Materion (MTRN) Operating Expenses (2010 - 2026)

Over the twelve months ended Jul 3, 2026, Materion's Operating Expenses came in at $180.1 million, up 0.9% year-over-year; for FY2025, it came in at $172.15 million, down 5.1% from FY2024.

• Operating Expenses has declined for three consecutive years, though with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
• By year, Operating Expenses came in at $181.46 million in FY2024 (-4.1%), $189.28 million in FY2023 (-5.3%), $199.89 million in FY2022 (+5.3%) and $189.91 million in FY2021 (+14.8%).
• The Q2 2026 figure ranks as the highest quarterly Operating Expenses since Q4 2022.
• Year over year, Operating Expenses gained in four of the last eight quarters, with an average decline of 0.3%.
• The high point for year-over-year Operating Expenses in five years was Q4 2021 (growth of 18.1%); the low point was Q4 2025 (a decline of 14.3%).
• Per Business Quant data, the three quarters before Q2 2026 came in at $44.66 million (Q1 2026), $41.22 million (Q4 2025) and $45.02 million (Q3 2025).