Thor Industries THO
NYSE THO
$72.77 -1.36 (-1.83%)
As of: Sep 9, 2026 · 1:21 PM EDT

Thor Industries (THO) Operating Expenses (2009 - 2026)

Thor Industries' (THO) quarterly Operating Expenses came in at $230.9 million in Q2 2026, down 3.08% year-over-year from $238.3 million in Q2 2025, and up 8.92% quarter-over-quarter from $212.0 million in Q1 2026.

Analysis

Thor Industries (THO) Operating Expenses (2009 - 2026) Analysis & Trends

Thor Industries (THO) has reported Operating Expenses for 18 consecutive years, with $230.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 3.08% year-over-year to $230.9 million in Q2 2026; TTM through Apr 2026 was $934.8 million, a 2.09% increase from a year earlier, with the FY2025 full-year figure at $922.6 million, up 3.02% from the prior year.
  • Operating Expenses was $230.9 million for Q2 2026 at Thor Industries, up from $212.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $281.7 million in Q2 2022 and troughed at $206.2 million in Q1 2025.
  • A 5-year average of $233.6 million and a median of $231.0 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses gained 29.71% in 2022 and fell 25.43% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $241.6 million in 2022, then fell by 9.82% to $217.9 million in 2023, then grew by 10.23% to $240.2 million in 2024, then advanced by 5.76% to $254.0 million in 2025, then declined by 9.09% to $230.9 million in 2026.
  • The last three Operating Expenses figures came in at $230.9 million (Q2 2026), $212.0 million (Q1 2026), and $254.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thor Industries 3.80 Bn 3.43 Bn 354.77 Mn 230.93 Mn
2 Polaris 3.44 Bn 3.13 Bn - -
3 Harley-Davidson 2.80 Bn 906.15 Mn 421.12 Mn 1.15 Bn
4 Brunswick 1.59 Bn 1.28 Bn 437.80 Mn 308.40 Mn
5 Winnebago Industries 819.00 Mn 761.90 Mn 94.90 Mn 71.90 Mn
6 Malibu Boats 499.99 Mn 425.57 Mn 52.19 Mn 38.55 Mn
7 MasterCraft Boat Holdings 370.08 Mn 285.46 Mn 19.54 Mn 20.84 Mn
8 Niu Technologies 164.51 Mn -30.62 Mn 33.95 Mn -50.21 Mn
9 Massimo 41.22 Mn 36.59 Mn 7.28 Mn 5.62 Mn
10 Gogoro 39.10 Mn -29.74 Mn 15.96 Mn 19.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Apr 30, 2026 230.93 Mn
Jan 31, 2026 212.02 Mn
Oct 31, 2025 254.03 Mn
Jul 31, 2025 237.86 Mn
Apr 30, 2025 238.27 Mn
Jan 31, 2025 206.22 Mn
Oct 31, 2024 240.20 Mn
Jul 31, 2024 231.00 Mn
Apr 30, 2024 226.52 Mn
Jan 31, 2024 220.13 Mn
Oct 31, 2023 217.90 Mn
Jul 31, 2023 209.64 Mn
Apr 30, 2023 210.04 Mn
Jan 31, 2023 208.74 Mn
Oct 31, 2022 241.62 Mn
Jul 31, 2022 271.45 Mn
Apr 30, 2022 281.68 Mn
Jan 31, 2022 267.45 Mn
Oct 31, 2021 295.88 Mn
Jul 31, 2021 250.13 Mn