Growth Metrics

Limbach Holdings (LMB) Operating Expenses (2014 - 2026)

Limbach Holdings recorded quarterly Operating Expenses of $30.0 million in Q1 2026, down 1.61% quarter-over-quarter from $30.5 million in Q4 2025, and up 4.27% year-over-year from $28.8 million in Q1 2025.

Limbach Holdings' Operating Expenses history runs 13 years deep, the most recent figure standing at $30.0 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 4.27% year-over-year to $30.0 million; the TTM figure through Mar 2026 stood at $121.1 million (up 10.17% YoY), while the FY2025 annual figure was $119.9 million, up 13.44% from the prior year.
  • Operating Expenses came in at $30.0 million for Q1 2026 at Limbach Holdings, down from $30.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $31.3 million in Q3 2025 to a low of $19.1 million in Q1 2022.
  • A 5-year average of $25.1 million and a median of $25.2 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 24.24% in 2025 and fell as far as 0.09% in 2025.
  • Limbach Holdings' Operating Expenses stood at $23.3 million in 2022, then grew by 11.91% to $26.1 million in 2023, then grew by 17.28% to $30.6 million in 2024, then retreated by 0.09% to $30.5 million in 2025, then retreated by 1.61% to $30.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $30.0 million, $30.5 million, and $31.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Trane Technologies 99.95 Bn 98.89 Bn 1.73 Bn 952.00 Mn
2 Johnson Controls International 84.54 Bn 84.01 Bn 2.07 Bn 1.22 Bn
3 Carrier Global 52.72 Bn 51.70 Bn 4.82 Bn 5.10 Bn
4 Lennox International 16.87 Bn 16.82 Bn 351.30 Mn 185.20 Mn
5 Masco 13.72 Bn 13.60 Bn 686.00 Mn 369.00 Mn
6 Carlisle Companies 13.62 Bn 12.85 Bn 363.20 Mn 183.90 Mn
7 Aaon 10.97 Bn 10.97 Bn 109.77 Mn 65.81 Mn
8 SPX Technologies 10.37 Bn 10.22 Bn 230.60 Mn 14.50 Mn
9 Advanced Drainage Systems 10.34 Bn 10.19 Bn 237.66 Mn -
10 Limbach Holdings 839.12 Mn 823.36 Mn 31.17 Mn 30.04 Mn

Historic Data

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DateValue
Mar 31, 2026 30.04 Mn
Dec 31, 2025 30.53 Mn
Sep 30, 2025 31.34 Mn
Jun 30, 2025 29.18 Mn
Mar 31, 2025 28.81 Mn
Dec 31, 2024 30.56 Mn
Sep 30, 2024 25.23 Mn
Jun 30, 2024 25.32 Mn
Mar 31, 2024 24.56 Mn
Dec 31, 2023 26.06 Mn
Sep 30, 2023 21.42 Mn
Jun 30, 2023 20.96 Mn
Mar 31, 2023 21.57 Mn
Dec 31, 2022 23.28 Mn
Sep 30, 2022 19.46 Mn
Jun 30, 2022 19.85 Mn
Mar 31, 2022 19.13 Mn
Dec 31, 2021 18.95 Mn
Sep 30, 2021 18.39 Mn
Jun 30, 2021 17.34 Mn
Mar 31, 2021 17.25 Mn
Dec 31, 2020 16.11 Mn
Sep 30, 2020 17.15 Mn
Jun 30, 2020 14.03 Mn
Mar 31, 2020 16.94 Mn
Dec 31, 2019 13.62 Mn
Sep 30, 2019 16.72 Mn
Jun 30, 2019 17.25 Mn
Mar 31, 2019 16.22 Mn
Dec 31, 2018 14.71 Mn
Sep 30, 2018 13.63 Mn
Jun 30, 2018 14.02 Mn
Mar 31, 2018 16.00 Mn
Dec 31, 2017 15.81 Mn
Sep 30, 2017 14.42 Mn
Jun 30, 2017 13.80 Mn
Mar 31, 2017 15.58 Mn
Sep 30, 2016 11.66 Mn
Jun 30, 2016 10.28 Mn
Mar 31, 2016 9.84 Mn
Sep 30, 2015 9.21 Mn
Jun 30, 2014 565.00