Mister Car Wash (MCW) Operating Expenses (2020 - 2026)

Mister Car Wash (MCW) posted quarterly Operating Expenses of $218.9 million for Q1 2026, up 194.81% year-over-year from $74.3 million in Q1 2025, and down 0.5% on a QoQ basis from $220.0 million in Q4 2025.

Mister Car Wash (MCW) Operating Expenses (2020 - 2026) Analysis & Trends

Mister Car Wash (MCW) has reported Operating Expenses for 7 consecutive years, with $218.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 194.81% year-over-year to $218.9 million; the TTM figure through Mar 2026 stood at $727.1 million (up 32.98% YoY), while the FY2025 annual figure was $851.5 million, up 192.92% from the prior year.
  • Operating Expenses came in at $218.9 million for Q1 2026 at Mister Car Wash, down from $220.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $220.0 million in Q4 2025, with the low at $65.4 million in Q4 2022.
  • Average Operating Expenses over 5 years is $144.6 million, with a median of $174.7 million recorded in 2022.
  • Across the five-year window, Operating Expenses slumped 88.33% in 2022 and jumped 202.46% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $65.4 million in 2022, then surged by 195.74% to $193.3 million in 2023, then tumbled by 62.36% to $72.7 million in 2024, then surged by 202.46% to $220.0 million in 2025, then retreated by 0.5% to $218.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $218.9 million, $220.0 million, and $211.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 1,188.60
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 690.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 1.01 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 635.18 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.04 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 842.20 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 242.63 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 98.70 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 510.40 Mn
10 Mister Car Wash 2.33 Bn 2.28 Bn 164.59 Mn 218.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 218.90 Mn
Dec 31, 2025 220.01 Mn
Sep 30, 2025 211.56 Mn
Jun 30, 2025 76.63 Mn
Mar 31, 2025 74.25 Mn
Dec 31, 2024 72.74 Mn
Sep 30, 2024 199.74 Mn
Jun 30, 2024 200.04 Mn
Mar 31, 2024 71.66 Mn
Dec 31, 2023 193.26 Mn
Sep 30, 2023 191.02 Mn
Jun 30, 2023 70.82 Mn
Mar 31, 2023 180.38 Mn
Dec 31, 2022 65.35 Mn
Sep 30, 2022 174.67 Mn
Jun 30, 2022 170.84 Mn
Mar 31, 2022 65.54 Mn
Dec 31, 2021 559.82 Mn
Sep 30, 2021 154.79 Mn
Jun 30, 2021 335.03 Mn