Hyster-Yale (HY) Operating Expenses (2011 - 2026)
Hyster-Yale's (HY) quarterly Operating Expenses came in at $169.5 million in Q1 2026, up 8.38% YoY from $156.4 million in Q1 2025, and down 11.72% on a QoQ basis from $192.0 million in Q4 2025.
Hyster-Yale (HY) Operating Expenses (2011 - 2026) Analysis & Trends
Hyster-Yale (HY) has 16 years of Operating Expenses data on file, last reported at $169.5 million in 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 fell to $169.5 million in Q1 2026, from $192.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $192.0 million in Q4 2025 to a low of $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 fell 6.37% — and 2023, when it increased 29.7%.
- Tracing HY's Operating Expenses over 5 years: 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 rose by 9.53% to $192.0 million in 2025, then declined by 11.72% to $169.5 million in 2026.
- The last three Operating Expenses figures came in at $169.5 million (Q1 2026), $192.0 million (Q4 2025), and $153.6 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.37 Bn | 367.65 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 168.66 Bn | 160.76 Bn | 13.06 Bn | 11.08 Bn |
| 3 | Paccar | 67.91 Bn | 59.25 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 13.55 Bn | 11.68 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.54 Bn | 9.13 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 7.40 Bn | 6.83 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.30 Bn | 6.90 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.10 Bn | 1.98 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 1.96 Bn | 1.76 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Hyster-Yale | 588.59 Mn | 588.59 Mn | 127.60 Mn | 150.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 146.00 Mn |
| 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 |