Eaton ETN
NYSE ETN
$415.32 -6.82 (-1.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

Eaton (ETN) Operating Expenses (2012 - 2026)

Eaton's (ETN) quarterly Operating Expenses came in at $1.5 billion in Q2 2026, up 9.1% year-over-year from $1.3 billion in Q2 2025, and down 1.15% quarter-over-quarter from $1.5 billion in Q1 2026.

Analysis

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

Eaton (ETN) has reported Operating Expenses for 15 consecutive years, with $1.5 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 9.1% year-over-year to $1.5 billion in Q2 2026; TTM through Jun 2026 was $5.5 billion, a 8.69% increase from a year earlier, with the FY2025 full-year figure at $5.1 billion, up 4.87% from the prior year.
  • Operating Expenses was $1.5 billion for Q2 2026 at Eaton, down from $1.5 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.5 billion in Q1 2026 and troughed at $955.0 million in Q1 2022.
  • A 5-year average of $1.2 billion and a median of $1.2 billion in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses retreated 3.3% in 2022 and advanced 20.15% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $963.0 million in 2022, then advanced by 20.15% to $1.2 billion in 2023, then climbed by 4.06% to $1.2 billion in 2024, then advanced by 0.66% to $1.2 billion in 2025, then increased by 20.71% to $1.5 billion in 2026.
  • The last three Operating Expenses figures came in at $1.5 billion (Q2 2026), $1.5 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amphenol 200.46 Bn 194.35 Bn 3.55 Bn 963.40 Mn
2 Eaton 161.54 Bn 160.85 Bn 2.86 Bn 1.46 Bn
3 Vertiv Holdings 100.83 Bn 97.72 Bn 1.23 Bn 490.50 Mn
4 TE Connectivity 59.59 Bn 58.35 Bn 1.84 Bn 92.00 Mn
5 nVent Electric 25.65 Bn 25.40 Bn 558.00 Mn 257.30 Mn
6 Hubbell 24.08 Bn 23.69 Bn 613.00 Mn 264.40 Mn
7 Advanced Energy Industries 11.11 Bn 9.69 Bn 236.10 Mn 141.00 Mn
8 Aptiv 9.45 Bn 8.69 Bn 775.00 Mn 2.91 Bn
9 Valmont Industries 9.30 Bn 9.17 Bn 340.82 Mn 174.71 Mn
10 Vicor 8.40 Bn 7.95 Bn 83.12 Mn 48.24 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.46 Bn
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