Terex (TEX) Operating Expenses (2009 - 2026)
Terex's (TEX) quarterly Operating Expenses came in at $209.0 million in Q2 2026, up 29.01% YoY from $162.0 million in Q2 2025, and down 13.28% on a QoQ basis from $241.0 million in Q1 2026.
Analysis
Terex (TEX) Operating Expenses (2009 - 2026) Analysis & Trends
Terex (TEX) has 18 years of Operating Expenses data on file, last reported at $209.0 million in Q2 2026.
- Quarterly Operating Expenses rose 29.01% year-over-year to $209.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $703.0 million (up 19.15% YoY) and the FY2025 annual result came in at $576.0 million, up 6.27% from the prior year.
- Operating Expenses fell to $209.0 million in Q2 2026, from $241.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $241.0 million in Q1 2026 to a low of $109.0 million in Q2 2022.
- A 5-year average of $142.2 million and a median of $134.5 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses declined 22.92% — and 2026, when it surged 49.69%.
- Tracing TEX's Operating Expenses over 5 years: stood at $114.4 million in 2022, then rose by 28.5% to $147.0 million in 2023, then fell by 2.04% to $144.0 million in 2024, then decreased by 22.92% to $111.0 million in 2025, then soared by 88.29% to $209.0 million in 2026.
- The last three Operating Expenses figures came in at $209.0 million (Q2 2026), $241.0 million (Q1 2026), and $111.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 364.77 Bn | 358.05 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Deere | 188.05 Bn | 179.12 Bn | 12.32 Bn | 10.73 Bn |
| 3 | Paccar | 64.20 Bn | 55.54 Bn | 1.56 Bn | 6.23 Bn |
| 4 | CNH Industrial | 16.95 Bn | 15.09 Bn | 1.41 Bn | 751.00 Mn |
| 5 | Oshkosh | 9.54 Bn | 9.14 Bn | 480.30 Mn | 237.10 Mn |
| 6 | Agco | 9.05 Bn | 8.48 Bn | 645.90 Mn | 346.90 Mn |
| 7 | Terex | 7.04 Bn | 6.63 Bn | 444.00 Mn | 209.00 Mn |
| 8 | Blue Bird | 2.12 Bn | 2.01 Bn | 103.37 Mn | 40.71 Mn |
| 9 | Alamo | 2.08 Bn | 1.88 Bn | 110.86 Mn | 60.08 Mn |
| 10 | Lindsay | 1.24 Bn | 1.09 Bn | 47.83 Mn | 29.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 209.00 Mn |
| Mar 31, 2026 | 241.00 Mn |
| Dec 31, 2025 | 111.00 Mn |
| Sep 30, 2025 | 142.00 Mn |
| Jun 30, 2025 | 162.00 Mn |
| Mar 31, 2025 | 161.00 Mn |
| Dec 31, 2024 | 144.00 Mn |
| Sep 30, 2024 | 123.00 Mn |
| Jun 30, 2024 | 136.00 Mn |
| Mar 31, 2024 | 139.00 Mn |
| Dec 31, 2023 | 147.00 Mn |
| Sep 30, 2023 | 129.00 Mn |
| Jun 30, 2023 | 133.00 Mn |
| Mar 31, 2023 | 131.00 Mn |
| Dec 31, 2022 | 114.40 Mn |
| Sep 30, 2022 | 116.30 Mn |
| Jun 30, 2022 | 109.00 Mn |
| Mar 31, 2022 | 111.30 Mn |
| Dec 31, 2021 | 102.10 Mn |
| Sep 30, 2021 | 104.30 Mn |