn | 12.67 Bn | 729.40 Mn | 394.80 Mn |
| 7 | Solstice Advanced Materials | 9.77 Bn | 9.02 Bn | 370.00 Mn | 148.00 Mn |
| 8 | Element Solutions | 8.34 Bn | 8.15 Bn | 334.00 Mn | 220.30 Mn |
| 9 | Eastman Chemical | 7.81 Bn | 7.12 Bn | 560.00 Mn | 251.00 Mn |
| 10 | Hexcel | 6.78 Bn | 6.72 Bn | 138.10 Mn | 64.50 Mn |
Historic Data
Download Data
Historic 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 |