Esab (ESAB) Operating Expenses (2021 - 2026)
Esab (ESAB) posted quarterly Operating Expenses of $171.2 million for Q4 2025, up 16.53% year-over-year from $146.9 million in Q4 2024, and up 5.22% quarter-over-quarter from $162.7 million in Q4 2025.
Esab (ESAB) Operating Expenses (2021 - 2026) Analysis & Trends
Esab (ESAB) has reported Operating Expenses for 5 consecutive years, with $171.2 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses rose 16.53% year-over-year to $171.2 million; the TTM figure through Dec 2025 stood at $636.2 million (up 7.82% YoY), while the FY2025 annual figure was $636.2 million, up 7.82% from the prior year.
- Operating Expenses rose to $171.2 million in Q4 2025 per ESAB's latest filing, from $162.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $171.2 million in Q4 2025 and bottomed at $127.5 million in Q2 2021.
- Historically, Operating Expenses has averaged $146.3 million across 5 years, with a median of $146.4 million in 2022.
- Annual changes were most pronounced in 2024 — Operating Expenses declined 7.88% — and 2025, when it climbed 16.53%.
- Esab's Operating Expenses stood at $139.8 million in 2021, then climbed by 4.33% to $145.8 million in 2022, then rose by 3.56% to $151.0 million in 2023, then decreased by 2.72% to $146.9 million in 2024, then gained by 16.53% to $171.2 million in 2025.
- Business Quant data shows ESAB's Operating Expenses at $171.2 million in Q4 2025, $162.7 million in Q4 2025, and $157.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.47 Bn | 27.69 Bn | 309.80 Mn | 99.60 Mn |
| 2 | Carpenter Technology | 24.45 Bn | 24.05 Bn | 268.90 Mn | 62.00 Mn |
| 3 | Mueller Industries | 13.49 Bn | 12.07 Bn | 395.35 Mn | 85.19 Mn |
| 4 | Commercial Metals | 7.25 Bn | 6.69 Bn | 455.14 Mn | 2.29 Bn |
| 5 | Esab | 4.82 Bn | 4.61 Bn | 307.21 Mn | 228.49 Mn |
| 6 | Gpgi | 3.71 Bn | 3.71 Bn | - | 9.40 Mn |
| 7 | Worthington Enterprises | 2.78 Bn | 2.75 Bn | 101.89 Mn | 78.73 Mn |
| 8 | Proto Labs | 1.90 Bn | 1.75 Bn | 69.34 Mn | 57.98 Mn |
| 9 | Ryerson Holding | 1.26 Bn | 1.22 Bn | 355.20 Mn | 320.30 Mn |
| 10 | Insteel Industries | 590.85 Mn | 567.91 Mn | 20.10 Mn | 8.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 3, 2026 | 228.49 Mn |
| Dec 31, 2025 | 171.18 Mn |
| Oct 3, 2025 | 162.68 Mn |
| Jul 4, 2025 | 156.95 Mn |
| Apr 4, 2025 | 145.36 Mn |
| Dec 31, 2024 | 146.90 Mn |
| Sep 27, 2024 | 147.78 Mn |
| Jun 28, 2024 | 150.96 Mn |
| Mar 29, 2024 | 144.37 Mn |
| Dec 31, 2023 | 151.01 Mn |
| Sep 29, 2023 | 148.57 Mn |
| Jun 30, 2023 | 155.28 Mn |
| Mar 31, 2023 | 156.73 Mn |
| Dec 31, 2022 | 145.81 Mn |
| Sep 30, 2022 | 128.34 Mn |
| Jul 1, 2022 | 141.59 Mn |
| Apr 1, 2022 | 140.72 Mn |
| Dec 31, 2021 | 139.75 Mn |
| Oct 1, 2021 | 128.33 Mn |
| Jul 2, 2021 | 136.19 Mn |