Artificial Intelligence Technology Solutions (AITX) Operating Expenses (2011 - 2026)
Artificial Intelligence Technology Solutions' (AITX) quarterly Operating Expenses came in at $5.5 million in Q1 2026, down 22.63% YoY from $7.1 million in Q1 2025, and up 39.34% on a QoQ basis from $3.9 million in Q4 2025.
Artificial Intelligence Technology Solutions (AITX) Operating Expenses (2011 - 2026) Analysis & Trends
Artificial Intelligence Technology Solutions' Operating Expenses history runs 11 years deep, the most recent figure standing at $5.5 million for Q1 2026.
- On a quarterly basis, Operating Expenses fell 22.63% year-over-year to $5.5 million in Q1 2026; TTM through Feb 2026 was $17.5 million, a 1.21% decrease from a year earlier, with the FY2026 full-year figure at $17.5 million, down 1.21% from the prior year.
- Operating Expenses was $5.5 million for Q1 2026 at Artificial Intelligence Technology Solutions, up from $3.9 million in the prior quarter.
- Over the last five years, Operating Expenses for AITX reached as high as $7.1 million in Q1 2025 and fell as low as $2.7 million in Q4 2023.
- A 5-year average of $3.9 million and a median of $3.5 million in 2024 frame the typical range for Operating Expenses.
- Peak annual rise in Operating Expenses reached 179.15% in 2022, while the deepest fall reached 39.61% in 2022.
- Tracing AITX's Operating Expenses over 5 years: stood at $3.1 million in 2022, then retreated by 11.61% to $2.7 million in 2023, then grew by 27.25% to $3.5 million in 2024, then increased by 13.09% to $3.9 million in 2025, then surged by 39.34% to $5.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $5.5 million, $3.9 million, and $3.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | U-Haul Holding | 10.97 Bn | 10.97 Bn | -42.05 Mn | 848.61 Mn |
| 2 | Ryder System | 10.36 Bn | 10.36 Bn | 3.02 Bn | 3.01 Bn |
| 3 | Avis Budget | 6.65 Bn | 6.24 Bn | - | 1.42 Bn |
| 4 | Gatx | 6.31 Bn | 7.19 Bn | 561.90 Mn | 410.40 Mn |
| 5 | WillScot Holdings | 5.22 Bn | 5.22 Bn | 285.68 Mn | 234.02 Mn |
| 6 | Herc Holdings | 5.17 Bn | 5.13 Bn | 686.00 Mn | 393.00 Mn |
| 7 | Mcgrath Rentcorp | 2.90 Bn | 2.90 Bn | 96.89 Mn | 76.20 Mn |
| 8 | Custom Truck One Source | 2.57 Bn | 2.57 Bn | 103.06 Mn | 71.59 Mn |
| 9 | EquipmentShare.com | 2.06 Bn | 1.75 Bn | - | - |
| 10 | Artificial Intelligence Technology Solutions | - | - | 1.65 Mn | 5.48 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 5.48 Mn |
| Nov 30, 2025 | 3.93 Mn |
| Aug 31, 2025 | 3.65 Mn |
| May 31, 2025 | 4.41 Mn |
| Feb 28, 2025 | 7.08 Mn |
| Nov 30, 2024 | 3.48 Mn |
| Aug 31, 2024 | 3.61 Mn |
| May 31, 2024 | 3.52 Mn |
| Feb 29, 2024 | 5.45 Mn |
| Nov 30, 2023 | 2.73 Mn |
| Aug 31, 2023 | 3.23 Mn |
| May 31, 2023 | 3.32 Mn |
| Feb 28, 2023 | 3.25 Mn |
| Nov 30, 2022 | 3.09 Mn |
| Aug 31, 2022 | 3.41 Mn |
| May 31, 2022 | 3.59 Mn |
| Feb 28, 2022 | 3.24 Mn |
| Nov 30, 2021 | 5.12 Mn |
| Aug 31, 2021 | 3.38 Mn |
| May 31, 2021 | 2.60 Mn |