Lincoln Electric Holdings (LECO) Operating Expenses (2009 - 2026)

Lincoln Electric Holdings (LECO) posted Operating Expenses of $213.0 million for Q1 2026, up 12.32% on a QoQ basis from $189.6 million in Q4 2025, and up 6.21% year-over-year from $200.5 million in Q1 2025.

Lincoln Electric Holdings (LECO) Operating Expenses (2009 - 2026) Analysis & Trends

Lincoln Electric Holdings' Operating Expenses history runs 18 years deep, the most recent figure standing at $213.0 million for Q1 2026.

  • Quarterly Operating Expenses rose 6.21% year-over-year to $213.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $828.6 million (down 0.6% YoY) and the FY2025 annual result came in at $816.2 million, down 2.42% from the prior year.
  • Operating Expenses was $213.0 million for Q1 2026 at Lincoln Electric Holdings, up from $189.6 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $235.0 million in Q2 2024 and bottomed at $165.9 million in Q2 2022.
  • A 5-year average of $193.0 million and a median of $194.2 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2024 — Operating Expenses grew 20.24% — and 2025, when it fell 9.18%.
  • Lincoln Electric Holdings' Operating Expenses stood at $166.5 million in 2022, then increased by 0.3% to $167.0 million in 2023, then rose by 14.73% to $191.6 million in 2024, then slipped by 1.04% to $189.6 million in 2025, then climbed by 12.32% to $213.0 million in 2026.
  • Business Quant data shows LECO's Operating Expenses at $213.0 million in Q1 2026, $189.6 million in Q4 2025, and $212.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Snap-on 20.52 Bn 18.79 Bn 635.20 Mn 370.70 Mn
2 RBC Bearings 18.73 Bn 18.68 Bn 230.00 Mn 110.90 Mn
3 Lincoln Electric Holdings 13.73 Bn 13.43 Bn 399.13 Mn 212.97 Mn
4 Stanley Black & Decker 13.27 Bn 12.93 Bn 1.16 Bn 3.76 Bn
5 Timken 9.80 Bn 9.96 Bn 394.00 Mn 204.80 Mn
6 Toro 8.88 Bn 8.69 Bn 336.50 Mn 249.40 Mn
7 Kennametal 2.66 Bn 2.59 Bn 207.98 Mn 126.16 Mn
8 Hillman Solutions 1.55 Bn 1.52 Bn 168.58 Mn 124.57 Mn
9 Eastern 147.40 Mn 139.23 Mn 11.93 Mn 10.60 Mn
10 Chicago Rivet & Machine 9.81 Mn 8.36 Mn 958,459.00 1.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 212.97 Mn
Dec 31, 2025 189.61 Mn
Sep 30, 2025 212.65 Mn
Jun 30, 2025 213.40 Mn
Mar 31, 2025 200.53 Mn
Dec 31, 2024 191.61 Mn
Sep 30, 2024 206.52 Mn
Jun 30, 2024 234.98 Mn
Mar 31, 2024 203.35 Mn
Dec 31, 2023 167.00 Mn
Sep 30, 2023 194.19 Mn
Jun 30, 2023 195.42 Mn
Mar 31, 2023 190.99 Mn
Dec 31, 2022 166.50 Mn
Sep 30, 2022 167.41 Mn
Jun 30, 2022 165.95 Mn
Mar 31, 2022 168.57 Mn
Dec 31, 2021 152.31 Mn
Sep 30, 2021 152.60 Mn
Jun 30, 2021 152.19 Mn