Mks (MKSI) Operating Expenses (2009 - 2026)
Mks (MKSI) posted Operating Expenses of $274.0 million for Q1 2026, up 4.58% sequentially from $262.0 million in Q4 2025, and up 1.11% YoY from $271.0 million in Q1 2025.
Mks (MKSI) Operating Expenses (2009 - 2026) Analysis & Trends
Mks has reported Operating Expenses for 18 years, with the latest figure at $274.0 million in Q1 2026.
- Quarterly Operating Expenses rose 1.11% year-over-year to $274.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 7.46% YoY) and the FY2025 annual result came in at $1.0 billion, up 7.57% from the prior year.
- Operating Expenses grew to $274.0 million in Q1 2026 per MKSI's latest filing, from $262.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $274.0 million in Q1 2026 and troughed at $146.0 million in Q1 2022.
- A 5-year average of $236.9 million and a median of $243.0 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses soared 72.6% in 2023, then retreated 9.13% in 2024.
- Over 5 years, Operating Expenses stood at $253.0 million in 2022, then retreated by 7.91% to $233.0 million in 2023, then rose by 3.43% to $241.0 million in 2024, then increased by 8.71% to $262.0 million in 2025, then rose by 4.58% to $274.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $274.0 million, $262.0 million, and $260.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 646.51 Mn |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 1.31 Bn |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 1.77 Bn |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 1.33 Bn |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 282.00 Mn |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 485.40 Mn |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 542.90 Mn |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 120.26 Mn |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 298.07 Mn |
| 10 | Sensata Technologies Holding | 6.09 Bn | 5.68 Bn | 301.80 Mn | 825.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 282.00 Mn |
| Mar 31, 2026 | 274.00 Mn |
| Dec 31, 2025 | 262.00 Mn |
| Sep 30, 2025 | 260.00 Mn |
| Jun 30, 2025 | 256.00 Mn |
| Mar 31, 2025 | 271.00 Mn |
| Dec 31, 2024 | 241.00 Mn |
| Sep 30, 2024 | 238.00 Mn |
| Jun 30, 2024 | 229.00 Mn |
| Mar 31, 2024 | 243.00 Mn |
| Dec 31, 2023 | 233.00 Mn |
| Sep 30, 2023 | 241.00 Mn |
| Jun 30, 2023 | 252.00 Mn |
| Mar 31, 2023 | 252.00 Mn |
| Dec 31, 2022 | 253.00 Mn |
| Sep 30, 2022 | 220.00 Mn |
| Jun 30, 2022 | 156.00 Mn |
| Mar 31, 2022 | 146.00 Mn |
| Dec 31, 2021 | 167.00 Mn |
| Sep 30, 2021 | 149.00 Mn |