Hyster-Yale (HY) Operating Expenses (2011 - 2026)
Hyster-Yale's (HY) quarterly Operating Expenses came in at $150.3 million in Q2 2026, down 14.94% on a YoY basis from $176.7 million in Q2 2025, and down 11.33% quarter-over-quarter from $169.5 million in Q1 2026.
Analysis
Hyster-Yale (HY) Operating Expenses (2011 - 2026) Analysis & Trends
Hyster-Yale (HY) has reported Operating Expenses for 16 consecutive years, with $150.3 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 14.94% year-over-year to $150.3 million; the trailing twelve-month figure through Jun 2026 stood at $641.6 million (down 3.98% YoY), and the FY2025 full-year result was $654.9 million, up 0.65% from the prior year.
- Operating Expenses retreated to $150.3 million in Q2 2026 per HY's latest filing, from $169.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $176.7 million in Q2 2025 and bottomed at $111.8 million in Q3 2022.
- Historically, Operating Expenses has averaged $148.6 million across 5 years, with a median of $152.8 million in 2024.
- The sharpest annual moves came in 2023 and 2026: Operating Expenses rose 29.7% in 2023, then decreased 14.94% in 2026.
- Over 5 years, Operating Expenses stood at $126.9 million in 2022, then increased by 26.87% to $161.0 million in 2023, then climbed by 8.88% to $175.3 million in 2024, then decreased by 4.05% to $168.2 million in 2025, then dropped by 10.64% to $150.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $150.3 million, $169.5 million, and $168.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | - |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Hyster-Yale | 609.81 Mn | 609.81 Mn | 127.60 Mn | 150.30 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 150.30 Mn |
| Mar 31, 2026 | 169.50 Mn |
| Dec 31, 2025 | 168.20 Mn |
| Sep 30, 2025 | 153.60 Mn |
| Jun 30, 2025 | 176.70 Mn |
| Mar 31, 2025 | 156.40 Mn |
| Dec 31, 2024 | 175.30 Mn |
| Sep 30, 2024 | 159.80 Mn |
| Jun 30, 2024 | 163.70 Mn |
| Mar 31, 2024 | 151.90 Mn |
| Dec 31, 2023 | 161.00 Mn |
| Sep 30, 2023 | 145.00 Mn |
| Jun 30, 2023 | 139.10 Mn |
| Mar 31, 2023 | 131.80 Mn |
| Dec 31, 2022 | 126.90 Mn |
| Sep 30, 2022 | 111.80 Mn |
| Jun 30, 2022 | 114.80 Mn |
| Mar 31, 2022 | 119.50 Mn |
| Dec 31, 2021 | 104.90 Mn |
| Sep 30, 2021 | 119.40 Mn |