Mastec (MTZ) Operating Expenses (2010 - 2026)

Mastec (MTZ) posted quarterly Operating Expenses of $206.5 million for Q2 2026, up 18.11% year-over-year from $174.8 million in Q2 2025, and down 3.61% quarter-over-quarter from $214.2 million in Q1 2026.

Mastec (MTZ) Operating Expenses (2010 - 2026) Analysis & Trends

Mastec (MTZ) has reported Operating Expenses for 17 consecutive years, with $206.5 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Operating Expenses rose 18.11% year-over-year to $206.5 million; the TTM figure through Jun 2026 stood at $790.9 million (up 14.16% YoY), while the FY2025 annual figure was $713.0 million, up 4.16% from the prior year.
  • Operating Expenses declined to $206.5 million in Q2 2026 per MTZ's latest filing, from $214.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $214.2 million in Q1 2026 and bottomed at $125.1 million in Q3 2022.
  • Historically, Operating Expenses has averaged $170.8 million across 5 years, with a median of $171.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 128.31% — and 2024, when it retreated 6.51%.
  • Mastec's Operating Expenses stood at $155.2 million in 2022, then gained by 14.82% to $178.2 million in 2023, then increased by 2.71% to $183.0 million in 2024, then climbed by 3.34% to $189.1 million in 2025, then gained by 9.16% to $206.5 million in 2026.
  • Business Quant data shows MTZ's Operating Expenses at $206.5 million in Q2 2026, $214.2 million in Q1 2026, and $189.1 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Quanta Services 98.57 Bn 98.48 Bn 1.55 Bn 698.49 Mn
2 Comfort Systems Usa 69.82 Bn 67.96 Bn 844.23 Mn 287.05 Mn
3 Ferrovial 46.93 Bn 41.94 Bn - -
4 Emcor 35.79 Bn 34.87 Bn 1.02 Bn 475.04 Mn
5 Mastec 25.30 Bn 25.14 Bn 556.28 Mn 206.47 Mn
6 Sterling Infrastructure 18.27 Bn 17.76 Bn 194.30 Mn 49.26 Mn
7 APi 17.00 Bn 16.35 Bn 703.00 Mn 528.00 Mn
8 Jacobs Solutions 15.69 Bn 14.31 Bn 794.89 Mn 876.07 Mn
9 IES Holdings 12.60 Bn 12.34 Bn 254.79 Mn 142.57 Mn
10 Dycom Industries 12.50 Bn 11.79 Bn - -

Historic Data

Download Data
DateValue
Jun 30, 2026 206.47 Mn
Mar 31, 2026 214.21 Mn
Dec 31, 2025 189.14 Mn
Sep 30, 2025 181.05 Mn
Jun 30, 2025 176.65 Mn
Mar 31, 2025 166.05 Mn
Dec 31, 2024 183.02 Mn
Sep 30, 2024 168.87 Mn
Jun 30, 2024 167.08 Mn
Mar 31, 2024 165.54 Mn
Dec 31, 2023 178.19 Mn
Sep 30, 2023 180.64 Mn
Jun 30, 2023 176.16 Mn
Mar 31, 2023 163.91 Mn
Dec 31, 2022 155.19 Mn
Sep 30, 2022 125.07 Mn
Jun 30, 2022 133.79 Mn
Mar 31, 2022 145.39 Mn
Dec 31, 2021 67.98 Mn
Sep 30, 2021 86.90 Mn