Core & Main Operating Expenses Growth & History (CNM)
Core & Main's operating expenses was $1.34B for fiscal 2025.
View full Core & Main company overviewCore & Main annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-02-01 | $1.34B | $76.0M | +6.03% |
| 2024 | 2025-02-02 | $1.26B | $183.0M | +16.98% |
| 2023 | 2024-01-28 | $1.08B | $58.0M | +5.69% |
| 2022 | 2023-01-29 | $1.02B | $165.0M | +19.30% |
| 2021 | 2022-01-30 | $855.0M | $162.0M | +23.38% |
| 2020 | 2021-01-31 | $693.0M | $59.0M | +9.31% |
| 2019 | 2020-02-02 | $634.0M | — | — |
Core & Main quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-05-03 | $343.0M | $4.0M | +1.18% |
| Q4 2025 | 2026-02-01 | $310.0M | −$17.0M | −5.20% |
| Q3 2025 | 2025-11-02 | $341.0M | $21.0M | +6.56% |
| Q2 2025 | 2025-08-03 | $347.0M | $33.0M | +10.51% |
| Q1 2025 | 2025-05-04 | $339.0M | $39.0M | +13.00% |
| Q4 2024 | 2025-02-02 | $327.0M | $59.0M | +22.01% |
| Q3 2024 | 2024-10-27 | $320.0M | $43.0M | +15.52% |
| Q2 2024 | 2024-07-28 | $314.0M | $39.0M | +14.18% |
| Q1 2024 | 2024-04-28 | $300.0M | $42.0M | +16.28% |
| Q4 2023 | 2024-01-28 | $268.0M | $19.0M | +7.63% |
| Q3 2023 | 2023-10-29 | $277.0M | $11.0M | +4.14% |
| Q2 2023 | 2023-07-30 | $275.0M | $11.0M | +4.17% |
| Q1 2023 | 2023-04-30 | $258.0M | $17.0M | +7.05% |
| Q4 2022 | 2023-01-29 | $249.0M | — | — |
| Q3 2022 | 2022-10-30 | $266.0M | $42.0M | +18.75% |
| Q2 2022 | 2022-07-31 | $264.0M | $39.0M | +17.33% |
| Q1 2022 | 2022-05-01 | $241.0M | $53.0M | +28.19% |
| Q3 2021 | 2021-10-31 | $224.0M | $44.3M | +24.65% |
| Q2 2021 · Aug 1 | 2021-08-01 | $225.0M | $53.9M | +31.50% |
| Q1 2021 | 2021-05-02 | $188.0M | — | — |
| Q3 2020 | 2020-11-01 | $179.7M | — | — |
| Q2 2020 | 2020-08-02 | $171.1M | — | — |
Core & Main operating expenses trends
Over the last five fiscal years, Core & Main's operating expenses increased from $693.0M to $1.34B, a change of $644.0M. The latest reported quarter, Q1 2026, shows $343.0M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Core & Main source filings ↗