Texas Roadhouse (TXRH) Operating Expenses (2010 - 2026)
Texas Roadhouse (TXRH) recorded Operating Expenses of $1.54 billion in Q2 2026, up 12.6% from $1.37 billion a year earlier and up 3.4% from the prior quarter.
Texas Roadhouse (TXRH) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Texas Roadhouse's Operating Expenses came in at $5.75 billion as of Jun 30, 2026, up 11.6% year-over-year; for FY2025, it came in at $5.4 billion, up 11.3% from FY2024.
- Annual Operating Expenses has increased for five straight years, with a five-year compound annual growth rate of 17.9% (FY2020 to FY2025).
- Across earlier years, Operating Expenses came in at $4.86 billion in FY2024 (+13.5%), $4.28 billion in FY2023 (+15.8%), $3.69 billion in FY2022 (+16.7%) and $3.17 billion in FY2021 (+33.4%).
- The Q2 2026 figure is the highest quarterly Operating Expenses in data going back to Q1 2010.
- On a year-over-year basis, Operating Expenses has increased for 22 consecutive quarters, with growth averaging 12.9% over the last eight quarters.
- Over the past five years, the year-over-year growth in Operating Expenses ranged from 6.6% (Q4 2025) to 35.4% (Q3 2021).
- Per Business Quant, the preceding three quarters came in at $1.49 billion (Q1 2026), $1.39 billion (Q4 2025) and $1.34 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Mcdonalds | 171.96 Bn | 166.78 Bn | 6.42 Bn | 3.76 Bn |
| 2 | Starbucks | 110.34 Bn | 97.96 Bn | - | 8.42 Bn |
| 3 | Yum Brands | 41.48 Bn | 38.36 Bn | 1.47 Bn | 1.51 Bn |
| 4 | Chipotle Mexican Grill | 39.00 Bn | 34.98 Bn | - | 2.82 Bn |
| 5 | Restaurant Brands International | 25.80 Bn | 21.35 Bn | 1.38 Bn | 1.80 Bn |
| 6 | Darden Restaurants | 24.38 Bn | 23.48 Bn | 1.68 Bn | 2.88 Bn |
| 7 | Restaurant Brands International Limited Partnership | 17.01 Bn | 12.57 Bn | 1.38 Bn | 1.80 Bn |
| 8 | Yum China Holdings | 15.57 Bn | 9.23 Bn | 537.00 Mn | 2.79 Bn |
| 9 | Texas Roadhouse | 11.21 Bn | 10.55 Bn | - | 1.54 Bn |
| 10 | Luckin Coffee | 10.73 Bn | 9.81 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.54 Bn |
| Mar 31, 2026 | 1.49 Bn |
| Dec 30, 2025 | 1.39 Bn |
| Sep 30, 2025 | 1.34 Bn |
| Jul 1, 2025 | 1.37 Bn |
| Apr 1, 2025 | 1.31 Bn |
| Dec 31, 2024 | 1.30 Bn |
| Sep 24, 2024 | 1.17 Bn |
| Jun 25, 2024 | 1.20 Bn |
| Mar 26, 2024 | 1.19 Bn |
| Dec 26, 2023 | 1.08 Bn |
| Sep 26, 2023 | 1.05 Bn |
| Jun 27, 2023 | 1.08 Bn |
| Mar 28, 2023 | 1.07 Bn |
| Dec 27, 2022 | 940.68 Mn |
| Sep 27, 2022 | 918.01 Mn |
| Jun 28, 2022 | 938.69 Mn |
| Mar 29, 2022 | 897.35 Mn |
| Dec 28, 2021 | 830.75 Mn |
| Sep 28, 2021 | 807.25 Mn |
Texas Roadhouse Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TXRH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TXRH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TXRH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();