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 424.10 Bn 420.03 Bn 6.11 Bn 14.33 Bn
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 11.08 Bn
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn 5.65 Bn
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 229.90 Mn
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn 241.00 Mn
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 31.53 Mn
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 57.77 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 29.34 Mn
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 90.20 Mn
10 Hyster-Yale 619.64 Mn 623.94 Mn 124.80 Mn 152.80 Mn

Historic Data

Download Data
DateValue
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