Global Industrial (GIC) Operating Expenses (2010 - 2026)
Global Industrial's (GIC) quarterly Operating Expenses came in at $101.3 million in Q1 2026, up 7.88% YoY from $93.9 million in Q1 2025, and up 1.81% on a QoQ basis from $99.5 million in Q4 2025.
Global Industrial (GIC) Operating Expenses (2010 - 2026) Analysis & Trends
Global Industrial (GIC) has 17 years of Operating Expenses data on file, last reported at $101.3 million in Q1 2026.
- Quarterly Operating Expenses rose 7.88% year-over-year to $101.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $400.0 million (up 7.56% YoY) and the FY2025 annual result came in at $392.6 million, up 5.68% from the prior year.
- Operating Expenses improved to $101.3 million in Q1 2026, from $99.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $101.3 million in Q1 2026 to a low of $76.1 million in Q4 2022.
- A 5-year average of $89.5 million and a median of $88.1 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses advanced 16.0% — and 2025, when it advanced 0.43%.
- Tracing GIC's Operating Expenses over 5 years: 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 | 62.04 Bn | 61.46 Bn | 1.98 Bn | 1.18 Bn |
| 2 | Fastenal | 59.03 Bn | 58.83 Bn | 1.06 Bn | 561.80 Mn |
| 3 | Ferguson Enterprises | 47.99 Bn | 47.17 Bn | 2.32 Bn | 1.61 Bn |
| 4 | Wesco International | 17.78 Bn | 16.97 Bn | 1.46 Bn | 1.02 Bn |
| 5 | Applied Industrial Technologies | 13.25 Bn | 13.08 Bn | 380.80 Mn | 242.88 Mn |
| 6 | Watsco | 11.97 Bn | 11.50 Bn | 578.93 Mn | 348.99 Mn |
| 7 | Core & Main | 8.70 Bn | 8.55 Bn | 520.00 Mn | 343.00 Mn |
| 8 | Pool | 7.21 Bn | 7.18 Bn | 540.76 Mn | 273.08 Mn |
| 9 | Msc Industrial Direct | 6.76 Bn | 6.69 Bn | 430.41 Mn | 323.66 Mn |
| 10 | Global Industrial | 1.49 Bn | 1.40 Bn | 155.40 Mn | 106.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 106.10 Mn |
| 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 |