Upbound (UPBD) Operating Expenses (2009 - 2026)
Upbound's (UPBD) quarterly Operating Expenses came in at $509.0 million in Q1 2026, up 4.41% year-on-year from $487.5 million in Q1 2025, and down 3.86% on a QoQ basis from $529.4 million in Q4 2025.
Upbound (UPBD) Operating Expenses (2009 - 2026) Analysis & Trends
Upbound (UPBD) has 18 years of Operating Expenses data on file, last reported at $509.0 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 4.41% year-over-year to $509.0 million in Q1 2026; TTM through Mar 2026 was $2.1 billion, a 14.43% increase from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 14.52% from the prior year.
- Operating Expenses for Q1 2026 stood at $509.0 million, down from $529.4 million in the prior quarter.
- Over the last five years, Operating Expenses for UPBD reached as high as $541.4 million in Q1 2023 and fell as low as $422.2 million in Q2 2023.
- Historically, Operating Expenses has averaged $478.6 million across 5 years, with a median of $468.5 million in 2022.
- Across the five-year window, Operating Expenses dropped 14.75% in 2022 and increased 23.39% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $453.0 million in 2022, then rose by 0.81% to $456.7 million in 2023, then slipped by 6.05% to $429.1 million in 2024, then increased by 23.39% to $529.4 million in 2025, then slipped by 3.86% to $509.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $509.0 million in Q1 2026, $529.4 million in Q4 2025, and $510.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Upbound | 1.21 Bn | 1.11 Bn | 586.46 Mn | 509.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 509.02 Mn |
| Dec 31, 2025 | 529.43 Mn |
| Sep 30, 2025 | 510.32 Mn |
| Jun 30, 2025 | 521.09 Mn |
| Mar 31, 2025 | 487.51 Mn |
| Dec 31, 2024 | 429.08 Mn |
| Sep 30, 2024 | 441.03 Mn |
| Jun 30, 2024 | 451.30 Mn |
| Mar 31, 2024 | 467.31 Mn |
| Dec 31, 2023 | 456.71 Mn |
| Sep 30, 2023 | 439.11 Mn |
| Jun 30, 2023 | 422.20 Mn |
| Mar 31, 2023 | 541.38 Mn |
| Dec 31, 2022 | 453.02 Mn |
| Sep 30, 2022 | 468.46 Mn |
| Jun 30, 2022 | 474.46 Mn |
| Mar 31, 2022 | 535.05 Mn |
| Dec 31, 2021 | 531.43 Mn |
| Sep 30, 2021 | 501.61 Mn |
| Jun 30, 2021 | 480.95 Mn |