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
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