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| Date | Value |
|---|---|
| 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 |