Mettler Toledo International (MTD) Operating Expenses (2009 - 2026)

Mettler Toledo International (MTD) posted quarterly Operating Expenses of $316.9 million for Q1 2026, up 8.18% year-over-year from $292.9 million in Q1 2025, and little changed on a QoQ basis from $317.0 million in Q4 2025.

Mettler Toledo International (MTD) Operating Expenses (2009 - 2026) Analysis & Trends

Mettler Toledo International (MTD) has reported Operating Expenses for 18 consecutive years, with $316.9 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.18% year-over-year to $316.9 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 7.98% YoY), while the FY2025 annual figure was $1.2 billion, up 6.12% from the prior year.
  • Operating Expenses came in at $316.9 million for Q1 2026 at Mettler Toledo International, roughly flat from $317.0 million in the prior quarter.
  • The five-year high for Operating Expenses was $317.0 million in Q4 2025, with the low at $271.0 million in Q3 2023.
  • Average Operating Expenses over 5 years is $289.7 million, with a median of $286.9 million recorded in 2024.
  • Across the five-year window, Operating Expenses fell 5.26% in 2022 and gained 9.69% in 2025, its largest moves.
  • Year by year, Operating Expenses stood at $275.3 million in 2022, then gained by 2.77% to $282.9 million in 2023, then gained by 2.34% to $289.5 million in 2024, then gained by 9.48% to $317.0 million in 2025, then fell by 0.04% to $316.9 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $316.9 million, $317.0 million, and $305.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 1.31 Bn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 9.14 Bn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 2.25 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 360.15 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 790.16 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 1.44 Bn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 553.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 512.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 316.87 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 2.50 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 316.87 Mn
Dec 31, 2025 317.00 Mn
Sep 30, 2025 305.51 Mn
Jun 30, 2025 300.14 Mn
Mar 31, 2025 292.91 Mn
Dec 31, 2024 289.54 Mn
Sep 30, 2024 278.53 Mn
Jun 30, 2024 286.90 Mn
Mar 31, 2024 290.47 Mn
Dec 31, 2023 282.92 Mn
Sep 30, 2023 270.96 Mn
Jun 30, 2023 283.86 Mn
Mar 31, 2023 284.39 Mn
Dec 31, 2022 275.28 Mn
Sep 30, 2022 279.51 Mn
Jun 30, 2022 288.00 Mn
Mar 31, 2022 282.35 Mn
Dec 31, 2021 290.58 Mn
Sep 30, 2021 283.66 Mn
Jun 30, 2021 282.52 Mn