Dover (DOV) Operating Expenses (2009 - 2026)
Dover (DOV) reported Operating Expenses of $492.2 million for Q1 2026, up 9.58% on a YoY basis from $449.2 million in Q1 2025, and up 3.52% quarter-over-quarter from $475.5 million in Q4 2025.
Dover (DOV) Operating Expenses (2009 - 2026) Analysis & Trends
Dover has reported Operating Expenses for 18 years, with the latest figure at $492.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 9.58% year-over-year to $492.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (up 7.36% YoY), and the FY2025 full-year result was $1.8 billion, up 5.28% from the prior year.
- Operating Expenses for Q1 2026 stood at $492.2 million, up from $475.5 million in the prior quarter.
- The five-year high for Operating Expenses was $492.2 million in Q1 2026, with the low at $354.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $435.2 million across 5 years, with a median of $434.3 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses retreated 19.15% — and 2023, when it climbed 16.71%.
- Dover's Operating Expenses stood at $354.7 million in 2022, then climbed by 16.71% to $414.0 million in 2023, then rose by 8.86% to $450.7 million in 2024, then grew by 5.51% to $475.5 million in 2025, then climbed by 3.52% to $492.2 million in 2026.
- The last three Operating Expenses figures came in at $492.2 million (Q1 2026), $475.5 million (Q4 2025), and $456.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 1.60 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | - |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 492.23 Mn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 370.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 492.23 Mn |
| Dec 31, 2025 | 475.51 Mn |
| Sep 30, 2025 | 456.44 Mn |
| Jun 30, 2025 | 463.67 Mn |
| Mar 31, 2025 | 449.19 Mn |
| Dec 31, 2024 | 450.66 Mn |
| Sep 30, 2024 | 429.57 Mn |
| Jun 30, 2024 | 429.06 Mn |
| Mar 31, 2024 | 442.98 Mn |
| Dec 31, 2023 | 413.98 Mn |
| Sep 30, 2023 | 402.84 Mn |
| Jun 30, 2023 | 434.34 Mn |
| Mar 31, 2023 | 432.41 Mn |
| Dec 31, 2022 | 354.70 Mn |
| Sep 30, 2022 | 402.34 Mn |
| Jun 30, 2022 | 424.43 Mn |
| Mar 31, 2022 | 443.84 Mn |
| Dec 31, 2021 | 438.69 Mn |
| Sep 30, 2021 | 412.55 Mn |
| Jun 30, 2021 | 428.04 Mn |