Ferguson Enterprises Operating Expenses Growth & History (FERG)
Ferguson Enterprises's operating expenses was $2.83B for fiscal 2025.
View full Ferguson Enterprises company overviewFerguson Enterprises annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 · Dec 31 | 2025-12-31 | $2.83B | — | — |
| 2025 · Jul 31 | 2025-07-31 | $6.83B | $428.0M | +6.69% |
| 2024 | 2024-07-31 | $6.40B | $35.0M | +0.55% |
| 2023 | 2023-07-31 | $6.37B | $430.0M | +7.24% |
| 2022 | 2022-07-31 | $5.94B | — | — |
Ferguson Enterprises quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 · Jun 30 | 2026-06-30 | $1.82B | $48.0M | +2.71% |
| Q1 2026 · Mar 31 | 2026-03-31 | $1.71B | −$3.0M | −0.18% |
| Q1 2026 · Oct 31 | 2025-10-31 | $1.74B | $60.0M | +3.58% |
| Q4 2025 | 2025-07-31 | $1.76B | $112.0M | +6.79% |
| Q2 2026 · Jun 30 | 2025-06-30 | $1.77B | — | — |
| Q3 2025 · Apr 30 | 2025-04-30 | $1.75B | $146.0M | +9.09% |
| Q3 2025 · Mar 31 | 2025-03-31 | $1.71B | — | — |
| Q2 2025 | 2025-01-31 | $1.63B | $80.0M | +5.15% |
| Q1 2025 | 2024-10-31 | $1.68B | $83.0M | +5.21% |
| Q4 2024 | 2024-07-31 | $1.65B | — | — |
| Q3 2024 | 2024-04-30 | $1.61B | — | — |
| Q2 2024 | 2024-01-31 | $1.55B | — | — |
| Q1 2024 | 2023-10-31 | $1.59B | — | — |
Ferguson Enterprises operating expenses trends
Between the periods ended 2022-07-31 and 2025-12-31, Ferguson Enterprises's operating expenses decreased from $5.94B to $2.83B, a change of −$3.10B. The latest reported quarter, Q2 2026 · Jun 30, shows $1.82B.
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 Ferguson Enterprises source filings ↗