AirJoule Technologies (AIRJ) Operating Expenses (2022 - 2026)
AirJoule Technologies' Operating Expenses came in at $5.04 million for Q2 2026, up 21.0% from $4.16 million a year earlier but down 8.7% from the prior quarter.
AirJoule Technologies (AIRJ) Operating Expenses (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, AirJoule Technologies reported Operating Expenses of $19.51 million, down 1.2% year-over-year; for FY2025, it came in at $17.9 million, up 64.8% from FY2024.
- Operating Expenses carries a four-year compound annual growth rate of 163.2% (FY2021 to FY2025).
- Going back by year, Operating Expenses was $10.86 million in FY2024 (+0.1%), $10.85 million in FY2023, $887,745 in FY2022 (+138.0%) and $372,924 in FY2021.
- The five-year range for quarterly Operating Expenses is $64,853 (Q1 2024) to $6.06 million (Q3 2024).
- Year-over-year, Operating Expenses has increased for three consecutive quarters, with growth averaging 48.5% over the last seven quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2025 (growth of 220.7%), and the weakest in Q1 2024 (a decline of 92.1%).
- Business Quant data shows AIRJ's Operating Expenses at $5.52 million (Q1 2026), $4.91 million (Q4 2025) and $4.05 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.88 Bn | 69.66 Bn | 1.95 Bn | 1.14 Bn |
| 2 | Veralto | 23.60 Bn | 16.25 Bn | 902.00 Mn | 587.00 Mn |
| 3 | Xylem | 23.57 Bn | 19.05 Bn | 963.00 Mn | 573.00 Mn |
| 4 | Badger Meter | 3.65 Bn | 2.92 Bn | 90.77 Mn | 51.40 Mn |
| 5 | Ceco Environmental | 3.06 Bn | 2.89 Bn | 86.47 Mn | 109.35 Mn |
| 6 | NWPX Infrastructure | 986.65 Mn | 948.13 Mn | 34.36 Mn | 13.21 Mn |
| 7 | Energy Recovery | 345.43 Mn | 20.59 Mn | 8.96 Mn | 14.84 Mn |
| 8 | Cadiz | 301.30 Mn | 269.74 Mn | -24,000.00 | 9.81 Mn |
| 9 | AirJoule Technologies | 289.72 Mn | 169.35 Mn | - | 5.04 Mn |
| 10 | LanzaTech Global | 77.10 Mn | -38.04 Mn | 1.91 Mn | 18.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.04 Mn |
| Mar 31, 2026 | 5.52 Mn |
| Dec 31, 2025 | 4.91 Mn |
| Sep 30, 2025 | 4.05 Mn |
| Jun 30, 2025 | 4.16 Mn |
| Mar 31, 2025 | 4.78 Mn |
| Dec 31, 2024 | 2.79 Mn |
| Sep 30, 2024 | 4.76 Mn |
| Jun 30, 2024 | 1.30 Mn |
| Mar 31, 2024 | 1.66 Mn |
| Dec 31, 2023 | 2.73 Mn |
| Sep 30, 2023 | 4.39 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 823,119.00 |
| Dec 31, 2022 | 194,396.00 |
| Sep 30, 2022 | 161,483.00 |
| Jun 30, 2022 | 188,470.00 |
| Mar 31, 2022 | 343,396.00 |
AirJoule Technologies 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=AIRJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AIRJ", "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=AIRJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();