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

OneWater Marine (ONEW) reported Operating Expenses of $92.3 million for Q1 2026, up 4.62% on a YoY basis from $88.2 million in Q1 2025, and up 3.91% sequentially from $88.8 million in Q4 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.

  • For the quarter ending Q1 2026, Operating Expenses rose 4.62% year-over-year to $92.3 million; the trailing twelve-month figure through Mar 2026 stood at $504.4 million (up 50.47% YoY), and the FY2025 full-year result was $491.4 million, up 42.41% from the prior year.
  • Operating Expenses improved to $92.3 million in Q1 2026, 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.
  • A 5-year average of $103.1 million and a median of $88.2 million in 2025 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 191.31% in 2023 and plunged 65.5% in 2024, its largest moves.
  • Tracing ONEW's Operating Expenses over 5 years: stood at $77.8 million in 2022, then gained by 2.26% to $79.6 million in 2023, then increased by 0.39% to $79.9 million in 2024, then gained by 11.1% to $88.8 million in 2025, then climbed 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 Caseys General Stores 32.28 Bn 31.76 Bn 1.08 Bn 730.02 Mn
2 NaaS Technology 31.65 Bn 31.65 Bn - -
3 Williams Sonoma 28.03 Bn 27.01 Bn 1.10 Bn 627.08 Mn
4 Ulta Beauty 22.92 Bn 22.43 Bn 1.48 Bn 1.01 Bn
5 Best Buy 18.12 Bn 16.37 Bn 2.10 Bn 1.73 Bn
6 Dick'S Sporting Goods 16.43 Bn 15.08 Bn 1.77 Bn 1.57 Bn
7 Tractor Supply 15.93 Bn 15.71 Bn 1.30 Bn 941.15 Mn
8 MINISO Group Holding 15.77 Bn 14.70 Bn 414.86 Mn -290.69 Mn
9 Five Below 11.88 Bn 10.95 Bn 696.98 Mn 337.11 Mn
10 OneWater Marine 200.12 Mn 157.34 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 62.14 Mn
Sep 30, 2021 55.60 Mn
Jun 30, 2021 60.54 Mn