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

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

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

Lincoln Electric Holdings has reported Operating Expenses for 18 years, with the latest figure at $213.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 6.21% year-over-year to $213.0 million; the trailing twelve-month figure through Mar 2026 stood at $828.6 million (down 0.6% YoY), and the FY2025 full-year result was $816.2 million, down 2.42% from the prior year.
  • Operating Expenses for Q1 2026 stood at $213.0 million, up from $189.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $235.0 million in Q2 2024, with the low at $165.9 million in Q2 2022.
  • Historically, Operating Expenses has averaged $193.0 million across 5 years, with a median of $194.2 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Expenses gained 20.24% — and 2025, when it slipped 9.18%.
  • Lincoln Electric Holdings' Operating Expenses stood at $166.5 million in 2022, then climbed by 0.3% to $167.0 million in 2023, then grew by 14.73% to $191.6 million in 2024, then retreated by 1.04% to $189.6 million in 2025, then gained by 12.32% to $213.0 million in 2026.
  • The last three Operating Expenses figures came in at $213.0 million (Q1 2026), $189.6 million (Q4 2025), and $212.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Snap-on 19.71 Bn 17.98 Bn 223.10 Mn 362.00 Mn
2 RBC Bearings 18.58 Bn 18.52 Bn 230.00 Mn 110.90 Mn
3 Lincoln Electric Holdings 14.37 Bn 14.06 Bn 399.13 Mn 212.97 Mn
4 Stanley Black & Decker 11.91 Bn 11.58 Bn 1.16 Bn 3.76 Bn
5 Timken 9.17 Bn 9.33 Bn 394.00 Mn 204.80 Mn
6 Toro 8.55 Bn 8.36 Bn 336.50 Mn 249.40 Mn
7 Kennametal 2.49 Bn 2.42 Bn 207.98 Mn 124.05 Mn
8 Hillman Solutions 1.44 Bn 1.41 Bn 168.58 Mn 146.57 Mn
9 Eastern 129.83 Mn 121.67 Mn 11.93 Mn 10.60 Mn
10 Chicago Rivet & Machine 9.85 Mn 8.40 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