Esab (ESAB) Operating Expenses (2021 - 2025)
Esab (ESAB) reported 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% on a QoQ basis from $162.7 million in Q4 2025.
Esab (ESAB) has 5 years of Operating Expenses data on file, last reported at $171.2 million in Q4 2025.
- Quarterly Operating Expenses rose 16.53% year-over-year to $171.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $636.2 million (up 7.82% YoY) and the FY2025 annual result came in at $636.2 million, up 7.82% from the prior year.
- Operating Expenses climbed 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.
- The 5-year median for Operating Expenses is $146.4 million (2022), against an average of $146.3 million.
- The widest annual swing landed in 2024, when Operating Expenses slipped 7.88%; it then gained 16.53% in 2025.
- Tracing ESAB's Operating Expenses over 5 years: stood at $139.8 million in 2021, then rose by 4.33% to $145.8 million in 2022, then climbed by 3.56% to $151.0 million in 2023, then declined by 2.72% to $146.9 million in 2024, then grew by 16.53% to $171.2 million in 2025.
- Per Business Quant, the three latest ESAB Operating Expenses figures stand at $171.2 million (Q4 2025), $162.7 million (Q4 2025), and $157.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 22.19 Bn | 21.90 Bn | 262.90 Mn | 99.10 Mn |
| 2 | Carpenter Technology | 21.71 Bn | 21.41 Bn | 251.80 Mn | 65.30 Mn |
| 3 | Mueller Industries | 14.55 Bn | 13.18 Bn | 358.44 Mn | 83.44 Mn |
| 4 | Esab | 5.57 Bn | 5.43 Bn | 257.79 Mn | 171.18 Mn |
| 5 | Worthington Enterprises | 2.71 Bn | 2.70 Bn | 109.47 Mn | 77.93 Mn |
| 6 | Proto Labs | 1.70 Bn | 1.56 Bn | 63.59 Mn | 53.75 Mn |
| 7 | Mayville Engineering Company | 520.33 Mn | 518.26 Mn | 10.96 Mn | - |
| 8 | Insteel Industries | 517.83 Mn | 502.74 Mn | 16.49 Mn | 9.71 Mn |
| 9 | Tredegar | 271.32 Mn | 255.71 Mn | 28.99 Mn | 180.43 Mn |
| 10 | Techprecision | 38.93 Mn | 38.86 Mn | 381,000.00 | 1.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 2, 2021 | 127.49 Mn |