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| 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 |