Growth Metrics

TFI International (TFII) Operating Expenses (2020 - 2026)

TFI International (TFII) reported Operating Expenses of $1.9 billion for Q1 2026, little changed year-over-year from $1.8 billion in Q1 2025, and up 3.68% on a QoQ basis from $1.8 billion in Q4 2025.

TFI International (TFII) has 7 years of Operating Expenses data on file, last reported at $1.9 billion in Q1 2026.

  • Quarterly Operating Expenses changed 0.15% year-over-year to $1.9 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.3 billion (down 6.23% YoY) and the FY2025 annual result came in at $7.3 billion, down 4.67% from the prior year.
  • Operating Expenses grew to $1.9 billion in Q1 2026 per TFII's latest filing, from $1.8 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $2.1 billion in Q2 2024 and bottomed at $1.6 billion in Q2 2023.
  • The 5-year median for Operating Expenses is $1.8 billion (2025), against an average of $1.8 billion.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 88.31%; it then slipped 21.29% in 2023.
  • Tracing TFII's Operating Expenses over 5 years: stood at $1.7 billion in 2022, then gained by 1.76% to $1.8 billion in 2023, then increased by 8.26% to $1.9 billion in 2024, then decreased by 6.78% to $1.8 billion in 2025, then increased by 3.68% to $1.9 billion in 2026.
  • Per Business Quant, the three latest TFII Operating Expenses figures stand at $1.9 billion (Q1 2026), $1.8 billion (Q4 2025), and $1.8 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Old Dominion Freight Line 47.65 Bn 47.37 Bn 1.33 Bn 1.02 Bn
2 Xpo 25.84 Bn 25.61 Bn 1.67 Bn 423.00 Mn
3 Saia 12.92 Bn 12.88 Bn - 739.42 Mn
4 Knight-Swift Transportation Holdings 12.67 Bn 12.61 Bn 1.57 Bn 1.82 Bn
5 Schneider National 6.38 Bn 6.12 Bn 1.27 Bn 187.80 Mn
6 Rxo 4.55 Bn 4.53 Bn 254.00 Mn 197.00 Mn
7 Arcbest 3.15 Bn 3.06 Bn 951.93 Mn 995.36 Mn
8 Werner Enterprises 2.55 Bn 2.51 Bn 726.17 Mn 804.62 Mn
9 Marten Transport 1.43 Bn 1.38 Bn 203.18 Mn 205.53 Mn
10 TFI International 82,812.50 -2.96 Mn 963.70 Mn 1.85 Bn

Historic Data

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DateValue
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
Jun 30, 2021 1.37 Bn
Mar 31, 2021 1.05 Bn
Dec 31, 2020 1.00 Bn
Sep 30, 2020 819.09 Mn
Jun 30, 2020 703.42 Mn
Mar 31, 2020 837.18 Mn