Mettler-Toledo International, Inc. Service — Revenue decreased by 3.6% to $262.87M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.4%, from $233.79M to $262.87M. Over 4 years (FY 2021 to FY 2025), Service — Revenue shows an upward trend with a 7.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase suggests a growing installed base of equipment or higher attachment rates for service contracts, while a decrease may signal reduced equipment utilization or increased competition from third-party service providers.
This metric represents the total gross revenue generated from maintenance, calibration, repair, and technical support se...
Peers in the precision instrumentation and industrial technology sectors typically report this as 'Service Revenue' or 'Aftermarket Revenue,' with high-performing firms maintaining steady double-digit growth.
mtd_segment_service_revenues| 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 | $187.87M | $191.11M | $200.87M | $191.18M | $198.14M | $201.86M | $209.81M | $212.74M | $223.15M | $219.85M | $225.91M | $224.98M | $234.49M | $238.94M | $243.72M | $233.79M | $248.98M | $263.05M | $272.77M | $262.87M |
| QoQ Change | — | +1.7% | +5.1% | -4.8% | +3.6% | +1.9% | +3.9% | +1.4% | +4.9% | -1.5% | +2.8% | -0.4% | +4.2% | +1.9% | +2.0% | -4.1% | +6.5% | +5.7% | +3.7% | -3.6% |
| YoY Change | — | — | — | — | +5.5% | +5.6% | +4.5% | +11.3% | +12.6% | +8.9% | +7.7% | +5.8% | +5.1% | +8.7% | +7.9% | +3.9% | +6.2% | +10.1% | +11.9% | +12.4% |