Applied Industrial Technologies (AIT) Operating Expenses (2009 - 2026)
Applied Industrial Technologies (AIT) reported 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 18 years of Operating Expenses data on file, last reported at $242.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $242.9 million, up 7.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $945.1 million (up 9.65% YoY), and the FY2025 annual result was $884.6 million, up 5.21% from the prior year.
- Operating Expenses climbed to $242.9 million in Q1 2026 per AIT's latest filing, from $230.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $242.9 million in Q1 2026 and troughed at $191.5 million in Q1 2022.
- A 5-year average of $213.7 million and a median of $211.7 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses climbed 2.07% in 2023, then rose 11.07% in 2025.
- A 5-year view of Operating Expenses shows it stood at $195.6 million in 2022, then climbed by 3.52% to $202.5 million in 2023, then rose by 2.31% to $207.2 million in 2024, then gained by 11.07% to $230.1 million in 2025, then grew 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 | 62.43 Bn | 62.25 Bn | 1.75 Bn | 1.11 Bn |
| 2 | Fastenal | 52.87 Bn | 52.56 Bn | 982.90 Mn | 535.30 Mn |
| 3 | Ferguson Enterprises | 43.71 Bn | 42.89 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.21 Bn | 16.51 Bn | 1.29 Bn | 947.60 Mn |
| 5 | Watsco | 14.12 Bn | 13.98 Bn | 427.56 Mn | 322.85 Mn |
| 6 | Applied Industrial Technologies | 11.70 Bn | 11.53 Bn | 380.80 Mn | 242.88 Mn |
| 7 | Qxo | 11.53 Bn | 8.48 Bn | 409.30 Mn | 661.20 Mn |
| 8 | Core & Main | 9.91 Bn | 9.77 Bn | 428.00 Mn | 310.00 Mn |
| 9 | Pool | 6.54 Bn | 6.47 Bn | 329.87 Mn | 247.26 Mn |
| 10 | Msc Industrial Direct | 6.47 Bn | 6.42 Bn | 377.59 Mn | 310.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |