Lincoln Electric Holdings LECO
NASDAQ LECO
$248.69 -22.83 (-8.41%)
As of: Sep 10, 2026 · 11:46 AM EDT

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

Lincoln Electric Holdings' (LECO) quarterly Operating Expenses came in at $228.4 million in Q2 2026, up 7.01% on a YoY basis from $213.4 million in Q2 2025, and up 7.22% quarter-over-quarter from $213.0 million in Q1 2026.

Analysis

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

Lincoln Electric Holdings (LECO) has reported Operating Expenses for 18 consecutive years, with $228.4 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 7.01% year-over-year to $228.4 million; the trailing twelve-month figure through Jun 2026 stood at $843.6 million (up 3.88% YoY), and the FY2025 full-year result was $816.2 million, down 2.42% from the prior year.
  • Operating Expenses advanced to $228.4 million in Q2 2026 per LECO's latest filing, from $213.0 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.
  • Historically, Operating Expenses has averaged $195.0 million across 5 years, with a median of $194.8 million in 2023.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses advanced 20.24% in 2024, then dropped 9.18% in 2025.
  • Over 5 years, 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 rose by 20.44% to $228.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $228.4 million, $213.0 million, and $189.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Snap-on 19.36 Bn 17.72 Bn 635.20 Mn 370.70 Mn
2 Lincoln Electric Holdings 13.60 Bn 13.35 Bn 449.00 Mn 228.35 Mn
3 Stanley Black & Decker 13.35 Bn 12.75 Bn 1.31 Bn 3.46 Bn
4 Vontier 4.39 Bn 4.13 Bn 365.00 Mn 202.70 Mn
5 Esab 4.34 Bn 4.13 Bn 307.21 Mn 228.49 Mn
6 Brady 4.05 Bn 3.86 Bn 231.13 Mn 171.02 Mn
7 Kennametal 2.22 Bn 2.13 Bn 433.56 Mn 128.29 Mn
8 Enerpac Tool 1.83 Bn 1.72 Bn 88.78 Mn 45.82 Mn
9 MSA Safety 1.45 Bn 1.25 Bn 249.29 Mn 135.44 Mn
10 Lakeland Industries 94.18 Mn 76.76 Mn 14.89 Mn 19.06 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 228.35 Mn
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