Valvoline (VVV) Operating Expenses (2015 - 2026)
Valvoline (VVV) posted Operating Expenses of $103.1 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 23.9% from $83.2 million a year earlier and up 3.5% from the prior quarter.
Powered by 
Analysis
Valvoline (VVV) Operating Expenses (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Valvoline was $417.6 million, up 27.1% year-over-year; for FY2025 (ended Sep 30, 2025), it was $351.3 million, up 15.4% from FY2024.
- Annual Operating Expenses has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 19.0% (FY2020 to FY2025).
- In prior fiscal years, Valvoline's Operating Expenses was $304.4 million in FY2024 (+2.4%), $297.3 million in FY2023 (+12.1%), $265.2 million in FY2022 (+32.4%) and $200.3 million in FY2021 (+36.1%).
- Quarterly Operating Expenses has run from a low of -$183.7 million in fiscal Q4 2021 to a high of $112 million in fiscal Q1 2026 over five years.
- On a year-over-year basis, Operating Expenses has increased in each of the last ten quarters, with growth averaging 19.1% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was fiscal Q1 2023, with growth of 45.1%; the weakest was fiscal Q3 2022, with a decline of 49.6%.
- According to Business Quant data, Operating Expenses for the three prior fiscal quarters was $99.6 million (Q2 2026), $112 million (Q1 2026) and $102.9 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 11.15 Bn | 10.15 Bn | 273.50 Mn | 41.78 Mn |
| 2 | New Oriental Education & Technology | 9.53 Bn | -1.61 Bn | 5,600.00 | 1.44 Bn |
| 3 | TAL Education | 7.16 Bn | -5.83 Bn | 438.20 Mn | 301.00 Mn |
| 4 | Laureate Education | 5.43 Bn | 4.73 Bn | 237.67 Mn | 14.24 Mn |
| 5 | Graham Holdings | 5.11 Bn | 202.28 Mn | 392.03 Mn | 1.22 Bn |
| 6 | Covista | 4.47 Bn | 3.59 Bn | 284.63 Mn | 405.94 Mn |
| 7 | Valvoline | 4.04 Bn | 3.75 Bn | 214.90 Mn | 103.10 Mn |
| 8 | Bright Horizons Family Solutions | 3.63 Bn | 3.07 Bn | 188.96 Mn | 108.00 Mn |
| 9 | Stride | 3.55 Bn | 446.85 Mn | 217.28 Mn | 111.43 Mn |
| 10 | Onespaworld Holdings | 2.43 Bn | 2.33 Bn | 44.57 Mn | 236.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 103.10 Mn |
| Mar 31, 2026 | 99.60 Mn |
| Dec 31, 2025 | 112.00 Mn |
| Sep 30, 2025 | 102.90 Mn |
| Jun 30, 2025 | 83.20 Mn |
| Mar 31, 2025 | 84.40 Mn |
| Dec 31, 2024 | 80.80 Mn |
| Sep 30, 2024 | 80.20 Mn |
| Jun 30, 2024 | 77.30 Mn |
| Mar 31, 2024 | 72.30 Mn |
| Dec 31, 2023 | 74.60 Mn |
| Sep 30, 2023 | 72.30 Mn |
| Jun 30, 2023 | 67.20 Mn |
| Mar 31, 2023 | 66.40 Mn |
| Dec 31, 2022 | 91.40 Mn |
| Sep 30, 2022 | 63.70 Mn |
| Jun 30, 2022 | 69.10 Mn |
| Mar 31, 2022 | 69.40 Mn |
| Dec 31, 2021 | 63.00 Mn |
| Sep 30, 2021 | -183.70 Mn |
API Access
Valvoline 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=VVV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VVV", "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=VVV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();