Middleby (MIDD) Operating Expenses (2009 - 2026)

Middleby's (MIDD) quarterly Operating Expenses came in at $38.8 million in Q1 2026, up 1108.76% year-on-year from $3.2 million in Q1 2025, and down 81.23% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 1108.76% year-over-year to $38.8 million in Q1 2026; TTM through Jan 2026 was $666.4 million, a 11.38% increase from a year earlier, with the FY2026 full-year figure at $666.4 million, up 11.38% from the prior year.
  • Operating Expenses for Q1 2026 stood at $38.8 million, down from $206.4 million in the prior quarter.
  • Over the last five years, Operating Expenses for MIDD reached as high as $280.8 million in Q1 2022 and fell as low as $2.6 million in Q4 2023.
  • Historically, Operating Expenses has averaged $175.4 million across 5 years, with a median of $203.9 million in 2024.
  • Across the five-year window, Operating Expenses sank 98.71% in 2023 and soared 1108.76% in 2026, its largest moves.
  • Year by year, Operating Expenses stood at $202.0 million in 2022, then sank by 98.71% to $2.6 million in 2023, then rose by 23.02% to $3.2 million in 2024, then soared by 6339.15% to $206.4 million in 2025, then slumped by 81.23% to $38.8 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 270.93 Bn 257.81 Bn 2.36 Bn 1.71 Bn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 884.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.32 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 1.41 Bn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 658.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 370.70 Mn
10 Middleby 6.92 Bn 6.70 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