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
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 |
| 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 |