Mettler Toledo International (MTD) Operating Expenses (2009 - 2026)
Mettler Toledo International (MTD) recorded quarterly Operating Expenses of $316.9 million in Q1 2026, little changed quarter-over-quarter from $317.0 million in Q4 2025, and up 8.18% on a YoY basis from $292.9 million in Q1 2025.
Mettler Toledo International (MTD) Operating Expenses (2009 - 2026) Analysis & Trends
Mettler Toledo International's Operating Expenses history runs 18 years deep, the most recent figure standing at $316.9 million for 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 was $316.9 million for Q1 2026 at Mettler Toledo International, roughly flat from $317.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $317.0 million in Q4 2025 to a low of $271.0 million in Q3 2023.
- Historically, Operating Expenses has averaged $289.7 million across 5 years, with a median of $286.9 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses slipped 5.26% in 2022, then grew 9.69% in 2025.
- A 5-year view of Operating Expenses shows it stood at $275.3 million in 2022, then grew by 2.77% to $282.9 million in 2023, then grew by 2.34% to $289.5 million in 2024, then grew by 9.48% to $317.0 million in 2025, then slipped by 0.04% to $316.9 million in 2026.
- The last three Operating Expenses figures came in at $316.9 million (Q1 2026), $317.0 million (Q4 2025), and $305.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 1.31 Bn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 9.14 Bn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 2.25 Bn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 360.15 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 1.44 Bn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 553.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 790.16 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 512.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 316.87 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 2.50 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |