Macy's (M) Operating Expenses (2009 - 2026)
Macy's (M) posted Operating Expenses of $2.6 billion for Q1 2026, up 26.04% sequentially from $2.0 billion in Q4 2025, and little changed YoY from $2.6 billion in Q1 2025.
Macy's (M) Operating Expenses (2009 - 2026) Analysis & Trends
Macy's has reported Operating Expenses for 18 years, with the latest figure at $2.6 billion in Q1 2026.
- Quarterly Operating Expenses changed 0.08% year-over-year to $2.6 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $8.5 billion (changed 0.36% YoY) and the FY2026 annual result came in at $8.5 billion, changed 0.36% from the prior year.
- Operating Expenses advanced to $2.6 billion in Q1 2026 per M's latest filing, from $2.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $3.4 billion in Q1 2024 and troughed at $1.9 billion in Q2 2022.
- A 5-year average of $2.2 billion and a median of $2.0 billion in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses jumped 37.99% in 2024, then decreased 25.01% in 2025.
- Over 5 years, Operating Expenses stood at $2.1 billion in 2022, then dropped by 2.28% to $2.1 billion in 2023, then dropped by 0.68% to $2.0 billion in 2024, then declined by 0.64% to $2.0 billion in 2025, then rose by 26.04% to $2.6 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.6 billion, $2.0 billion, and $2.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| May 2, 2026 | 1.94 Bn |
| Jan 31, 2026 | 2.56 Bn |
| Nov 1, 2025 | 2.03 Bn |
| Aug 2, 2025 | 1.97 Bn |
| May 3, 2025 | 1.92 Bn |
| Feb 1, 2025 | 2.56 Bn |
| Nov 2, 2024 | 2.04 Bn |
| Aug 3, 2024 | 1.97 Bn |
| May 4, 2024 | 1.93 Bn |
| Feb 3, 2024 | 3.41 Bn |
| Oct 28, 2023 | 2.06 Bn |
| Jul 29, 2023 | 1.98 Bn |
| Apr 29, 2023 | 1.95 Bn |
| Jan 28, 2023 | 2.47 Bn |
| Oct 29, 2022 | 2.10 Bn |
| Jul 30, 2022 | 2.01 Bn |
| Apr 30, 2022 | 1.91 Bn |
| Jan 29, 2022 | 2.55 Bn |
| Oct 30, 2021 | 1.97 Bn |
| Jul 31, 2021 | 1.90 Bn |