Middleby (MIDD) Operating Expenses (2009 - 2026)
Middleby's (MIDD) quarterly Operating Expenses came in at $187.3 million in Q3 2026, up 11.32% year-over-year from $168.3 million in Q3 2025, and up 383.4% quarter-over-quarter from $38.8 million in Q1 2026.
Analysis
Middleby (MIDD) Operating Expenses (2009 - 2026) Analysis & Trends
Middleby (MIDD) has reported Operating Expenses for 18 consecutive years, with $187.3 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Operating Expenses rose 11.32% year-over-year to $187.3 million in Q3 2026; TTM through Jul 2026 was $600.8 million, a 7.51% increase from a year earlier, with the FY2026 full-year figure at $666.4 million, up 1.9% from the prior year.
- Operating Expenses was $187.3 million for Q3 2026 at Middleby, up from $38.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $280.8 million in Q1 2022 and troughed at $2.6 million in Q4 2023.
- A 5-year average of $173.4 million and a median of $202.7 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 98.71% in 2023 and jumped 1108.76% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $202.0 million in 2022, then sank by 98.71% to $2.6 million in 2023, then advanced by 23.02% to $3.2 million in 2024, then surged by 6339.15% to $206.4 million in 2025, then slipped by 9.26% to $187.3 million in 2026.
- The last three Operating Expenses figures came in at $187.3 million (Q3 2026), $38.8 million (Q1 2026), and $206.4 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.28 Bn | 81.95 Bn | 2.68 Bn | 5.52 Bn |
| 2 | Illinois Tool Works | 75.67 Bn | 74.83 Bn | 1.90 Bn | - |
| 3 | Ametek | 54.19 Bn | 53.69 Bn | 735.04 Mn | 1.52 Bn |
| 4 | Rockwell Automation | 47.43 Bn | 46.95 Bn | 1.14 Bn | 663.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 321.77 Mn |
| 6 | Dover | 25.81 Bn | 24.05 Bn | 880.61 Mn | 488.82 Mn |
| 7 | Nordson | 17.47 Bn | 17.36 Bn | 453.73 Mn | 230.64 Mn |
| 8 | Fortive | 17.01 Bn | 16.64 Bn | 695.30 Mn | 485.40 Mn |
| 9 | RBC Bearings | 15.36 Bn | 15.24 Bn | 247.80 Mn | 107.00 Mn |
| 10 | Middleby | 4.80 Bn | 4.64 Bn | 335.08 Mn | 187.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 187.33 Mn |
| Jan 3, 2026 | 38.75 Mn |
| Sep 27, 2025 | 206.44 Mn |
| Jun 28, 2025 | 168.29 Mn |
| Mar 29, 2025 | 205.34 Mn |
| Dec 28, 2024 | 3.21 Mn |
| Sep 28, 2024 | 182.00 Mn |
| Jun 29, 2024 | 203.93 Mn |
| Mar 30, 2024 | 209.23 Mn |
| Dec 30, 2023 | 2.61 Mn |
| Sep 30, 2023 | 200.88 Mn |
| Jul 1, 2023 | 208.47 Mn |
| Apr 1, 2023 | 217.71 Mn |
| Dec 31, 2022 | 201.96 Mn |
| Oct 1, 2022 | 203.53 Mn |
| Jul 2, 2022 | 193.52 Mn |
| Apr 2, 2022 | 207.95 Mn |
| Jan 1, 2022 | 280.77 Mn |
| Oct 2, 2021 | 176.15 Mn |
| Jul 3, 2021 | 166.72 Mn |