Mcgrath Rentcorp Operating Expenses Growth & History (MGRC)
Mcgrath Rentcorp's operating expenses was $211.4M for fiscal 2025.
View full Mcgrath Rentcorp company overviewMcgrath Rentcorp annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $211.4M | $20.2M | +10.57% |
| 2024 | 2024-12-31 | $191.2M | −$12.8M | −6.26% |
| 2023 | 2023-12-31 | $203.9M | $61.0M | +42.69% |
| 2022 | 2022-12-31 | $142.9M | $19.9M | +16.14% |
| 2021 | 2021-12-31 | $123.1M | $65,000 | +0.05% |
| 2020 | 2020-12-31 | $123.0M | −$1.8M | −1.44% |
| 2019 | 2019-12-31 | $124.8M | $9.0M | +7.79% |
| 2018 | 2018-12-31 | $115.8M | $4.2M | +3.73% |
| 2017 | 2017-12-31 | $111.6M | $6.7M | +6.38% |
| 2016 | 2016-12-31 | $104.9M | $5.0M | +4.96% |
| 2015 | 2015-12-31 | $100.0M | $3.1M | +3.19% |
| 2014 | 2014-12-31 | $96.9M | $8.1M | +9.12% |
| 2013 | 2013-12-31 | $88.8M | $2.5M | +2.88% |
| 2012 | 2012-12-31 | $86.3M | $8.2M | +10.43% |
| 2011 | 2011-12-31 | $78.1M | $12.5M | +19.13% |
| 2010 | 2010-12-31 | $65.6M | $5.2M | +8.53% |
| 2009 | 2009-12-31 | $60.4M | — | — |
Mcgrath Rentcorp quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $54.6M | $1.1M | +2.02% |
| Q1 2026 | 2026-03-31 | $53.5M | $2.6M | +5.15% |
| Q4 2025 | 2025-12-31 | $54.4M | $2.7M | +5.29% |
| Q3 2025 | 2025-09-30 | $52.5M | $3.2M | +6.58% |
| Q2 2025 | 2025-06-30 | $53.5M | $4.5M | +9.26% |
| Q1 2025 | 2025-03-31 | $50.9M | $9.7M | +23.52% |
| Q4 2024 | 2024-12-31 | $51.7M | −$2.8M | −5.11% |
| Q3 2024 | 2024-09-30 | $49.3M | $4.3M | +9.67% |
| Q2 2024 | 2024-06-30 | $49.0M | $2.0M | +4.20% |
| Q1 2024 | 2024-03-31 | $41.2M | −$16.3M | −28.37% |
| Q4 2023 | 2023-12-31 | $54.4M | $14.9M | +37.68% |
| Q3 2023 | 2023-09-30 | $44.9M | $8.0M | +21.64% |
| Q2 2023 | 2023-06-30 | $47.0M | $13.2M | +39.09% |
| Q1 2023 | 2023-03-31 | $57.5M | $24.9M | +76.35% |
| Q4 2022 | 2022-12-31 | $39.5M | $25.8M | +187.54% |
| Q3 2022 | 2022-09-30 | $37.0M | −$3.0M | −7.40% |
| Q2 2022 | 2022-06-30 | $33.8M | −$2.5M | −6.76% |
| Q1 2022 | 2022-03-31 | $32.6M | −$532,000 | −1.61% |
| Q4 2021 | 2021-12-31 | $13.8M | −$15.9M | −53.58% |
| Q3 2021 | 2021-09-30 | $39.9M | $9.0M | +29.27% |
| Q2 2021 | 2021-06-30 | $36.3M | $5.7M | +18.73% |
| Q1 2021 | 2021-03-31 | $33.1M | $1.2M | +3.70% |
| Q4 2020 | 2020-12-31 | $29.6M | −$3.1M | −9.53% |
| Q3 2020 | 2020-09-30 | $30.9M | −$663,000 | −2.10% |
| Q2 2020 | 2020-06-30 | $30.5M | −$275,000 | −0.89% |
| Q1 2020 | 2020-03-31 | $32.0M | $2.3M | +7.61% |
| Q4 2019 | 2019-12-31 | $32.7M | $2.8M | +9.39% |
| Q3 2019 | 2019-09-30 | $31.5M | $3.3M | +11.72% |
| Q2 2019 | 2019-06-30 | $30.8M | $1.3M | +4.53% |
| Q1 2019 | 2019-03-31 | $29.7M | $1.6M | +5.57% |
| Q4 2018 | 2018-12-31 | $29.9M | $2.0M | +7.29% |
| Q3 2018 | 2018-09-30 | $28.2M | −$263,000 | −0.92% |
| Q2 2018 | 2018-06-30 | $29.5M | $2.1M | +7.73% |
| Q1 2018 | 2018-03-31 | $28.1M | $280,000 | +1.01% |
| Q4 2017 | 2017-12-31 | $27.9M | $1.3M | +4.79% |
| Q3 2017 | 2017-09-30 | $28.5M | $2.3M | +8.73% |
| Q2 2017 | 2017-06-30 | $27.4M | $1.7M | +6.55% |
| Q1 2017 | 2017-03-31 | $27.8M | $1.5M | +5.50% |
| Q4 2016 | 2016-12-31 | $26.6M | $1.3M | +5.29% |
| Q3 2016 | 2016-09-30 | $26.2M | $1.2M | +4.82% |
| Q2 2016 | 2016-06-30 | $25.7M | $1.2M | +5.03% |
| Q1 2016 | 2016-03-31 | $26.4M | $1.2M | +4.70% |
| Q4 2015 | 2015-12-31 | $25.3M | −$119,000 | −0.47% |
| Q3 2015 | 2015-09-30 | $25.0M | $796,000 | +3.29% |
| Q2 2015 | 2015-06-30 | $24.5M | $613,000 | +2.57% |
| Q1 2015 | 2015-03-31 | $25.2M | $1.8M | +7.69% |
| Q4 2014 | 2014-12-31 | $25.4M | $2.5M | +10.70% |
| Q3 2014 | 2014-09-30 | $24.2M | $1.8M | +8.12% |
| Q2 2014 | 2014-06-30 | $23.8M | $2.0M | +9.40% |
| Q1 2014 | 2014-03-31 | $23.4M | $1.8M | +8.19% |
| Q4 2013 | 2013-12-31 | $23.0M | $46,000 | +0.20% |
| Q3 2013 | 2013-09-30 | $22.4M | $1.5M | +7.36% |
| Q2 2013 | 2013-06-30 | $21.8M | $629,000 | +2.97% |
| Q1 2013 | 2013-03-31 | $21.6M | $277,000 | +1.30% |
| Q4 2012 | 2012-12-31 | $22.9M | $2.1M | +9.90% |
| Q3 2012 | 2012-09-30 | $20.8M | $767,000 | +3.82% |
| Q2 2012 | 2012-06-30 | $21.2M | $2.5M | +13.50% |
| Q1 2012 | 2012-03-31 | $21.4M | $2.8M | +15.10% |
| Q4 2011 | 2011-12-31 | $20.8M | — | — |
| Q3 2011 | 2011-09-30 | $20.1M | $3.5M | +21.20% |
| Q2 2011 | 2011-06-30 | $18.6M | $1.7M | +10.01% |
| Q1 2011 | 2011-03-31 | $18.6M | — | — |
| Q3 2010 | 2010-09-30 | $16.6M | — | — |
| Q2 2010 | 2010-06-30 | $16.9M | — | — |
Mcgrath Rentcorp operating expenses trends
Over the last five fiscal years, Mcgrath Rentcorp's operating expenses increased from $123.0M to $211.4M, a change of $88.4M. The latest reported quarter, Q2 2026, shows $54.6M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mcgrath Rentcorp source filings ↗