Marzetti (MZTI) Operating Expenses (2009 - 2026)
Marzetti's (MZTI) quarterly Operating Expenses came in at $60.6 million in Q1 2026, up 8.12% year-on-year from $56.1 million in Q1 2025, and down 2.31% quarter-over-quarter from $62.1 million in Q4 2025.
Marzetti (MZTI) Operating Expenses (2009 - 2026) Analysis & Trends
Marzetti's Operating Expenses history runs 18 years deep, the most recent figure standing at $60.6 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 8.12% year-over-year to $60.6 million in Q1 2026; TTM through Mar 2026 was $249.5 million, a 11.32% increase from a year earlier, with the FY2025 full-year figure at $235.3 million, up 1.03% from the prior year.
- Operating Expenses declined to $60.6 million in Q1 2026 per MZTI's latest filing, from $62.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $81.7 million in Q2 2023 and bottomed at $49.8 million in Q3 2022.
- The 5-year median for Operating Expenses is $59.6 million (2025), against an average of $61.2 million.
- Across the five-year window, Operating Expenses surged 45.31% in 2022 and tumbled 31.54% in 2024, its largest moves.
- Year by year, Operating Expenses stood at $50.8 million in 2022, then gained by 9.73% to $55.7 million in 2023, then rose by 2.5% to $57.1 million in 2024, then rose by 8.7% to $62.1 million in 2025, then slipped by 2.31% to $60.6 million in 2026.
- Per Business Quant, the three latest MZTI Operating Expenses figures stand at $60.6 million (Q1 2026), $62.1 million (Q4 2025), and $59.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 1.07 Bn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 318.62 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 441.80 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 180.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 1.43 Bn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 401.10 Mn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 192.60 Mn |
| 10 | Marzetti | 2.92 Bn | 2.70 Bn | 107.22 Mn | 60.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.64 Mn |
| Dec 31, 2025 | 62.08 Mn |
| Sep 30, 2025 | 59.56 Mn |
| Jun 30, 2025 | 67.18 Mn |
| Mar 31, 2025 | 56.09 Mn |
| Dec 31, 2024 | 57.11 Mn |
| Sep 30, 2024 | 54.96 Mn |
| Jun 30, 2024 | 55.93 Mn |
| Mar 31, 2024 | 69.35 Mn |
| Dec 31, 2023 | 55.71 Mn |
| Sep 30, 2023 | 51.95 Mn |
| Jun 30, 2023 | 81.70 Mn |
| Mar 31, 2023 | 64.83 Mn |
| Dec 31, 2022 | 50.78 Mn |
| Sep 30, 2022 | 49.76 Mn |
| Jun 30, 2022 | 64.71 Mn |
| Mar 31, 2022 | 77.25 Mn |
| Dec 31, 2021 | 53.47 Mn |
| Sep 30, 2021 | 51.86 Mn |
| Jun 30, 2021 | 55.76 Mn |