TFI International (TFII) Operating Expenses (2019 - 2026)
TFI International's (TFII) quarterly Operating Expenses came in at $2.1 billion in Q2 2026, up 10.82% year-over-year from $1.9 billion in Q2 2025, and up 11.71% quarter-over-quarter from $1.9 billion in Q1 2026.
Analysis
TFI International (TFII) Operating Expenses (2019 - 2026) Analysis & Trends
TFI International (TFII) has reported Operating Expenses for 8 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 10.82% year-over-year to $2.1 billion in Q2 2026; TTM through Jun 2026 was $7.5 billion, a 1.22% decrease from a year earlier, with the FY2025 full-year figure at $7.3 billion, down 4.67% from the prior year.
- Operating Expenses was $2.1 billion for Q2 2026 at TFI International, up from $1.9 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $2.1 billion in Q2 2026 and troughed at $1.6 billion in Q2 2023.
- A 5-year average of $1.9 billion and a median of $1.9 billion in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 88.31% in 2022 and dropped 21.29% in 2023, its largest moves.
- Over 5 years, Operating Expenses stood at $1.7 billion in 2022, then advanced by 1.76% to $1.8 billion in 2023, then rose by 8.26% to $1.9 billion in 2024, then slipped by 6.78% to $1.8 billion in 2025, then advanced by 15.82% to $2.1 billion in 2026.
- The last three Operating Expenses figures came in at $2.1 billion (Q2 2026), $1.9 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 37.50 Bn | 37.21 Bn | 1.52 Bn | 1.09 Bn |
| 2 | Hunt J B Transport Services | 25.20 Bn | 25.20 Bn | - | 3.24 Bn |
| 3 | Xpo | 21.35 Bn | 21.06 Bn | 1.89 Bn | 476.00 Mn |
| 4 | FedEx Freight Holding Company | 18.54 Bn | 18.54 Bn | - | - |
| 5 | Knight-Swift Transportation Holdings | 11.22 Bn | 11.04 Bn | 1.77 Bn | 1.99 Bn |
| 6 | TFI International | 10.92 Bn | 10.71 Bn | - | 2.07 Bn |
| 7 | Saia | 9.27 Bn | 9.18 Bn | - | 831.28 Mn |
| 8 | Schneider National | 5.95 Bn | 5.43 Bn | 1.00 Bn | 1.50 Bn |
| 9 | Arcbest | 3.02 Bn | 2.85 Bn | 1.14 Bn | 1.21 Bn |
| 10 | Werner Enterprises | 2.31 Bn | 2.26 Bn | - | 917.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.07 Bn |
| Mar 31, 2026 | 1.85 Bn |
| Dec 31, 2025 | 1.79 Bn |
| Sep 30, 2025 | 1.82 Bn |
| Jun 30, 2025 | 1.87 Bn |
| Mar 31, 2025 | 1.85 Bn |
| Dec 31, 2024 | 1.92 Bn |
| Sep 30, 2024 | 1.98 Bn |
| Jun 30, 2024 | 2.06 Bn |
| Mar 31, 2024 | 1.72 Bn |
| Dec 31, 2023 | 1.77 Bn |
| Sep 30, 2023 | 1.71 Bn |
| Jun 30, 2023 | 1.60 Bn |
| Mar 31, 2023 | 1.68 Bn |
| Dec 31, 2022 | 1.74 Bn |
| Sep 30, 2022 | 1.92 Bn |
| Jun 30, 2022 | 2.03 Bn |
| Mar 31, 2022 | 1.97 Bn |
| Dec 31, 2021 | 1.93 Bn |
| Sep 30, 2021 | 1.90 Bn |