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| Date | Value |
|---|---|
| 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 |