OneWater Marine (ONEW) Operating Expenses (2018 - 2026)
OneWater Marine (ONEW) posted quarterly Operating Expenses of $87.5 million for Q2 2026, down 5.22% year-over-year from $92.4 million in Q2 2025, and down 5.1% on a QoQ basis from $92.3 million in Q1 2026.
OneWater Marine (ONEW) Operating Expenses (2018 - 2026) Analysis & Trends
OneWater Marine has reported Operating Expenses for 9 years, with the latest figure at $87.5 million in Q2 2026.
- Operating Expenses for Q2 2026 came in at $87.5 million, down 5.22% year-over-year; the trailing twelve-month figure through Jun 2026 was $499.5 million (up 46.7% YoY), and the FY2025 annual result was $491.4 million, up 42.41% from the prior year.
- Operating Expenses retreated to $87.5 million in Q2 2026, from $92.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $232.1 million in Q3 2023 and troughed at $75.5 million in Q1 2022.
- A 5-year average of $102.3 million and a median of $88.0 million in 2022 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2023, when Operating Expenses jumped 191.31%; it then slumped 65.5% in 2024.
- A 5-year view of Operating Expenses shows it stood at $77.8 million in 2022, then grew by 2.26% to $79.6 million in 2023, then advanced by 0.39% to $79.9 million in 2024, then grew by 11.1% to $88.8 million in 2025, then declined by 1.39% to $87.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $87.5 million in Q2 2026, $92.3 million in Q1 2026, and $88.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 730.02 Mn |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 627.08 Mn |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 819.36 Mn |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 1.02 Bn |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 1.73 Bn |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 1.22 Bn |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 273.28 Mn |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 6.50 Bn |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 645.00 Mn |
| 10 | OneWater Marine | 190.32 Mn | 149.12 Mn | 127.48 Mn | 87.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 87.55 Mn |
| 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 | 62.14 Mn |
| Sep 30, 2021 | 55.60 Mn |