OneWater Marine (ONEW) Operating Expenses (2018 - 2026)
OneWater Marine (ONEW) posted Operating Expenses of $92.3 million for Q1 2026, up 3.91% sequentially from $88.8 million in Q4 2025, and up 4.62% YoY from $88.2 million in Q1 2025.
OneWater Marine (ONEW) Operating Expenses (2018 - 2026) Analysis & Trends
OneWater Marine (ONEW) has 9 years of Operating Expenses data on file, last reported at $92.3 million in Q1 2026.
- Quarterly Operating Expenses rose 4.62% year-over-year to $92.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $504.4 million (up 50.47% YoY) and the FY2025 annual result came in at $507.8 million, up 41.31% from the prior year.
- Operating Expenses improved to $92.3 million in Q1 2026 per ONEW's latest filing, from $88.8 million in the prior quarter.
- The five-year high for Operating Expenses was $232.1 million in Q3 2023, with the low at $75.5 million in Q1 2022.
- Average Operating Expenses over 5 years is $103.1 million, with a median of $88.2 million recorded in 2025.
- Year-over-year, Operating Expenses surged 191.31% in 2023 and plunged 65.5% in 2024.
- OneWater Marine's Operating Expenses stood at $77.8 million in 2022, then increased by 2.26% to $79.6 million in 2023, then climbed by 0.39% to $79.9 million in 2024, then increased by 11.1% to $88.8 million in 2025, then gained by 3.91% to $92.3 million in 2026.
- Business Quant data shows ONEW's Operating Expenses at $92.3 million in Q1 2026, $88.8 million in Q4 2025, and $231.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | NaaS Technology | 29.20 Bn | 29.20 Bn | - | - |
| 2 | Caseys General Stores | 28.94 Bn | 28.48 Bn | 1.08 Bn | 730.02 Mn |
| 3 | Williams Sonoma | 27.71 Bn | 26.69 Bn | 1.10 Bn | 627.08 Mn |
| 4 | Dick'S Sporting Goods | 19.10 Bn | 17.75 Bn | 1.77 Bn | 1.57 Bn |
| 5 | Tractor Supply | 16.98 Bn | 16.76 Bn | 1.30 Bn | 941.15 Mn |
| 6 | Best Buy | 16.25 Bn | 14.50 Bn | 2.10 Bn | 1.73 Bn |
| 7 | Murphy USA | 10.35 Bn | 10.23 Bn | 3.98 Bn | 279.80 Mn |
| 8 | Five Below | 10.07 Bn | 9.13 Bn | 696.98 Mn | 337.11 Mn |
| 9 | Winmark | 8.93 Bn | 8.93 Bn | 20.23 Mn | 7.87 Mn |
| 10 | OneWater Marine | 183.42 Mn | 140.64 Mn | 105.53 Mn | 92.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 92.26 Mn |
| Dec 31, 2025 | 88.78 Mn |
| Sep 30, 2025 | 230.96 Mn |
| Jun 30, 2025 | 92.37 Mn |
| Mar 31, 2025 | 88.18 Mn |
| Dec 31, 2024 | 79.91 Mn |
| Sep 30, 2024 | 80.05 Mn |
| Jun 30, 2024 | 87.06 Mn |
| Mar 31, 2024 | 98.36 Mn |
| Dec 31, 2023 | 79.60 Mn |
| Sep 30, 2023 | 232.05 Mn |
| Jun 30, 2023 | 92.84 Mn |
| Mar 31, 2023 | 90.19 Mn |
| Dec 31, 2022 | 77.84 Mn |
| Sep 30, 2022 | 79.66 Mn |
| Jun 30, 2022 | 87.87 Mn |
| Mar 31, 2022 | 75.49 Mn |
| Dec 31, 2021 | 62.10 Mn |
| Sep 30, 2021 | 55.60 Mn |
| Jun 30, 2021 | 60.54 Mn |