Miller Industries (MLR) Operating Expenses (2010 - 2026)
Miller Industries (MLR) posted Operating Expenses of $23.9 million for Q1 2026, up 13.66% sequentially from $21.1 million in Q4 2025, and up 2.96% YoY from $23.3 million in Q1 2025.
Miller Industries (MLR) Operating Expenses (2010 - 2026) Analysis & Trends
Miller Industries has reported Operating Expenses for 17 years, with the latest figure at $23.9 million in Q1 2026.
- Quarterly Operating Expenses rose 2.96% year-over-year to $23.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $89.7 million (up 1.85% YoY) and the FY2025 annual result came in at $89.0 million, up 3.08% from the prior year.
- Operating Expenses climbed to $23.9 million in Q1 2026 per MLR's latest filing, from $21.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $23.9 million in Q1 2026 and troughed at $12.4 million in Q1 2022.
- A 5-year average of $19.1 million and a median of $19.7 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses surged 53.98% in 2023, then dropped 4.83% in 2025.
- Over 5 years, Operating Expenses stood at $13.1 million in 2022, then grew by 24.77% to $16.4 million in 2023, then gained by 20.25% to $19.7 million in 2024, then climbed by 7.07% to $21.1 million in 2025, then advanced by 13.66% to $23.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $23.9 million, $21.1 million, and $21.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.48 Bn | 73.22 Bn | 2.52 Bn | 1.53 Bn |
| 2 | Autozone | 48.71 Bn | 48.45 Bn | 2.52 Bn | 341.91 Mn |
| 3 | Magna International | 19.68 Bn | 18.25 Bn | 1.61 Bn | 980.00 Mn |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 2.13 Bn |
| 5 | Borgwarner | 13.62 Bn | 11.17 Bn | 721.00 Mn | 352.00 Mn |
| 6 | Allison Transmission Holdings | 10.82 Bn | 10.42 Bn | 515.00 Mn | 224.00 Mn |
| 7 | Modine Manufacturing | 10.51 Bn | 10.44 Bn | - | - |
| 8 | Aptiv | 10.09 Bn | 9.32 Bn | 775.00 Mn | 2.91 Bn |
| 9 | Autoliv | 9.25 Bn | 8.88 Bn | 509.00 Mn | 260.00 Mn |
| 10 | Miller Industries | 645.36 Mn | 589.73 Mn | 35.94 Mn | 25.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.18 Mn |
| Mar 31, 2026 | 23.95 Mn |
| Dec 31, 2025 | 21.07 Mn |
| Sep 30, 2025 | 21.25 Mn |
| Jun 30, 2025 | 23.40 Mn |
| Mar 31, 2025 | 23.26 Mn |
| Dec 31, 2024 | 19.68 Mn |
| Sep 30, 2024 | 22.33 Mn |
| Jun 30, 2024 | 22.77 Mn |
| Mar 31, 2024 | 21.54 Mn |
| Dec 31, 2023 | 16.37 Mn |
| Sep 30, 2023 | 19.32 Mn |
| Jun 30, 2023 | 19.48 Mn |
| Mar 31, 2023 | 17.92 Mn |
| Dec 31, 2022 | 13.12 Mn |
| Sep 30, 2022 | 14.67 Mn |
| Jun 30, 2022 | 12.65 Mn |
| Mar 31, 2022 | 12.39 Mn |
| Dec 31, 2021 | 11.18 Mn |
| Sep 30, 2021 | 11.98 Mn |