Materion (MTRN) Operating Expenses (2010 - 2026)
Materion (MTRN) reported Operating Expenses of $49.21 million for Q2 2026, up 17.3% from $41.95 million a year earlier and up 10.2% from the prior quarter.
Materion (MTRN) Operating Expenses (2010 - 2026) Analysis & Trends
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).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 3.02 Bn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 119.48 Mn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | -780.00 Mn |
| 10 | Materion | 5.26 Bn | 5.19 Bn | 104.34 Mn | 49.21 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 49.21 Mn |
| Apr 3, 2026 | 44.66 Mn |
| Dec 31, 2025 | 41.22 Mn |
| Sep 26, 2025 | 45.02 Mn |
| Jun 27, 2025 | 41.95 Mn |
| Mar 28, 2025 | 43.99 Mn |
| Dec 31, 2024 | 48.10 Mn |
| Sep 27, 2024 | 44.38 Mn |
| Jun 28, 2024 | 44.35 Mn |
| Mar 29, 2024 | 44.61 Mn |
| Dec 31, 2023 | 46.93 Mn |
| Sep 29, 2023 | 46.21 Mn |
| Jun 30, 2023 | 47.52 Mn |
| Mar 31, 2023 | 48.62 Mn |
| Dec 31, 2022 | 53.57 Mn |
| Sep 30, 2022 | 46.87 Mn |
| Jul 1, 2022 | 49.64 Mn |
| Apr 1, 2022 | 49.81 Mn |
| Dec 31, 2021 | 53.10 Mn |
| Oct 1, 2021 | 49.55 Mn |
Materion Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MTRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MTRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MTRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();