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

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

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

Mister Car Wash's Operating Expenses history runs 7 years deep, the most recent figure standing at $218.9 million for 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 was $218.9 million for Q1 2026 at Mister Car Wash, down from $220.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $220.0 million in Q4 2025 to a low of $65.4 million in Q4 2022.
  • Historically, Operating Expenses has averaged $144.6 million across 5 years, with a median of $174.7 million in 2022.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 88.33% in 2022, then jumped 202.46% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $65.4 million in 2022, then surged by 195.74% to $193.3 million in 2023, then slumped by 62.36% to $72.7 million in 2024, then surged by 202.46% to $220.0 million in 2025, then dropped by 0.5% to $218.9 million in 2026.
  • The last three Operating Expenses figures came in at $218.9 million (Q1 2026), $220.0 million (Q4 2025), and $211.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -21.22 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 690.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 611.31 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 1.04 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 842.20 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 242.63 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 98.70 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 454.10 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 601.60 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