Mister Car Wash (MCW) Operating Expenses (2020 - 2026)
Mister Car Wash (MCW) posted quarterly Operating Expenses of $76.7 million for Q1 2026, up 3.3% year-over-year from $74.3 million in Q1 2025, and up 2.48% quarter-over-quarter from $74.8 million in Q4 2025.
Analysis
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 $76.7 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 3.3% year-over-year to $76.7 million; the TTM figure through Mar 2026 stood at $574.4 million (down 17.17% YoY), while the FY2025 annual figure was $302.3 million, down 62.94% from the prior year.
- Operating Expenses for Q1 2026 stood at $76.7 million, up from $74.8 million in the prior quarter.
- The five-year high for Operating Expenses was $219.4 million in Q4 2024, with the low at -$276.3 million in Q4 2023.
- The 5-year median for Operating Expenses is $74.8 million (2025), against an average of $103.9 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses sank 257.17% in 2023, then jumped 182.45% in 2024.
- Mister Car Wash's Operating Expenses stood at $175.8 million in 2022, then tumbled by 257.17% to -$276.3 million in 2023, then soared by 179.4% to $219.4 million in 2024, then tumbled by 65.88% to $74.8 million in 2025, then increased by 2.48% to $76.7 million in 2026.
- Business Quant data shows MCW's Operating Expenses at $76.7 million in Q1 2026, $74.8 million in Q4 2025, and $211.6 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | 704.00 Mn |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 1.02 Bn |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 245.47 Mn |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | 635.18 Mn |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | 1.01 Bn |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | 856.30 Mn |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | 4.48 Mn |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | 103.10 Mn |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 487.10 Mn |
| 10 | Mister Car Wash | 2.33 Bn | 2.28 Bn | 164.59 Mn | 218.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 218.90 Mn |
| Dec 31, 2025 | 220.01 Mn |
| Sep 30, 2025 | 211.56 Mn |
| Jun 30, 2025 | 211.27 Mn |
| Mar 31, 2025 | 208.69 Mn |
| Dec 31, 2024 | 219.37 Mn |
| Sep 30, 2024 | 199.74 Mn |
| Jun 30, 2024 | 200.04 Mn |
| Mar 31, 2024 | 196.64 Mn |
| Dec 31, 2023 | 193.26 Mn |
| Sep 30, 2023 | 191.02 Mn |
| Jun 30, 2023 | 184.26 Mn |
| Mar 31, 2023 | 180.38 Mn |
| Dec 31, 2022 | 175.79 Mn |
| Sep 30, 2022 | 174.67 Mn |
| Jun 30, 2022 | 170.84 Mn |
| Mar 31, 2022 | 167.49 Mn |
| Dec 31, 2021 | 144.47 Mn |
| Sep 30, 2021 | 154.79 Mn |
| Jun 30, 2021 | 335.03 Mn |