Middleby (MIDD) Operating Expenses (2009 - 2026)

Middleby (MIDD) reported Operating Expenses of $38.8 million for Q1 2026, up 1108.76% year-over-year from $3.2 million in Q1 2025, and down 81.23% quarter-over-quarter from $206.4 million in Q3 2025.

Middleby (MIDD) Operating Expenses (2009 - 2026) Analysis & Trends

Middleby (MIDD) has 18 years of Operating Expenses data on file, last reported at $38.8 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $38.8 million, up 1108.76% year-over-year; the trailing twelve-month figure through Jan 2026 was $666.4 million (up 11.38% YoY), and the FY2026 annual result was $666.4 million, up 1.9% from the prior year.
  • Operating Expenses eased to $38.8 million in Q1 2026 per MIDD's latest filing, from $206.4 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 $175.4 million and a median of $203.9 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2026: Operating Expenses tumbled 98.71% in 2023, then surged 1108.76% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $202.0 million in 2022, then plunged by 98.71% to $2.6 million in 2023, then climbed by 23.02% to $3.2 million in 2024, then soared by 6339.15% to $206.4 million in 2025, then sank by 81.23% to $38.8 million in 2026.
  • Business Quant data shows MIDD's Operating Expenses at $38.8 million in Q1 2026, $206.4 million in Q3 2025, and $215.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 1.60 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 884.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 658.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 492.23 Mn
10 Middleby 7.73 Bn 7.51 Bn 336.22 Mn 38.75 Mn

Historic Data

Download Data
DateValue
Jan 3, 2026 38.75 Mn
Sep 27, 2025 206.44 Mn
Jun 28, 2025 215.90 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
Apr 3, 2021 155.75 Mn