Miller Industries (MLR) Operating Expenses (2010 - 2026)
Miller Industries' (MLR) quarterly Operating Expenses came in at $23.9 million in Q1 2026, up 2.96% year-on-year from $23.3 million in Q1 2025, and up 13.66% quarter-over-quarter from $21.1 million in Q4 2025.
Miller Industries (MLR) Operating Expenses (2010 - 2026) Analysis & Trends
Miller Industries has disclosed Operating Expenses across 17 years of filings, most recently posting $23.9 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $23.9 million, up 2.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $89.7 million (up 1.85% YoY), and the FY2025 annual result was $89.0 million, up 3.08% from the prior year.
- Operating Expenses came in at $23.9 million for Q1 2026 at Miller Industries, up from $21.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $23.9 million in Q1 2026 to a low of $12.4 million in Q1 2022.
- The 5-year median for Operating Expenses is $19.7 million (2024), against an average of $19.1 million.
- Across the five-year window, Operating Expenses soared 53.98% in 2023 and decreased 4.83% in 2025, its largest moves.
- Miller Industries' 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 rose by 13.66% to $23.9 million in 2026.
- The last three Operating Expenses figures came in at $23.9 million (Q1 2026), $21.1 million (Q4 2025), and $21.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 76.26 Bn | 76.01 Bn | 2.35 Bn | 1.51 Bn |
| 2 | Autozone | 51.55 Bn | 51.26 Bn | 2.24 Bn | 330.65 Mn |
| 3 | Borgwarner | 15.32 Bn | 15.49 Bn | 677.00 Mn | 346.00 Mn |
| 4 | Aptiv | 14.49 Bn | 11.41 Bn | 920.00 Mn | 4.71 Bn |
| 5 | Modine Manufacturing | 14.37 Bn | 14.28 Bn | 186.10 Mn | 93.00 Mn |
| 6 | Genuine Parts | 14.20 Bn | 13.71 Bn | 2.34 Bn | 2.05 Bn |
| 7 | Aurora Innovation | 11.92 Bn | 10.70 Bn | -5.00 Mn | 239.00 Mn |
| 8 | Magna International | 10.79 Bn | 9.60 Bn | 1.42 Bn | 960.00 Mn |
| 9 | Allison Transmission Holdings | 9.75 Bn | 9.43 Bn | 406.00 Mn | 211.00 Mn |
| 10 | Miller Industries | 561.38 Mn | 508.41 Mn | 25.68 Mn | 23.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 12.02 Mn |