Service — Cost of Product and Service Sold
Mettler-Toledo International, Inc. Service — Cost of Product and Service Sold increased by 1.1% to $122.72M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.5%, from $108.09M to $122.72M. Over 4 years (FY 2021 to FY 2025), Service — Cost of Product and Service Sold shows an upward trend with a 6.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests declining service margins or rising labor and logistics costs, whereas a decrease relative to revenue indicates improved operational efficiency or better cost management.
Detailed definition
This metric captures the direct costs associated with delivering service offerings, including technician labor, replacem...
Peer comparison
Comparable to 'Cost of Services' in industrial and life sciences companies, where investors look for stable or improving margins as the service business scales.
mtd_segment_service_cost_of_product_and_service_soldHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $93.39M | $91.84M | $92.70M | $89.12M | $98.71M | $95.85M | $100.76M | $96.42M | $101.62M | $102.22M | $102.60M | $105.89M | $110.51M | $108.86M | $110.63M | $108.09M | $114.03M | $121.35M | $121.42M | $122.72M |
| QoQ Change | — | -1.7% | +0.9% | -3.9% | +10.8% | -2.9% | +5.1% | -4.3% | +5.4% | +0.6% | +0.4% | +3.2% | +4.4% | -1.5% | +1.6% | -2.3% | +5.5% | +6.4% | +0.1% | +1.1% |
| YoY Change | — | — | — | — | +5.7% | +4.4% | +8.7% | +8.2% | +3.0% | +6.6% | +1.8% | +9.8% | +8.7% | +6.5% | +7.8% | +2.1% | +3.2% | +11.5% | +9.8% | +13.5% |
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Mettler-Toledo International, Inc.'s service — cost of product and service sold?
- Mettler-Toledo International, Inc. (MTD) reported service — cost of product and service sold of $122.72M in Q1 2026.
- How has Mettler-Toledo International, Inc.'s service — cost of product and service sold changed year-over-year?
- Mettler-Toledo International, Inc.'s service — cost of product and service sold increased by 13.5% year-over-year, from $108.09M to $122.72M.
- What is the long-term trend for Mettler-Toledo International, Inc.'s service — cost of product and service sold?
- Over 4 years (2021 to 2025), Mettler-Toledo International, Inc.'s service — cost of product and service sold has grown at a 6.2% compound annual growth rate (CAGR), from $365.36M to $464.89M.
- What does service — cost of product and service sold mean?
- The total direct expenses incurred to provide maintenance, repair, and support services to customers.