TFI International (TFII) Operating Expenses (2019 - 2026)
TFI International (TFII) posted quarterly Operating Expenses of $1.9 billion for Q1 2026, little changed YoY from $1.8 billion in Q1 2025, and up 3.68% sequentially from $1.8 billion in Q4 2025.
TFI International (TFII) Operating Expenses (2019 - 2026) Analysis & Trends
TFI International has disclosed Operating Expenses across 8 years of filings, most recently posting $1.9 billion for Q1 2026.
- In Q1 2026, Operating Expenses changed 0.15% year-over-year to $1.9 billion; the TTM figure through Mar 2026 stood at $7.3 billion (down 6.23% YoY), while the FY2025 annual figure was $7.3 billion, down 4.67% from the prior year.
- Operating Expenses advanced to $1.9 billion in Q1 2026, from $1.8 billion in the prior quarter.
- Over the last five years, Operating Expenses for TFII reached as high as $2.1 billion in Q2 2024 and fell as low as $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.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 88.31% — and 2023, when it declined 21.29%.
- A 5-year view of Operating Expenses shows it stood at $1.7 billion in 2022, then climbed by 1.76% to $1.8 billion in 2023, then gained by 8.26% to $1.9 billion in 2024, then dropped by 6.78% to $1.8 billion in 2025, then gained by 3.68% to $1.9 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $1.9 billion, $1.8 billion, and $1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | TFI International | 160.26 Bn | 160.08 Bn | 963.70 Mn | 1.85 Bn |
| 2 | Old Dominion Freight Line | 45.40 Bn | 45.11 Bn | 1.33 Bn | 1.02 Bn |
| 3 | Xpo | 24.25 Bn | 24.01 Bn | 1.67 Bn | 423.00 Mn |
| 4 | Knight-Swift Transportation Holdings | 12.57 Bn | 12.51 Bn | 1.57 Bn | 1.82 Bn |
| 5 | Saia | 11.19 Bn | 11.15 Bn | - | 739.42 Mn |
| 6 | Schneider National | 6.37 Bn | 6.11 Bn | 1.27 Bn | 187.80 Mn |
| 7 | Rxo | 4.69 Bn | 4.67 Bn | 254.00 Mn | 197.00 Mn |
| 8 | Arcbest | 3.12 Bn | 3.04 Bn | 951.93 Mn | 995.36 Mn |
| 9 | Werner Enterprises | 2.63 Bn | 2.59 Bn | 726.17 Mn | 804.62 Mn |
| 10 | Marten Transport | 1.42 Bn | 1.37 Bn | 203.18 Mn | 205.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |