Matthews International (MATW) Operating Expenses (2009 - 2026)
Matthews International (MATW) posted Operating Expenses of $72.4 million for Q1 2026, down 10.92% on a QoQ basis from $81.3 million in Q4 2025, and down 23.65% year-over-year from $94.8 million in Q1 2025.
Matthews International (MATW) Operating Expenses (2009 - 2026) Analysis & Trends
Matthews International's Operating Expenses history runs 18 years deep, the most recent figure standing at $72.4 million for Q1 2026.
- Quarterly Operating Expenses fell 23.65% year-over-year to $72.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $329.5 million (down 7.76% YoY) and the FY2025 annual result came in at $349.3 million, up 0.83% from the prior year.
- Operating Expenses was $72.4 million for Q1 2026 at Matthews International, down from $81.3 million in the prior quarter.
- Across five years, Operating Expenses topped out at $105.7 million in Q3 2024 and bottomed at $65.9 million in Q2 2022.
- A 5-year average of $81.4 million and a median of $80.1 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses surged 35.33% — and 2026, when it fell 23.65%.
- Matthews International's Operating Expenses stood at $77.9 million in 2022, then advanced by 0.98% to $78.7 million in 2023, then dropped by 2.71% to $76.6 million in 2024, then rose by 6.18% to $81.3 million in 2025, then declined by 10.92% to $72.4 million in 2026.
- Business Quant data shows MATW's Operating Expenses at $72.4 million in Q1 2026, $81.3 million in Q4 2025, and $91.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 1.87 Bn |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 161.25 Mn |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | -296.00 Mn |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 121.00 Mn |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 261.79 Mn |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 118.03 Mn |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 212.70 Mn |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 72.41 Mn |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | 132.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.41 Mn |
| Dec 31, 2025 | 81.28 Mn |
| Sep 30, 2025 | 91.48 Mn |
| Jun 30, 2025 | 84.34 Mn |
| Mar 31, 2025 | 94.84 Mn |
| Dec 31, 2024 | 76.55 Mn |
| Sep 30, 2024 | 105.74 Mn |
| Jun 30, 2024 | 80.09 Mn |
| Mar 31, 2024 | 81.89 Mn |
| Dec 31, 2023 | 78.69 Mn |
| Sep 30, 2023 | 78.14 Mn |
| Jun 30, 2023 | 69.80 Mn |
| Mar 31, 2023 | 81.52 Mn |
| Dec 31, 2022 | 77.92 Mn |
| Sep 30, 2022 | 91.99 Mn |
| Jun 30, 2022 | 65.94 Mn |
| Mar 31, 2022 | 71.82 Mn |
| Dec 31, 2021 | 68.57 Mn |
| Sep 30, 2021 | 72.02 Mn |
| Jun 30, 2021 | 73.48 Mn |