Eaton (ETN) Operating Expenses (2012 - 2026)

Eaton's (ETN) quarterly Operating Expenses came in at $1.5 billion in Q1 2026, up 18.78% year-on-year from $1.2 billion in Q1 2025, and up 22.11% on a QoQ basis from $1.2 billion in Q4 2025.

Eaton (ETN) Operating Expenses (2012 - 2026) Analysis & Trends

Eaton (ETN) has 15 years of Operating Expenses data on file, last reported at $1.5 billion in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 18.78% year-over-year to $1.5 billion in Q1 2026; TTM through Mar 2026 was $5.3 billion, a 8.96% increase from a year earlier, with the FY2025 full-year figure at $5.1 billion, up 4.87% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.5 billion, up from $1.2 billion in the prior quarter.
  • Over the last five years, Operating Expenses for ETN reached as high as $1.5 billion in Q1 2026 and fell as low as $955.0 million in Q1 2022.
  • Historically, Operating Expenses has averaged $1.2 billion across 5 years, with a median of $1.2 billion in 2024.
  • Across the five-year window, Operating Expenses fell 3.3% in 2022 and gained 20.15% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $963.0 million in 2022, then rose by 20.15% to $1.2 billion in 2023, then gained by 4.06% to $1.2 billion in 2024, then rose by 0.66% to $1.2 billion in 2025, then advanced by 22.11% to $1.5 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.5 billion in Q1 2026, $1.2 billion in Q4 2025, and $1.3 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 559.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.48 Bn
Dec 31, 2025 1.21 Bn
Sep 30, 2025 1.31 Bn
Jun 30, 2025 1.34 Bn
Mar 31, 2025 1.25 Bn
Dec 31, 2024 1.20 Bn
Sep 30, 2024 1.24 Bn
Jun 30, 2024 1.22 Bn
Mar 31, 2024 1.21 Bn
Dec 31, 2023 1.16 Bn
Sep 30, 2023 1.14 Bn
Jun 30, 2023 1.17 Bn
Mar 31, 2023 1.08 Bn
Dec 31, 2022 963.00 Mn
Sep 30, 2022 978.00 Mn
Jun 30, 2022 996.00 Mn
Mar 31, 2022 955.00 Mn
Dec 31, 2021 913.00 Mn
Sep 30, 2021 986.00 Mn
Jun 30, 2021 1.03 Bn