OneWater Marine (ONEW) Operating Expenses (2018 - 2026)

OneWater Marine's (ONEW) quarterly Operating Expenses came in at $92.3 million in Q1 2026, up 4.62% year-on-year from $88.2 million in Q1 2025, and up 3.91% quarter-over-quarter from $88.8 million in Q4 2025.

OneWater Marine (ONEW) Operating Expenses (2018 - 2026) Analysis & Trends

OneWater Marine has disclosed Operating Expenses across 9 years of filings, most recently posting $92.3 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $92.3 million, up 4.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $504.4 million (up 50.47% YoY), and the FY2025 annual result was $507.8 million, up 41.31% from the prior year.
  • Operating Expenses came in at $92.3 million for Q1 2026 at OneWater Marine, up from $88.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $232.1 million in Q3 2023 to a low of $75.5 million in Q1 2022.
  • The 5-year median for Operating Expenses is $88.2 million (2025), against an average of $103.1 million.
  • Across the five-year window, Operating Expenses jumped 191.31% in 2023 and slumped 65.5% in 2024, its largest moves.
  • OneWater Marine's Operating Expenses stood at $77.8 million in 2022, then advanced by 2.26% to $79.6 million in 2023, then rose by 0.39% to $79.9 million in 2024, then advanced by 11.1% to $88.8 million in 2025, then grew by 3.91% to $92.3 million in 2026.
  • The last three Operating Expenses figures came in at $92.3 million (Q1 2026), $88.8 million (Q4 2025), and $231.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 697.64 Mn
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 627.08 Mn
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 1.01 Bn
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 1.57 Bn
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 941.15 Mn
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 1.73 Bn
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 337.11 Mn
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 279.80 Mn
10 OneWater Marine 176.18 Mn 133.41 Mn 105.53 Mn 92.26 Mn

Historic Data

Download Data
DateValue
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