M-tron Industries (MPTI) Operating Expenses (2023 - 2026)
M-tron Industries' (MPTI) quarterly Operating Expenses came in at $13.4 million in Q2 2026, up 17.07% year-over-year from $11.4 million in Q2 2025, and up 10.88% quarter-over-quarter from $12.1 million in Q1 2026.
Analysis
M-tron Industries (MPTI) Operating Expenses (2023 - 2026) Analysis & Trends
M-tron Industries has disclosed Operating Expenses across 4 years of filings, most recently posting $13.4 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 17.07% year-over-year to $13.4 million; the TTM figure through Jun 2026 stood at $47.4 million (up 11.15% YoY), while the FY2025 annual figure was $44.1 million, up 11.38% from the prior year.
- Operating Expenses came in at $13.4 million for Q2 2026 at M-tron Industries, up from $12.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $13.4 million in Q2 2026 to a low of $8.6 million in Q2 2023.
- Average Operating Expenses over 4 years is $10.4 million, with a median of $10.3 million recorded in 2024.
- Year-over-year, Operating Expenses declined 5.58% in 2024 and climbed 17.91% in 2025.
- Over 4 years, Operating Expenses stood at $10.8 million in 2023, then declined by 5.58% to $10.2 million in 2024, then gained by 1.18% to $10.3 million in 2025, then advanced by 29.38% to $13.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $13.4 million in Q2 2026, $12.1 million in Q1 2026, and $10.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 74.93 Bn | 72.20 Bn | 477.30 Mn | 198.00 Mn |
| 2 | Coherent | 54.02 Bn | 52.03 Bn | 787.08 Mn | 1.77 Bn |
| 3 | Zebra Technologies | 16.47 Bn | 16.31 Bn | 825.00 Mn | 504.00 Mn |
| 4 | Littelfuse | 10.68 Bn | 10.05 Bn | 306.06 Mn | 186.34 Mn |
| 5 | Vishay Intertechnology | 4.32 Bn | 3.01 Bn | 207.38 Mn | 153.86 Mn |
| 6 | LG Display | 3.23 Bn | 2.16 Bn | 509.35 Mn | -500.55 Mn |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 49.90 Mn |
| 8 | Bel Fuse | 2.80 Bn | 2.49 Bn | 83.97 Mn | 45.32 Mn |
| 9 | Hesai | 2.56 Bn | 1.58 Bn | 50.88 Mn | 50.56 Mn |
| 10 | M-tron Industries | 318.18 Mn | 221.94 Mn | 6.23 Mn | 13.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.39 Mn |
| Mar 31, 2026 | 12.08 Mn |
| Dec 31, 2025 | 10.35 Mn |
| Sep 30, 2025 | 11.62 Mn |
| Jun 30, 2025 | 11.44 Mn |
| Mar 31, 2025 | 10.72 Mn |
| Dec 31, 2024 | 10.23 Mn |
| Sep 30, 2024 | 10.29 Mn |
| Jun 30, 2024 | 9.70 Mn |
| Mar 31, 2024 | 9.40 Mn |
| Dec 31, 2023 | 10.83 Mn |
| Sep 30, 2023 | 8.86 Mn |
| Jun 30, 2023 | 8.58 Mn |
| Mar 31, 2023 | 8.61 Mn |