Miller Industries (MLR) Operating Expenses (2010 - 2026)
Miller Industries' (MLR) quarterly Operating Expenses came in at $25.2 million in Q2 2026, up 7.57% year-over-year from $23.4 million in Q2 2025, and up 5.12% quarter-over-quarter from $23.9 million in Q1 2026.
Analysis
Miller Industries (MLR) Operating Expenses (2010 - 2026) Analysis & Trends
Miller Industries has disclosed Operating Expenses across 17 years of filings, most recently posting $25.2 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 7.57% year-over-year to $25.2 million; the TTM figure through Jun 2026 stood at $91.4 million (up 3.13% YoY), while the FY2025 annual figure was $89.0 million, up 3.08% from the prior year.
- Operating Expenses came in at $25.2 million for Q2 2026 at Miller Industries, up from $23.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $25.2 million in Q2 2026 to a low of $12.4 million in Q1 2022.
- Average Operating Expenses over 5 years is $19.5 million, with a median of $20.4 million recorded in 2024.
- Year-over-year, Operating Expenses jumped 53.98% in 2023 and slipped 4.83% in 2025.
- Over 5 years, Operating Expenses stood at $13.1 million in 2022, then advanced by 24.77% to $16.4 million in 2023, then increased by 20.25% to $19.7 million in 2024, then gained by 7.07% to $21.1 million in 2025, then gained by 19.48% to $25.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $25.2 million in Q2 2026, $23.9 million in Q1 2026, and $21.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.39 Bn | 363.68 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Cummins | 75.63 Bn | 70.96 Bn | 2.47 Bn | 1.28 Bn |
| 3 | Paccar | 64.63 Bn | 55.97 Bn | 1.56 Bn | 6.23 Bn |
| 4 | Borgwarner | 13.31 Bn | 10.87 Bn | 721.00 Mn | 352.00 Mn |
| 5 | Allison Transmission Holdings | 10.47 Bn | 10.07 Bn | 515.00 Mn | 224.00 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.81 Bn | 480.30 Mn | 237.10 Mn |
| 7 | Federal Signal | 6.92 Bn | 6.85 Bn | 203.80 Mn | 78.30 Mn |
| 8 | Terex | 6.85 Bn | 6.44 Bn | 444.00 Mn | 209.00 Mn |
| 9 | Dana | 3.29 Bn | 2.96 Bn | 210.00 Mn | 197.00 Mn |
| 10 | Miller Industries | 617.32 Mn | 561.68 Mn | 35.94 Mn | 25.18 Mn |
Historic Data
Download Data
Historic 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 |