Hyster-Yale (HY) Operating Expenses (2011 - 2026)
Hyster-Yale (HY) reported Operating Expenses of $152.8 million for Q1 2026, down 2.3% on a YoY basis from $156.4 million in Q1 2025, and down 9.16% quarter-over-quarter from $168.2 million in Q4 2025.
Hyster-Yale (HY) Operating Expenses (2011 - 2026) Analysis & Trends
Hyster-Yale has reported Operating Expenses for 16 years, with the latest figure at $152.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 2.3% year-over-year to $152.8 million; the trailing twelve-month figure through Mar 2026 stood at $651.3 million (down 0.6% YoY), and the FY2025 full-year result was $654.9 million, up 0.65% from the prior year.
- Operating Expenses for Q1 2026 stood at $152.8 million, down from $168.2 million in the prior quarter.
- The five-year high for Operating Expenses was $176.7 million in Q2 2025, with the low at $111.8 million in Q3 2022.
- Historically, Operating Expenses has averaged $147.5 million across 5 years, with a median of $152.8 million in 2026.
- Annual changes were most pronounced in 2022 — Operating Expenses fell 6.37% — and 2023, when it increased 29.7%.
- Hyster-Yale's Operating Expenses stood at $126.9 million in 2022, then climbed by 26.87% to $161.0 million in 2023, then gained by 8.88% to $175.3 million in 2024, then fell by 4.05% to $168.2 million in 2025, then slipped by 9.16% to $152.8 million in 2026.
- The last three Operating Expenses figures came in at $152.8 million (Q1 2026), $168.2 million (Q4 2025), and $153.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 397.22 Bn | 393.14 Bn | 6.11 Bn | 14.33 Bn |
| 2 | Deere | 151.61 Bn | 143.71 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 60.18 Bn | 59.49 Bn | 1.36 Bn | 5.65 Bn |
| 4 | Oshkosh | 8.00 Bn | 7.75 Bn | 311.90 Mn | 229.90 Mn |
| 5 | Terex | 5.74 Bn | 5.35 Bn | 206.00 Mn | 241.00 Mn |
| 6 | Blue Bird | 2.18 Bn | 1.91 Bn | 70.65 Mn | 31.53 Mn |
| 7 | Alamo | 1.82 Bn | 1.62 Bn | 104.81 Mn | 57.77 Mn |
| 8 | Lindsay | 1.21 Bn | 1.02 Bn | 42.35 Mn | 29.34 Mn |
| 9 | Astec Industries | 1.14 Bn | 1.06 Bn | 99.10 Mn | 90.20 Mn |
| 10 | Hyster-Yale | 613.93 Mn | 618.23 Mn | 124.80 Mn | 152.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 152.80 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 |
| Jun 30, 2021 | 110.50 Mn |