Applied Industrial Technologies (AIT) Operating Expenses (2009 - 2026)

Applied Industrial Technologies (AIT) posted quarterly Operating Expenses of $242.9 million for Q1 2026, up 7.52% year-over-year from $225.9 million in Q1 2025, and up 5.54% quarter-over-quarter from $230.1 million in Q4 2025.

Applied Industrial Technologies (AIT) Operating Expenses (2009 - 2026) Analysis & Trends

Applied Industrial Technologies (AIT) has reported Operating Expenses for 18 consecutive years, with $242.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 7.52% year-over-year to $242.9 million; the TTM figure through Mar 2026 stood at $945.1 million (up 9.65% YoY), while the FY2025 annual figure was $884.6 million, up 5.21% from the prior year.
  • Operating Expenses grew to $242.9 million in Q1 2026 per AIT's latest filing, from $230.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $242.9 million in Q1 2026 and bottomed at $191.5 million in Q1 2022.
  • Historically, Operating Expenses has averaged $213.7 million across 5 years, with a median of $211.7 million in 2023.
  • Annual changes were most pronounced in 2023 — Operating Expenses climbed 2.07% — and 2025, when it rose 11.07%.
  • Applied Industrial Technologies' Operating Expenses stood at $195.6 million in 2022, then grew by 3.52% to $202.5 million in 2023, then gained by 2.31% to $207.2 million in 2024, then advanced by 11.07% to $230.1 million in 2025, then increased by 5.54% to $242.9 million in 2026.
  • Business Quant data shows AIT's Operating Expenses at $242.9 million in Q1 2026, $230.1 million in Q4 2025, and $232.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 W.W. Grainger 62.04 Bn 61.46 Bn 1.98 Bn 1.18 Bn
2 Fastenal 59.03 Bn 58.83 Bn 1.06 Bn 561.80 Mn
3 Ferguson Enterprises 47.99 Bn 47.17 Bn 2.32 Bn 1.61 Bn
4 Wesco International 17.78 Bn 16.97 Bn 1.46 Bn 1.02 Bn
5 Applied Industrial Technologies 13.25 Bn 13.08 Bn 380.80 Mn 242.88 Mn
6 Watsco 11.97 Bn 11.50 Bn 578.93 Mn 348.99 Mn
7 Core & Main 8.70 Bn 8.55 Bn 520.00 Mn 343.00 Mn
8 Pool 7.21 Bn 7.18 Bn 540.76 Mn 273.08 Mn
9 Msc Industrial Direct 6.76 Bn 6.69 Bn 430.41 Mn 323.66 Mn
10 Xometry 5.15 Bn 4.63 Bn 87.15 Mn 92.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 242.88 Mn
Dec 31, 2025 230.13 Mn
Sep 30, 2025 232.40 Mn
Jun 30, 2025 239.65 Mn
Mar 31, 2025 225.89 Mn
Dec 31, 2024 207.18 Mn
Sep 30, 2024 211.91 Mn
Jun 30, 2024 216.89 Mn
Mar 31, 2024 217.04 Mn
Dec 31, 2023 202.50 Mn
Sep 30, 2023 204.40 Mn
Jun 30, 2023 211.74 Mn
Mar 31, 2023 206.21 Mn
Dec 31, 2022 195.61 Mn
Sep 30, 2022 200.25 Mn
Jun 30, 2022 197.40 Mn
Mar 31, 2022 191.48 Mn
Dec 31, 2021 179.45 Mn
Sep 30, 2021 180.73 Mn
Jun 30, 2021 181.88 Mn