Csw Industrials (CSW) Operating Expenses (2014 - 2026)
Csw Industrials (CSW) posted Operating Expenses of -$197.4 million for Q1 2026, down 362.8% on a QoQ basis from $75.1 million in Q4 2025, and down 447.25% year-over-year from $56.8 million in Q1 2025.
Analysis
Csw Industrials (CSW) Operating Expenses (2014 - 2026) Analysis & Trends
Csw Industrials has reported Operating Expenses for 13 years, with the latest figure at -$197.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses fell 447.25% year-over-year to -$197.4 million in Q1 2026; TTM through Mar 2026 was $700000.0, a 99.67% decrease from a year earlier, with the FY2026 full-year figure at $700000.0, down 99.67% from the prior year.
- Operating Expenses was -$197.4 million for Q1 2026 at Csw Industrials, down from $75.1 million in the prior quarter.
- The five-year high for Operating Expenses was $75.1 million in Q4 2025, with the low at -$197.4 million in Q1 2026.
- Average Operating Expenses over 5 years is $36.9 million, with a median of $49.0 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 48.69% in 2025, then plunged 447.25% in 2026.
- Over 5 years, Operating Expenses stood at $42.7 million in 2022, then rose by 8.7% to $46.4 million in 2023, then grew by 8.86% to $50.5 million in 2024, then surged by 48.69% to $75.1 million in 2025, then sank by 362.8% to -$197.4 million in 2026.
- The last three Operating Expenses figures came in at -$197.4 million (Q1 2026), $75.1 million (Q4 2025), and $62.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 98.27 Bn | 96.95 Bn | 2.26 Bn | 1.04 Bn |
| 2 | Johnson Controls International | 87.97 Bn | 87.32 Bn | 2.47 Bn | 1.49 Bn |
| 3 | Comfort Systems Usa | 56.85 Bn | 55.00 Bn | 844.23 Mn | 287.05 Mn |
| 4 | Carrier Global | 47.99 Bn | 46.64 Bn | 1.94 Bn | 5.58 Bn |
| 5 | Lennox International | 13.02 Bn | 12.97 Bn | 539.50 Mn | 183.10 Mn |
| 6 | Modine Manufacturing | 9.82 Bn | 9.75 Bn | - | - |
| 7 | SPX Technologies | 9.64 Bn | 9.48 Bn | 272.80 Mn | 15.80 Mn |
| 8 | Smith A O | 7.92 Bn | 7.74 Bn | 387.80 Mn | 220.30 Mn |
| 9 | Aaon | 6.32 Bn | 6.32 Bn | 152.49 Mn | 83.61 Mn |
| 10 | Csw Industrials | 4.90 Bn | 4.87 Bn | - | -197.38 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -197.38 Mn |
| Dec 31, 2025 | 75.11 Mn |
| Sep 30, 2025 | 62.41 Mn |
| Jun 30, 2025 | 60.57 Mn |
| Mar 31, 2025 | 56.84 Mn |
| Dec 31, 2024 | 50.51 Mn |
| Sep 30, 2024 | 52.35 Mn |
| Jun 30, 2024 | 52.36 Mn |
| Mar 31, 2024 | 49.30 Mn |
| Dec 31, 2023 | 46.40 Mn |
| Sep 30, 2023 | 48.97 Mn |
| Jun 30, 2023 | 46.96 Mn |
| Mar 31, 2023 | 45.58 Mn |
| Dec 31, 2022 | 42.69 Mn |
| Sep 30, 2022 | 45.33 Mn |
| Jun 30, 2022 | 45.55 Mn |
| Mar 31, 2022 | 43.41 Mn |
| Dec 31, 2021 | 37.89 Mn |
| Sep 30, 2021 | 37.16 Mn |
| Jun 30, 2021 | 40.12 Mn |