Global Industrial (GIC) Operating Expenses (2010 - 2026)
Global Industrial (GIC) reported Operating Expenses of $101.3 million for Q1 2026, up 7.88% on a YoY basis from $93.9 million in Q1 2025, and up 1.81% quarter-over-quarter from $99.5 million in Q4 2025.
Global Industrial (GIC) Operating Expenses (2010 - 2026) Analysis & Trends
Global Industrial has reported Operating Expenses for 17 years, with the latest figure at $101.3 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 7.88% year-over-year to $101.3 million; the trailing twelve-month figure through Mar 2026 stood at $400.0 million (up 7.56% YoY), and the FY2025 full-year result was $392.6 million, up 5.68% from the prior year.
- Operating Expenses for Q1 2026 stood at $101.3 million, up from $99.5 million in the prior quarter.
- The five-year high for Operating Expenses was $101.3 million in Q1 2026, with the low at $76.1 million in Q4 2022.
- Historically, Operating Expenses has averaged $89.5 million across 5 years, with a median of $88.1 million in 2023.
- Annual changes were most pronounced in 2024 — Operating Expenses advanced 16.0% — and 2025, when it advanced 0.43%.
- Global Industrial's Operating Expenses stood at $76.1 million in 2022, then advanced by 14.06% to $86.8 million in 2023, then advanced by 1.15% to $87.8 million in 2024, then rose by 13.33% to $99.5 million in 2025, then gained by 1.81% to $101.3 million in 2026.
- The last three Operating Expenses figures came in at $101.3 million (Q1 2026), $99.5 million (Q4 2025), and $99.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 63.64 Bn | 63.46 Bn | 1.75 Bn | 1.11 Bn |
| 2 | Fastenal | 53.18 Bn | 52.87 Bn | 982.90 Mn | 535.30 Mn |
| 3 | Ferguson Enterprises | 45.51 Bn | 44.69 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.33 Bn | 16.62 Bn | 1.29 Bn | 947.60 Mn |
| 5 | Watsco | 14.65 Bn | 14.51 Bn | 427.56 Mn | 322.85 Mn |
| 6 | Qxo | 12.24 Bn | 9.19 Bn | 409.30 Mn | 661.20 Mn |
| 7 | Applied Industrial Technologies | 11.99 Bn | 11.82 Bn | 380.80 Mn | 242.88 Mn |
| 8 | Core & Main | 9.98 Bn | 9.84 Bn | 428.00 Mn | 310.00 Mn |
| 9 | Pool | 7.00 Bn | 6.92 Bn | 329.87 Mn | 247.26 Mn |
| 10 | Global Industrial | 1.19 Bn | 1.13 Bn | 121.90 Mn | 101.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 101.30 Mn |
| Dec 31, 2025 | 99.50 Mn |
| Sep 30, 2025 | 99.70 Mn |
| Jun 30, 2025 | 99.50 Mn |
| Mar 31, 2025 | 93.90 Mn |
| Dec 31, 2024 | 87.80 Mn |
| Sep 30, 2024 | 94.10 Mn |
| Jun 30, 2024 | 96.10 Mn |
| Mar 31, 2024 | 93.50 Mn |
| Dec 31, 2023 | 86.80 Mn |
| Sep 30, 2023 | 88.10 Mn |
| Jun 30, 2023 | 83.80 Mn |
| Mar 31, 2023 | 80.60 Mn |
| Dec 31, 2022 | 76.10 Mn |
| Sep 30, 2022 | 79.10 Mn |
| Jun 30, 2022 | 82.50 Mn |
| Mar 31, 2022 | 78.30 Mn |
| Dec 31, 2021 | 70.90 Mn |
| Sep 30, 2021 | 71.40 Mn |
| Jun 30, 2021 | 73.30 Mn |