Advent Technologies Holdings, Inc. (ADNH) Operating Expenses (2019 - 2025)
Advent Technologies Holdings (ADNH) posted Operating Expenses of $229,000 for Q3 2025, down 93.5% from $3.55 million a year earlier and down 33.0% from the prior quarter.
Powered by 
Analysis
Advent Technologies Holdings, Inc. (ADNH) Operating Expenses (2019 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Operating Expenses at Advent Technologies Holdings was $11.25 million, down 61.1% year-over-year; for FY2024, it came in at $17.54 million, down 51.8% from FY2023.
- Annual Operating Expenses shows a five-year compound annual growth rate of 109.1% (FY2019 to FY2024).
- In prior years, Advent Technologies Holdings' Operating Expenses was $36.39 million in FY2023 (-20.4%), $45.71 million in FY2022 (+0.6%), $45.42 million in FY2021 and $1.42 million in FY2020 (+224.0%).
- The Q3 2025 figure stands as the lowest quarterly Operating Expenses since Q1 2020.
- On a year-over-year basis, Operating Expenses has declined in each of the last nine quarters, with an average decline of 52.6% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2020, with growth of 468.2%; the weakest was Q2 2025, with a decline of 95.2%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $342,000 (Q2 2025), $2.61 million (Q1 2025) and $8.07 million (Q4 2024).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 229,000.00 |
| Jun 30, 2025 | 342,000.00 |
| Mar 31, 2025 | 2.61 Mn |
| Dec 31, 2024 | 8.07 Mn |
| Sep 30, 2024 | 3.55 Mn |
| Jun 30, 2024 | 7.07 Mn |
| Mar 31, 2024 | 7.61 Mn |
| Dec 31, 2023 | 10.69 Mn |
| Sep 30, 2023 | 9.20 Mn |
| Jun 30, 2023 | 11.21 Mn |
| Mar 31, 2023 | 11.63 Mn |
| Dec 31, 2022 | 11.72 Mn |
| Sep 30, 2022 | 10.75 Mn |
| Jun 30, 2022 | 10.60 Mn |
| Mar 31, 2022 | 12.65 Mn |
| Dec 31, 2021 | 16.30 Mn |
| Sep 30, 2021 | 13.93 Mn |
| Jun 30, 2021 | 7.24 Mn |
| Mar 31, 2021 | 7.95 Mn |
| Dec 31, 2020 | 497,828.00 |
API Access
Advent Technologies Holdings, Inc. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADNH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "ADNH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=ADNH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();