Sysco (SYY) Operating Expenses (2009 - 2026)
Sysco's (SYY) quarterly Operating Expenses came in at $3.2 billion in Q1 2026, up 10.1% YoY from $2.9 billion in Q1 2025, and up 3.0% on a QoQ basis from $3.1 billion in Q4 2025.
Sysco (SYY) Operating Expenses (2009 - 2026) Analysis & Trends
Sysco (SYY) has 18 years of Operating Expenses data on file, last reported at $3.2 billion in Q1 2026.
- Quarterly Operating Expenses rose 10.1% year-over-year to $3.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.5 billion (up 7.27% YoY) and the FY2025 annual result came in at $11.9 billion, up 4.16% from the prior year.
- Operating Expenses grew to $3.2 billion in Q1 2026, from $3.1 billion in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $3.2 billion in Q1 2026 to a low of $2.4 billion in Q1 2022.
- A 5-year average of $2.8 billion and a median of $2.9 billion in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 33.44% — and 2025, when it climbed 0.45%.
- Tracing SYY's Operating Expenses over 5 years: stood at $2.7 billion in 2022, then rose by 3.88% to $2.8 billion in 2023, then increased by 4.41% to $2.9 billion in 2024, then climbed by 5.51% to $3.1 billion in 2025, then advanced by 3.0% to $3.2 billion in 2026.
- The last three Operating Expenses figures came in at $3.2 billion (Q1 2026), $3.1 billion (Q4 2025), and $3.1 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sysco | 40.24 Bn | 38.34 Bn | 3.81 Bn | 3.19 Bn |
| 2 | US Foods Holding | 23.96 Bn | 23.90 Bn | 1.92 Bn | 1.48 Bn |
| 3 | Performance Food | 16.32 Bn | 16.23 Bn | 2.17 Bn | 1.85 Bn |
| 4 | Chefs' Warehouse | 4.30 Bn | 4.17 Bn | 292.89 Mn | 234.18 Mn |
| 5 | United Natural Foods | 2.92 Bn | 2.88 Bn | 1.05 Bn | 954.00 Mn |
| 6 | Andersons | 2.32 Bn | 2.25 Bn | 223.73 Mn | - |
| 7 | Mission Produce | 941.42 Mn | 906.32 Mn | 20.50 Mn | 21.10 Mn |
| 8 | G Willi Food International | 398.56 Mn | 359.64 Mn | 14.95 Mn | 2.64 Mn |
| 9 | HF Foods | 97.78 Mn | 97.78 Mn | 55.05 Mn | 52.23 Mn |
| 10 | Amcon Distributing | 66.37 Mn | 65.73 Mn | 49.80 Mn | 43.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 3.19 Bn |
| Dec 27, 2025 | 3.10 Bn |
| Sep 27, 2025 | 3.10 Bn |
| Jun 28, 2025 | 3.10 Bn |
| Mar 29, 2025 | 2.90 Bn |
| Dec 28, 2024 | 2.94 Bn |
| Sep 28, 2024 | 2.95 Bn |
| Jun 29, 2024 | 2.86 Bn |
| Mar 30, 2024 | 2.89 Bn |
| Dec 30, 2023 | 2.81 Bn |
| Sep 30, 2023 | 2.84 Bn |
| Jul 1, 2023 | 2.72 Bn |
| Apr 1, 2023 | 2.74 Bn |
| Dec 31, 2022 | 2.71 Bn |
| Oct 1, 2022 | 2.75 Bn |
| Jul 2, 2022 | 2.68 Bn |
| Apr 2, 2022 | 2.52 Bn |
| Jan 2, 2022 | 2.45 Bn |
| Oct 2, 2021 | 2.34 Bn |
| Jul 3, 2021 | 2.35 Bn |