Hyster-Yale (HY) Operating Expenses (2011 - 2026)

Hyster-Yale (HY) posted Operating Expenses of $169.5 million for Q1 2026, down 11.72% on a QoQ basis from $192.0 million in Q4 2025, and up 8.38% year-over-year from $156.4 million in Q1 2025.

Hyster-Yale (HY) Operating Expenses (2011 - 2026) Analysis & Trends

Hyster-Yale's Operating Expenses history runs 16 years deep, the most recent figure standing at $169.5 million for Q1 2026.

  • Quarterly Operating Expenses rose 8.38% year-over-year to $169.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $691.8 million (up 5.59% YoY) and the FY2025 annual result came in at $654.9 million, up 0.65% from the prior year.
  • Operating Expenses was $169.5 million for Q1 2026 at Hyster-Yale, down from $192.0 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $192.0 million in Q4 2025 and bottomed at $111.8 million in Q3 2022.
  • A 5-year average of $149.9 million and a median of $153.6 million in 2025 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses slipped 6.37% — and 2023, when it advanced 29.7%.
  • Hyster-Yale's 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 advanced by 9.53% to $192.0 million in 2025, then retreated by 11.72% to $169.5 million in 2026.
  • Business Quant data shows HY's Operating Expenses at $169.5 million in Q1 2026, $192.0 million in Q4 2025, and $153.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caterpillar 414.02 Bn 409.95 Bn 6.11 Bn 14.33 Bn
2 Deere 164.89 Bn 157.03 Bn 13.06 Bn 11.08 Bn
3 Paccar 68.81 Bn 67.93 Bn 1.36 Bn 5.65 Bn
4 CNH Industrial 13.19 Bn 11.63 Bn 1.22 Bn 701.00 Mn
5 Oshkosh 11.41 Bn 11.16 Bn 311.90 Mn 229.90 Mn
6 Agco 8.50 Bn 8.28 Bn 581.40 Mn 339.10 Mn
7 Terex 6.58 Bn 6.19 Bn 206.00 Mn 241.00 Mn
8 Greenpower Motor 3.53 Bn 3.53 Bn 1.26 Mn 1.29 Mn
9 Blue Bird 2.45 Bn 2.18 Bn 70.65 Mn 31.53 Mn
10 Hyster-Yale 589.88 Mn 606.38 Mn 124.80 Mn 169.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 169.50 Mn
Dec 31, 2025 192.00 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
Jun 30, 2021 110.50 Mn