Matthews International (MATW) Operating Expenses (2009 - 2026)
Matthews International (MATW) reported Operating Expenses of $69.09 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 18.1% from $84.34 million a year earlier and down 4.6% from the prior quarter.
Matthews International (MATW) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Matthews International's Operating Expenses came in at $316.34 million, down 12.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $349.28 million, up 0.8% from FY2024.
- Operating Expenses has increased for five consecutive fiscal years, with a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- By fiscal year, Operating Expenses came in at $346.41 million in FY2024 (+12.7%), $307.37 million in FY2023 (+3.0%), $298.32 million in FY2022 (+4.5%) and $285.37 million in FY2021 (+3.8%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Operating Expenses since fiscal Q3 2022.
- Year over year, Operating Expenses gained in four of the last eight quarters, with growth averaging 0.8%.
- The high point for year-over-year Operating Expenses in five years was fiscal Q4 2024 (growth of 35.3%); the low point was fiscal Q2 2026 (a decline of 23.7%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $72.41 million (Q2 2026), $81.28 million (Q1 2026) and $93.56 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Service Corp International | 10.50 Bn | 9.49 Bn | 273.50 Mn | 41.78 Mn |
| 2 | New Oriental Education & Technology | 8.43 Bn | -6.34 Bn | 812.22 Mn | 1.44 Bn |
| 3 | Laureate Education | 5.29 Bn | 4.58 Bn | 237.67 Mn | 14.24 Mn |
| 4 | Graham Holdings | 4.82 Bn | -55.90 Mn | 392.03 Mn | 1.22 Bn |
| 5 | Covista | 4.07 Bn | 3.19 Bn | 284.63 Mn | 405.94 Mn |
| 6 | Valvoline | 3.78 Bn | 3.49 Bn | 214.90 Mn | 103.10 Mn |
| 7 | Bright Horizons Family Solutions | 3.14 Bn | 2.59 Bn | 188.96 Mn | 108.00 Mn |
| 8 | Stride | 3.14 Bn | 32.69 Mn | 217.28 Mn | 111.43 Mn |
| 9 | Onespaworld Holdings | 2.35 Bn | 2.25 Bn | 44.57 Mn | 236.74 Mn |
| 10 | Matthews International | 606.47 Mn | 468.99 Mn | 88.19 Mn | 69.09 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.09 Mn |
| Mar 31, 2026 | 72.41 Mn |
| Dec 31, 2025 | 81.28 Mn |
| Sep 30, 2025 | 93.56 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 |
Matthews International Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MATW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MATW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MATW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();