TFI International (TFII) Operating Expenses (2020 - 2026)
TFI International (TFII) posted quarterly Operating Expenses of $2.1 billion for 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.
TFI International (TFII) Operating Expenses (2020 - 2026) Analysis & Trends
TFI International (TFII) has reported Operating Expenses for 7 consecutive years, with $2.1 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 10.82% year-over-year to $2.1 billion; the TTM figure through Jun 2026 stood at $7.5 billion (down 1.22% YoY), while the FY2025 annual figure was $7.3 billion, down 4.67% from the prior year.
- Operating Expenses rose to $2.1 billion in Q2 2026 per TFII's latest filing, from $1.9 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $2.1 billion in Q2 2026 and bottomed at $1.6 billion in Q2 2023.
- Historically, Operating Expenses has averaged $1.9 billion across 5 years, with a median of $1.9 billion in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 88.31% — and 2023, when it declined 21.29%.
- TFI International's Operating Expenses stood at $1.7 billion in 2022, then grew by 1.76% to $1.8 billion in 2023, then advanced by 8.26% to $1.9 billion in 2024, then declined by 6.78% to $1.8 billion in 2025, then grew by 15.82% to $2.1 billion in 2026.
- Business Quant data shows TFII's Operating Expenses at $2.1 billion in Q2 2026, $1.9 billion in Q1 2026, and $1.8 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Old Dominion Freight Line | 42.76 Bn | 42.48 Bn | 1.52 Bn | 1.09 Bn |
| 2 | Xpo | 23.19 Bn | 22.89 Bn | 1.89 Bn | 476.00 Mn |
| 3 | TFI International | 11.61 Bn | 11.41 Bn | - | 2.07 Bn |
| 4 | Knight-Swift Transportation Holdings | 11.56 Bn | 11.38 Bn | 1.77 Bn | 1.99 Bn |
| 5 | Saia | 9.61 Bn | 9.52 Bn | - | 831.28 Mn |
| 6 | Schneider National | 6.25 Bn | 5.72 Bn | 1.00 Bn | 1.50 Bn |
| 7 | Rxo | 3.77 Bn | 3.75 Bn | 302.00 Mn | 218.00 Mn |
| 8 | Arcbest | 3.11 Bn | 2.94 Bn | 1.14 Bn | 1.21 Bn |
| 9 | Werner Enterprises | 2.32 Bn | 2.27 Bn | - | 917.01 Mn |
| 10 | Marten Transport | 1.22 Bn | 1.11 Bn | 184.72 Mn | 216.63 Mn |
Historic Data
Download 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 |