Mcgrath Rentcorp (MGRC) Operating Expenses (2010 - 2026)

Mcgrath Rentcorp has reported Operating Expenses for 17 years, with the latest figure at $76.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 5.29% year-over-year to $76.2 million; the trailing twelve-month figure through Mar 2026 stood at $302.1 million (up 44.64% YoY), and the FY2025 full-year result was $298.3 million, up 42.5% from the prior year.
• Operating Expenses for Q1 2026 stood at $76.2 million, roughly flat from $76.5 million in the prior quarter.
• The five-year high for Operating Expenses was $79.3 million in Q1 2023, with the low at -$11.6 million in Q4 2022.
• Historically, Operating Expenses has averaged $56.1 million across 5 years, with a median of $71.2 million in 2024.
• Annual changes were most pronounced in 2024 — Operating Expenses plunged 159.34% — and 2025, when it surged 1387.67%.
• Mcgrath Rentcorp's Operating Expenses stood at -$11.6 million in 2022, then surged by 80.19% to -$2.3 million in 2023, then sank by 159.34% to -$5.9 million in 2024, then surged by 1387.67% to $76.5 million in 2025, then declined by 0.44% to $76.2 million in 2026.
• The last three Operating Expenses figures came in at $76.2 million (Q1 2026), $76.5 million (Q4 2025), and $74.4 million (Q3 2025), per Business Quant data.