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| 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 |