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| 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 |